Recent

% | $
Quotes you view appear here for quick access.

CPI Aerostructures Inc. Message Board

SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    Techstocksman,
    As one might say asked and answered. Next question please.

    But then again you received an answer you did not like, so you disappear. You received an answer that was the truth. Did you ask that question to create doubt? Why? Anyway, any person with an average IQ or above can read the financials. Did you really need Curious to explain basic numbers to you that are in the public domain that people can easily see? It is embarrassing. Quite frankly all your questions did was further bring attention to how poor CPI is doing and how poorly run they are. But then again deep down you know this.

    So the questions were answered truthfully which can not be refuted so why do you and whoever (if anyone else) give someone thumbs down for politely stating the truth.
    It makes any CPI Aerospace advocate look foolish and deceitful. Hmm why would you want the truth distorted.

    The thumbs down are just cries of desperation.

    Sentiment: Same as Wall Street STRONG AVOID AT ALL COSTS.

    Sentiment: Strong Sell

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    I will always engage in meaningful discussion. I am the one who has asked the thumbs down people to refute what they don't agree with, and told greeneyes that the personal attacks were in bad taste.

    Here's my point on margins. Go back three to five years and look at the financials. You will see a declining gross margin. That comes from the new work they've won, not the old. The old work stays at its historic margins usually, unless you've mis-bid every job. Therefore it has to be the new jobs that are at lower margins, thereby countering the older, higher margin jobs.

    Lastly, I give you this to ponder. This year is supposed to generate the most revenue in the company's history. Yet, it doesn't come close to generating the highest gross income or net income in their history! So what should that tell you? They're generating more revenue, but on jobs with less profit built into them. Under the previous CEO, when revenue grew, so did net income. Under this CEO, revenue grows, but net income gets worse. It might be a case where the new guy will take anything just to show that he's winning jobs. That remains to be seen.

    But don't just take my word for it. Do your due diligence and analyze the numbers and trends yourself. Then either concur that you see what we're pointing out, or show us something that we're not seeing! Fair?

    And also, though he can be a bit abrasive, you have to admit that greeneyes is right on the money with his assessment of management and the board not putting any skin in the game. If they agreed with you, and things were going to be so good going forward, why aren't they buying 5,000 or 10,000 shares each and showing us that they really believe in their own abilities?

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    Thanks for actually engaging.
    The A-10 program has been around a long time. I do not think the actual costs have changed. The zero margin business does decrease the overall margins.
    My understanding is that if the program is extended, the further sales will be at expanded margins.
    Most of the programs are old and the margins were set at the onset.
    I do not see any evidence new contracts are at lowered margins.
    I believe the company is projecting expanded margins in H2 of this year. We shall see.

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    Ok, first of all, I didn't call you the CFO. And you're right, you're entitled to answers. Both are actually simple to respond to.

    Check the company's gross margin for the last three years or so, and if you want, go out even further. Consistently coming down. Now, remembering that it's gross margin, and not net, it directly points to the programs themselves being less and less profitable. It really can't even be argued. If your gross margin is going down, the programs are being executed upon at a lower profitability. Period.

    As far as the A-10, you are correct in that CPI couldn't affect the USG's decision on the A-10. But look deeper. They wrote off the entire program last year. Took a massive loss on it, and are producing items now at a zero profit margin, as per their corporate filings. So they're saying that they over bid it to begin with, needed to fix that, and are now building the parts, in essence, for free. And with a zero gross margin, it doesn't absorb any operating costs, so therefore is actually a drain on the company. That comes from an inability to build the parts at a profit prior to writing them off, and then having to continue to deliver, even though you aren't making one cent on them.

    But both were fair questions. I hope you think these were fair answers.

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    So I asked a few questions and rather than answering them you bozos accuse me of being the CFO.
    Guess the questions were too hard for you.

  • And least we not forget the overall market and the aerospace sector in particular are up very strong today. For the past 6 years since the market bottom everyone is making money hand over fist. Only CPI has lost value and has gone the opposite way in the greatest bull market with aerospace as one of the leaders.

    Sentiment: Strong Sell

  • before it goes below $10.

    Once again I have been 100% correct about CPI. But forget my opinion or Mister Thumbs Down. The only voice that really matters to investors is that of the Street. Apparently Wall Street viewed this pathetic announcement in the same vein.

    Always remember Management and the B.O.D. unloaded all the shares on the very same day at $12. And nary a one will buy a single share at $10 so why should any of you be expected to.

    Sayanora

    Sentiment: Strong Sell

  • What's your problem with this company? You are not short or long the stock, so why are wasting yur time on this board. I shorted the company once over 14 and have long since covered. It's a sleepy little company that is not worth my time to follow anymore, although I do look back once in awhile. But Greeny it sounds like you have a real personal problem. Get a life, and good investing.

  • 400 shares traded on the news, almost equal to the thumbs down....
    hahahahaha....heheheheheeheeeheee...
    joke, lying weasels. Incompetent trash!

    Sentiment: Strong Sell

  • Hey nice of you to expend $42.....LMAO
    What a fraud.
    The ever comical demise of CPI

    Sentiment: Strong Sell

  • Way too funny. Read the announcement the 10. whatever million dollar contract value includes IF Lockheed exercises an option for an additional three years of miniscule margin work. Six years? Did anybody else bid on this losing order? Do you want it? No! Do you? No! Ok give it to CPI no one else will take it, but only trust them with 5 million over three years to start. Maybe they will get the other 5 million worth of business after 2020.
    LOL!!!!! Yes in the press release black and white. After all the overhead etc. CPI might have some money left over to pay their electric bill for a month.
    What a joke.

    Sentiment: Strong Sell

  • 7 Minutes 3 thumbs down all one user multiple id's.....LOL Silly sock puppet for a stock that has beern trading about 2,000 shares a day. Oh how bored are we at CPI headquarters?
    You do know how silly you look?

    Sentiment: Strong Sell

  • 5 minutes and Vince alias one gives a thumbs down to the truth. You can not hide from the truth. You can not refute anything. A silly thumbs down by a befuddled CFO suppresses not a thing.

    Sentiment: Strong Sell

  • I wonder how little margin is built in. The award goes to the dirt cheap lowest bidder.
    Anyway a nice headline to let the good ole boys dump more shares today.
    Sentiment: Strongest Sell Ever

    Sentiment: Strong Sell

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    lmao......Busted. Vince you stupid little man. You fool no one. Most of all the investment community sees right through you, dumb bell and the failing company you helped run into the ground.

    CPI margins are not shrinking? lol

    Please even with major aircraft makers in need of suppliers CPI;s name can not get a premium. Small, small contracts that nobody will bid so low for maybe. Please tell us why the stock is back down to 5 year lows?

    Please tell us why on the same day in June 2012 all of management and the B.O.D. dumped all their shares at $12? Given CPI's stock performance they where wise as three years later the stock is $10.

    Be a man and stop with the 7 or 8 aliases. Karma will get you.

    Sentiment: Strong Sell

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    Wow I just saw your post to the other guys and you got a thumbs up in 4 minutes. Coincidence?
    Me thinks you have sock puppet you phony.
    Now back to real stocks for me as this company is awful.
    Margins huh. They have to give away work to win a contract they are so pitiful.
    Thanks for the humor. You can get thumbs up faster than shares trade of this stock. Way too funny, clown.

    Sentiment: Strong Sell

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    Where did you get the idea that the current contracts are lower margin than older ones?
    How did you expect CPI management to affect the US Government's decision to discontinue the A-10 program?

  • This is one funky, confused stock. I had predicted it would be back to $10 by Labor Day, but this reversal so quickly has me a bit confused. Today it defied all logic by going back down 6.5%, but with only 3K shares volume. So now it is back to it's historical floor, where it usually bounces back quickly from. But I don't like the double dip all in the past week. And usually it won't fall so much on low volume. Back to supply and demand, this only tells me there are no buyers at any price if this stock can't take 3K volume without diving like this.

    Anyhow, to answer greeneyes, my $11.50 high point target is based upon a PE of approximately 13. I'm sure we can debate if that is too generous, but the S&P 500 ave PE is 20, and while this company is a dog and maybe not deserving even of a valuation that is 2/3 of market, all stock asset prices are inflated these days by the crazy policies of the Fed. And whether we like it or not, the market has told us that is the price at which CVU usually tops out.

    I'm thinking of scooping some up tomorrow if I can buy it below $10, but I can't buy a lot because even a little bit of volume affects this stock price. Anyhow, buying this stock is like gambling, but like betting on football, at least it keeps you interested in the game.

    Ok - go ahead - thumbs down y'all.

    Sentiment: Sell

  • Reply to

    Greeneyes

    by curiousinvestor123 May 26, 2015 2:23 PM

    Still no answers to polite reasonable questions raised by Curious. Hmmm

    Sentiment: Strong Sell

  • Reply to

    bamaboy 787

    by curiousinvestor123 Jun 29, 2015 12:40 PM

    (Continued) a more qualified person with a strong background on the operational/logistics side of the business as COO rather than take a glorified salesman from a microscopic company with miniscule sales, Frisby. Really? What skill set and experience did he have to "deliver the goods". Now with Mr. Fred's departure the disengaged B.O.D. appoints Doug as CEO? He was so in over his head as COO how can have been anything other than a placeholder (interim CEO) until a qualified candidate was found.
    The mismanagement of the A10, the burn through cash, their suppliers treating them as irrelevant all rests with Doug as do many other issues. Now I will take my 7 thumbs down from a overly bored CPI employee.
    I actually find it quite comical. A while back all I posted was an article by an analyst to avoid this stock. I didn't write it but a well known analyst's firm published the article with their reasons. Bam thumbs down galore for reposting an article in the public domain by The Street? But a logical retort, which if there truly is one never was posted. I am bashing? Reposting public sentiment. Correct about the stock price for years. And all they can do is give thumbs down, fail miserably as a company and twist words in their presentations which nobody is buying, IF THEY BELIEVED THEIR OWN WORDS WHY DO THEY NEVER BUY ANY STOCK IN THIS COMPANY? AND WHY DO THEY CONSTANTLY SELL THE SHARES THEY ARE AWARDED?

    Would you invest in a company that the management will NOT invest in?

    I am still waiting to see anyone answer CuriousInvestor's questions from about a month ago. The silence is deafening. LOL

    Have a good day to the three or 4 posters here and the 7 aliases,

    Sentiment: Strong Sell

Must Watch
CVU
10.101+0.081(+0.81%)Jul 2 4:00 PMEDT