Posted On: 09/06/2016 12:15:49 PM
Post# of 22940
gekko - thank you.
"I don't know mag , seemed like reasonable questions .. It is always next year....why aren't there prs? Why is the volume so low with a .01 target by years end ?? All questions that need to be answered .. I am as long and strong as they come but all good questions .."
it isnt about being a Grinch - it is about responsive mgmt/IR to investor concerns. i have had several try to kneecap legitimate questions/concerns (including IR) but there is rarely any constructive debate/feedback.
mag - no i have not started nor ever intend to start an aerospace company - it isnt my expertise but i do have a lot of expertise in bearings in general. further - what does oil and gold contracts, grain commodities, or complex day trading mechanisms have to do with aerospace...? while i agree with the short term financial position/attractiveness of SLAs vs direct mfg - the long term goal should still be mfg. if not - the company becomes a glorified administrator/distributor. investors usually do not front big money for those that do not make the widgets as those that do - tend to control their own destiny.
that is all besides the point (relative to my post). when is the company going to open up all the good news to the investment world at large? more importantly for the sake of this salient point - WHAT is the rationale for NOT doing it? i presented the one positive that the company previously shared about providing a nod to current shareholders. that is respectable and commendable. when does it end?
attacking me or trying to de-legitimize the questions/posts only reinforces others' comments on cheerleading or being blinded by the positive. right now there is a major, major disconnect with PPS and opportunity and apparently - signed agreements. further, there have been numerous comments by those on this board how they cant wait for funds to clear, will be loading the boat, etc and the volume and price does not support their enthusiasm. if they ARE buying, they are either too small to make a dent and/or there are those selling that dont believe more than the buyers do believe.
i have the "luxury" of purchasing a majority of my shares in the $0.0003-0.0004 realm. i added significantly throughout 2015 and into 2016. i stopped adding aggressively when the company did an about face with the reconstruction and then VNDM started dumping consistently (and still is though not as aggressive or predictable). in the meantime - OS has almost doubled from what Bill stated not to mention the goal of 1BB or under.
now - IR (James) has said they want to get that down to @ 400MM which would be incredible but i just dont see how that is possible W/o a R/s if they are serious about their $0.01 and $0.05 PPS. they wouldnt have the cash flow/earnings to do that until late this year at the earliest when the PPS is supposed to be at $0.01. that would take $30MM to get it to that level at that price and that is assuming there was NO price appreciation during the aggressive buyback. using a simple gradient - avg PPS realistically between 0.01 and 0.05 (i am assuming final 0.05 PPS target provided was assuming stock was being bought back and essentially supply being removed from market place) would put average PPS for buyback around $0.0223 to 0.0318. now the company would have to use $60MM+ to buyback 3BB shares. how does that add up? at $0.05 with NO buyback the market cap is $175MM on around 3.5BB shares. on non manufacturing revenue - they probably get maybe 5 P/s max as a multiple. assuming they get $13.5MM from BTL, $1MM from other SLA, and say $10MM from all other sources for 2017 - that is $24.5MM which is around $120MM market cap on 5x P/s. while that would be good enough for $0.025/share (which certainly no one on the board i imagine would complain about) - it doesnt add up to their $0.05 PPS target. i have yet to see how they are justifying putting a PPS target out there WITHOUT doing anything to affect supply/demand with stock.
back to the main point of previous post - what is the rationale for not putting out a comprehensive PR NOW stating the strength of the emerged company post reconstruction and telling the market they expect to be going from a $0 company in 2015 to $300K-1MM in 2016, and $24.5MM company in 2017 based on current, signed agreements? (or stay at the $14.5MM for the two current SLAs).
dont call me a grinch or a party pooper. help me understand the rationale for NOT telling the investment world about this incredible opportunity that will increase demand for the stock, shrink supply, and provide the company significant price leverage to do deals/arrange financing (and ultimately get off OTC) sooner than later?
finally - dont fall back on the "sell your shares and move on." that is counterproductive for ALL longs. first - if you or the other few longs arent buying now at 14-15 with all the opportunity ahead - you wont have the money to buy at 4-5 when it tanks when i sell (and the other traders due to resulting supply imbalance). further, if i get out early and it starts a sell off - it just encourages me to become a short term trader and buy after the carnage and then play the cycles. again - does no good for current longs or the company so that is a dead end argument akin to playing the race card in politics.
"I don't know mag , seemed like reasonable questions .. It is always next year....why aren't there prs? Why is the volume so low with a .01 target by years end ?? All questions that need to be answered .. I am as long and strong as they come but all good questions .."
it isnt about being a Grinch - it is about responsive mgmt/IR to investor concerns. i have had several try to kneecap legitimate questions/concerns (including IR) but there is rarely any constructive debate/feedback.
mag - no i have not started nor ever intend to start an aerospace company - it isnt my expertise but i do have a lot of expertise in bearings in general. further - what does oil and gold contracts, grain commodities, or complex day trading mechanisms have to do with aerospace...? while i agree with the short term financial position/attractiveness of SLAs vs direct mfg - the long term goal should still be mfg. if not - the company becomes a glorified administrator/distributor. investors usually do not front big money for those that do not make the widgets as those that do - tend to control their own destiny.
that is all besides the point (relative to my post). when is the company going to open up all the good news to the investment world at large? more importantly for the sake of this salient point - WHAT is the rationale for NOT doing it? i presented the one positive that the company previously shared about providing a nod to current shareholders. that is respectable and commendable. when does it end?
attacking me or trying to de-legitimize the questions/posts only reinforces others' comments on cheerleading or being blinded by the positive. right now there is a major, major disconnect with PPS and opportunity and apparently - signed agreements. further, there have been numerous comments by those on this board how they cant wait for funds to clear, will be loading the boat, etc and the volume and price does not support their enthusiasm. if they ARE buying, they are either too small to make a dent and/or there are those selling that dont believe more than the buyers do believe.
i have the "luxury" of purchasing a majority of my shares in the $0.0003-0.0004 realm. i added significantly throughout 2015 and into 2016. i stopped adding aggressively when the company did an about face with the reconstruction and then VNDM started dumping consistently (and still is though not as aggressive or predictable). in the meantime - OS has almost doubled from what Bill stated not to mention the goal of 1BB or under.
now - IR (James) has said they want to get that down to @ 400MM which would be incredible but i just dont see how that is possible W/o a R/s if they are serious about their $0.01 and $0.05 PPS. they wouldnt have the cash flow/earnings to do that until late this year at the earliest when the PPS is supposed to be at $0.01. that would take $30MM to get it to that level at that price and that is assuming there was NO price appreciation during the aggressive buyback. using a simple gradient - avg PPS realistically between 0.01 and 0.05 (i am assuming final 0.05 PPS target provided was assuming stock was being bought back and essentially supply being removed from market place) would put average PPS for buyback around $0.0223 to 0.0318. now the company would have to use $60MM+ to buyback 3BB shares. how does that add up? at $0.05 with NO buyback the market cap is $175MM on around 3.5BB shares. on non manufacturing revenue - they probably get maybe 5 P/s max as a multiple. assuming they get $13.5MM from BTL, $1MM from other SLA, and say $10MM from all other sources for 2017 - that is $24.5MM which is around $120MM market cap on 5x P/s. while that would be good enough for $0.025/share (which certainly no one on the board i imagine would complain about) - it doesnt add up to their $0.05 PPS target. i have yet to see how they are justifying putting a PPS target out there WITHOUT doing anything to affect supply/demand with stock.
back to the main point of previous post - what is the rationale for not putting out a comprehensive PR NOW stating the strength of the emerged company post reconstruction and telling the market they expect to be going from a $0 company in 2015 to $300K-1MM in 2016, and $24.5MM company in 2017 based on current, signed agreements? (or stay at the $14.5MM for the two current SLAs).
dont call me a grinch or a party pooper. help me understand the rationale for NOT telling the investment world about this incredible opportunity that will increase demand for the stock, shrink supply, and provide the company significant price leverage to do deals/arrange financing (and ultimately get off OTC) sooner than later?
finally - dont fall back on the "sell your shares and move on." that is counterproductive for ALL longs. first - if you or the other few longs arent buying now at 14-15 with all the opportunity ahead - you wont have the money to buy at 4-5 when it tanks when i sell (and the other traders due to resulting supply imbalance). further, if i get out early and it starts a sell off - it just encourages me to become a short term trader and buy after the carnage and then play the cycles. again - does no good for current longs or the company so that is a dead end argument akin to playing the race card in politics.
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