with the world the way it is I would expect a series of new announcements of additional sales in the upcoming weeks. That hopefully will stabilize the share price
Instant coffee.............the stuff is overwhelming.
Oh yeah, did you miss the last cc wherein the current CEO mentioned that a possibility of an Acquisition is maybe in the cards.
I think that, coupled with the Inspector General investigation (having already cost the company $600,000 in legal fees) which imo may center around over billing is what is keeping ASEI, which if times were different would be selling at a much higher share price, contained at this valuation. Of course, there is much speculation that the $14 million that ASEI pays out in dividends every 12 months, and its possible reduction or elimination, is also what has placed downward pressure on the issue. The lack of real profitability and the quarterly per share losses with declining revenues can be reversed once ASEI management sells some product.
Otherwise, ASEI could be a compelling value.......but the declining revenues concern me in regard to valuation.
Where did you see they are acquiring a company? I haven't seen any such news..... Are you on something?
ASEI is building a nice base here lobster rolls for lunch on me for the office .30$ will come fast and hard like spanspur boyfriend
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All day Saturday. I took the day off and we went out for Easter dinner on Sunday. Italian food, that should make you happy.
Come up with something constructive, would you...
Anyone know which company ASEI management has decided to acquire?
I hope they use the shares to trade for their new company. Save the cash for dividends.