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Aerosonic Corporation Common St Message Board

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  • texasrocksstocks texasrocksstocks Nov 12, 2011 12:23 AM Flag

    32 Million + in Orders

    If i understand their reporting periods, their 3rd quarter ended October.
    How do you think they will do in the 3rd and 4th quarter.??

    Seems to be a very under-followed gem.

    thanks in advance.

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    • sjmjsm Nov 15, 2011 7:41 PM Flag

      They have said in filings that the 2nd half of the year will be better than the 1st half and will show results/benefits of the effort and expenses incurred in the 1st half.

    • does anyone expect good Q report soon. $32m in conracts is huge. Look at EDAC moved from $3 to $13 in 1 year.

      • 1 Reply to eastr333
      • Volume today was interesting...from what I gathered from a little DD here....

        they have $0 cash, all of their operations depend on their operating cash flows and their credit line. They are not in compliance with their credit line i believe according to the 10Q but the bank has re modified terms with them. I believe they also stated in 2012 they would like to refinance.

        Their earnings were impacted from smaller sales and the move from Virginia to Florida, however the move to Florida should allow them to secure more contracts.

        The $17million in contracts they got last year is over 3 yr period of work, with options.

        Management believes there are short term issues but long term they have a great chance of growing the biz.

        I agree what do people think about upcoming earnings here?