US Government Broke and badly in debt and negative interest rates about to be employed.
ASEI with $87 million in cash and NO DEBT. ASEI about to enter a growth phase of the business cycle for the industry they operate in. Management has right sized the company and continues along those line.
The US government is paying $1 million a minute in interest.*
Hmm...............where do I put my investment money?
*ASEI's net naked enterprise value now at 90 minutes worth of US interest payments.
How come no one is bidding? I don't see a lineup to buy Asei.
The stock is completely oversold on a net naked enterprise basis................just do the math.
The entire company can be bought for $75 million this morning.
Orders for ASEI shares coming in by the second. Please, please, sell me your shares, allow me to cover, sell me your shares that are yielding 8.25% this morning!
Are hunting with few, if any willing sellers at this level.
Watch out for the evil hedge funds and the games they play with your money.....
They should cut the diviidend to 10 cents a quarter until earnings stabalize.
And did not the CFO state that the company has identified another $6 million in savings. Well, with only 7.2 million shares outstanding that is $.85 per share. ASEI currently has $87 million in cash.
there was no reason for ASEI to lose 30% of its value in 3 sessions. the dividend has been approved and is paying 8.25%. ASEI, once you back out the cash, is selling for $75 million this morning. Does that seem accurate?
The market maker needs to be dragged through the streets of Manhattan.
The only people concerned are the silly investors. With the cash at hand is it really a issue. Remember this is order season and terrorism is a hot issue globally
Feb 8th, 9th, & 10th the company has lost 30% of its entire value. It is coming up as oversold by every metric
Management must be looking inward and wondering what avenue next. The stock is 87% owned by institutions which have just taken a bath. Really wondering when and at what level they move in to protect the stock.