With the emphasis on securing special events and public meetings and parking garages ASEI's new product
brings superior viewing and the ability to break down and move device
This should be a successful product with a wide range of buyers worldwide.
One of a half dozen NEW products developed and introduced in the past year by ASEI management.
The CBP has already ordered some Mini-Z hand held units. The new products coincide with the "refresh cycle" that our CEO spoke of.
ASEI is very much undervalued at this time. Enjoy the 8.50% dividend, and watch as the stock ascends above $50 per share in 2016.........
Dividend is a joke when the company isn't making the money to sustain it. But hey, where are all the insiders in buying this cheap stock, maybe becuase they don't see an earnings turn around in the near future.
Except for the free cash flow that remains to diminish your #.
What is the per share profitability on $15 million when you only have 7.2 million shares outstanding.
Call be naive, but I actually believe a growth phase is about to hit ASEI.
I can see the use of this in border crossing and getting into military posts. Looks like you drive through as it scans. I wonder if it has a radiation detection system intergraded into it?
At close to 9%, with $87 million and no debt, this is gifting to loyal followers of the stock.
14 days from now the short sellers get to pay...............buy some shares.
It is time for a letter to the BOD, the CEO, and the CFO. I will ask them to continue paying the divdend for another year or two while the next growth phase unfolds.
I will ask them to make sure any acquisition will need to be immediately beneficial to the P/L. If not, walk away..........
This stock exists solely for the ASEI market maker who slammed it down this morning.
Sequester, competition, and foreign governments cautious profile have not helped. But the backlog is up, the balance sheet is strong, and a new growth phase is about to begin with ASEI's 6 new products. ASEI's entire business is now valued at $80 million? In a market where there is little value left, ASEI stands out as a winner. Now, let management and the new CFO perform.
Thanks for commenting John Charles..........
I agree a hit was placed by a Hedge Fund. Classic 30% take down on missed earnings .However the new management team has yet to produce anything substantial . Ah the days of wine and roses with Anthony and Ken
One is backed by a bankrupt government which will soon allow the banks to keep part of your savings in their institution, versus ASEI's dividend wherein Yahoo now shows a 8.45% rate of return from the company with $87 million in cash and no DEBT.
March 2nd dividend date? Do you think the stock will be higher then it is today? Or will it trade down, and the dividend yield approach 10% to 12%? This is what happens when hedge fund short selling swine enter the fray.
ASEI: Strong Buy
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.