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Aehr Test Systems Message Board

  • imanshumpertt imanshumpertt Jan 27, 2013 10:51 PM Flag

    gayn's # of shares.

    he has not stepped up in buying shares. He has 235,000 since like sept 2011. Doesn't look like he has much confidence at this time with there Backlog falling, lossing $800,000 a couple of weeks ago. I'm not trying to trash the firm but, i'm wondering how they are going to be investing in ' R@ D with no cash on their balance sheet. Their loan looks very restrictive in that when a sale is made the Bank gets the receipt of money until they are made whole. Where is there free cash, they don't have any. I'll sit on the sidelines hoping that they can turn this thing around. But, it looks like all their future products that they can sell immediately because the firms want them can't be delivered because as they said in the cc they can't, it's 9months to a yr away even though the customers are pushing for them to be delivered sooner. Aehr's response or gayn's response we can't do it any sooner. thoughts??

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    • That might mean buyout or joint venture to increase the cash levels to push things forward unless companies will kick in more upfront cash to get the product. If that happens you know the product is really in high demand. Its a wait and see but with the inventory changes this quarter I would expect for cash on the balance sheet to rise substantially.

      Sentiment: Strong Buy

      • 1 Reply to assumption88888
      • what inventory changes are happening in this quarter, in the cc they want to sell their current inventory to get it lower. But, it's old out of date or almost out of date products which they said they will try and sell, there are customers that still need this equipment according to them. The only thing is they have to find them. They could be in a situation where they have obsolete products that have to be marked down on their books which means no sales and no cash on their balance sheet. I have never liked to put inventory in as current assets. If u say quick assets u take out all of their inventory, and if u do that aehr looks like they are in trouble. Along with the other things that i have mentioned.

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