Then we can watch the dividend go bye bye. No way they will continue to pay a 2.00 dividend. And I doubt if it will be cut it will just be eliminated. Asei is in deep trouble much more we will ever know. Poor management killed this once very good company that at one time was ripe for a takeover.
Doesn't do us shareholders one bit of good when the company is tanking like it has for several months now.
All the bomb technology in the world doesn't help when the company is run by misfits.
Try On this one: Asei supposed to have earnings of 18 cents instead has losses of 5 cents s share. Duh: see my point. Ceo change was January another tell tale sign. Enjoy the dividend as that is the last one you will see from Asei. Bankruptcy within 18 months my prediction.
Acquisition my #$%$-if anything Asei will be taken over.
8% really and how long do you really think that will last. This is the still Madoffs type people love.
You are only fooling yourself. Don't throw good money after bad. I bought Asei in 1993, yes 1993, on the advice of my broker so I am ahead price wise but have lost quite a bit of money on paper. And after the next dividend we are going to lose that as well. Do all the math you want but from here on Asei is a loser.
That institutions own 87% of Asei means individual investors can control this stock and they have several times over the years. I even reported instances like this to the sec about the manutilation on Asei. They jump in and out and at times control the stock price of Asei.
If you are surprised at 23.80 then you will be estastic when it drops to the 18-19 dollar range.
Yes I have had it since it's high of 93.00. But I bought Asei in 1993 at a price of 4.16 a share. So while I don't like what is happening I can roll with the punches. Obviously, I should have gotten out much earlier but who among us hasn't made this mistake. I like your thoughts and hope you are right.
How come no one is bidding? I don't see a lineup to buy Asei.
Yes, that new car portal is really zooming Asei upwards. May as well been no news at all. A dead stock is a dead stock and Asei is such a stock.
This stock is so bad I don't even see its officers using their options to purchase. A company run by misfits-guess Fabiano knew what he was doing when he left. If it wasn't for the dividend you would find Asei listed on the pink sheets. And who can be absolutely sure the dividend will last. I don't see Asei being touted as a "buy" even with its 8 percent dividend.
Try telling Wall Street that info-not me. I know it. Other that institutions you are probably the single highest investor owing shares.
I live in the Boston area not far from asei's plant and word is the next dividend is going to be slashed big time.
So don't be surprised when you get the news. Hate to burst your bubble or anyone else on this board. Don't forget I own Asei as well.
Didn't mean for you to go into detail- just wanted to advise you and others on this board not to expect any more 8.5% dividends. It was fun, however, while it lasted.
What are you doing selling your last 1,000 shares?
I thought you were the pr man for Asei.
Even I have some Asei shares left despite the blood bath.
This may come as a shock to you but 75 to 80% of people who invest in the
stock market do so because of dividends. When Asei eliminates their
dividend the stock will go for about 15 dollars a share.