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Microcap & Penny Stocks : AIRI - A Unique Opportunity in Value Stocks -- Ignore unavailable to you. Want to Upgrade?


To: rdkflorida2 who wrote (102)2/8/2022 12:51:53 PM
From: rdkflorida2  Respond to of 250
 
Updated thoughts. Looking at everything. In house movement of some work is complete. Cost was "minimal". Two new lathes due in sometime in March. One minor grinding machine now up and running. There are still some options and warrants due to expire soon. These are at $3.00-$4.00. They will expire and not be exercised. Some convertible shares are still outstanding and "IF" converted would bring total A/S up to 34 Million, plus or minus. Conversion would also eliminate interest payments. None of the debt is "toxic". NONE! Total debt is around $24 Million. There is "no" risk of delisting. Using very conservative metrics the PPS should be somewhere around $1.20 to $1.50 right now. Expect 4th qtr and 2021 numbers around end of Feb, beginning of Mar. With an estimate of .08 profit per share for 2022 and a "reasonable" 12 to 15 multiple AIRI is undervalued. Expect work orders to filter down to AIRI from LMT and other larger DoD contractors in the next 3-6 months. Looking better and better. RDK