AIRT finally filed on the 90th day following fiscal year close (March 31). Loss of $0.46 per share for Q4.
Big loss at DLPX. The AIRT leasing division is now leasing the new ink jet printers (and one that is used, and takenover). Admin fee from FedEx is now fixed, and will pressure margins going forward on contract extension.
The recent move to a 52-week high of $9.37 could be the result of new investor(s) recognizing the undervalued situation here. I believe we are seeing the early part of an improving trend in fundamental results for SVT. If the problems in the knife division could be remedied, this stock should trade at a P/E of over 15 and at above book value. The servo business is solid, and is growing nicely.
blu... If AIRT is classified as a "non-accelerated filer" (which I believe it is), then it has 90 days following the close of its fiscal year (March 31) to file its 10-K (until June 29). This year, the filing is delayed from the dates in prior years.