Trading Summary - March 27. Another more than s
Post# of 2306
Another more than satisfactory and loading opportunity day for $TMPS - with more upward progress - as the clock keeps running down on letting the contract for the 2020 MAC + recent USAF developments becoming public.
In addition, an article in Air Force Times on March 26 confirmed that US TRANSCOM / USAF Air Mobility Command was now proceeding to contract out part of the USAF tasks for both "flying boom" and "drogue and probe" methods.
Also, USAF tankers planned to be retired in FY21 may now be kept in the active inventory - which means they will not be available to be sold / passed on to contractors in the near time. This means existing owners of tankers - like $TMPS - have the immediate advantage.
As usual, various traders were outbidding each other in depth - at visible levels up to .2350 and invisible levels up to .2397.
With it being obvious that the majority of cheap shares below .3900 are held by the long-term followers for a reason, ask hits took out everything up to .2660 which was started.
Closed at .2660 - up another 20%.
Overall, 26,310 shares were bought today - at prices as follows:
.2660: 600
.2537: 500
.2400: 6,866
.2310 / .2333 / .2395 / .2397: 5,944
.2300: 5,500
.2205: 2,400
.2200: 4,500 [non after 11:45:42]
Compared to March 26:
27,275 shares were bought - at prices as follows:
.2400: 3,201 [new recent high]
.2300: 150
.2206 / .2213: 2,950
.2200: 11,000 [invisible bidder above visible bidders at .2170 / .2160 / .2150]
.2149 / .2150: 9,974 [none after 09:56:22]
Compared to March 25:
18,053 shares were bought at prices as follows:
.2149 / .2150: 12,313 [new recent high]
.2100: 100 [paint down at close]
.2028: 2,000 [failed paint down attempt - hidden bid fill]
.2000: 2,200
.19745 > .1975: 600 [2 x failed paint down attempt]
.1930 > .1940: 840 [3 x failed paint down attempt]
Compared to March 24:
.2000: 15,500
.1900: 2,000
.1948: 4,550
.1910: 2,500
.1800: 2,000 [none after 10:08:34]
Compared to March 23:
.1900: 4,500
.1805: 4,000
Very little is being offered under .7500.
The Industry Day for a potential 2020 CAS AAR MAC to replace the extant contract awarded to $TMPS (but larger, multi-company and for twice as long) was held on September 12, 2019.
The new (from Nov 2019) Government website beta.SAM.gov shows that it is still the USN's intent to award a Multi (company) Award Contract (presumed to be $TMPS + Omega as the only companies in the field available in the timescale) for AAR in DoD 2020 Q2 (which ends March 31, 2020).
Keep an eye out for developments on the future contract to be awarded by March 31, 2020 if in DoD FY Q2 as originally planned.
Companies interested in being considered for inclusion in the 2020 MAC were required to provide inputs to the USN by January 8, 2020.
The deadline for those companies interested in being considered as part of the 2020 MAC to provide information requested by the USN - and / or to comment on the Draft Request For Proposals (from the USN to interested companies for them to bid against) - has now expired.
Progress of the 2020 MAC staffing that is releasable to the public can be viewed here [reference CAS_AAR_RFI]:
https://beta.sam.gov/opp/db6fb963242c46a4b242...lues=false
US TRANSCOM is now in agreement with the USAF that contracted out AAR should be considered to alleviate the shortfall in availability caused by the numerous, long delays to the KC-46A tanker program and has already held an Industry Day which was attended by 14 interested companies.
30% of the US TRANSCOM requirement is for "probe-and-drogue" - the type $TMPS can provide.
Some of these were manufacturers for new build aircraft (eg Airbus) and some may be operators of Red Air aggressor fighter aircraft considering buying ex-military tankers to expand their operation - Omega and $TMPS remain the only US companies currently owning military tanker fleets.
A 2nd Industry Day for the US TRANSOM contract opportunity was held on December 17, 2019.
Progress of the US TRANSCOM / USAF AMC contract opportunity / review staffing that is releasable to the public can be viewed here: [referenceTRANSCOM18R013]:
https://beta.sam.gov/opp/fb4c98b5704e47c7a034...40652/view
Latest information available on the progress of USAF intent for contracted out tankers is here:
https://www.airforcemag.com/private-tankers-c...for-booms/
The next thing we may see is an update at the Federal government website showing the actual final version RFP - or if information on the RFP not being released to the public - an announcement of the contract on the DoD Contracts website.
Announcements of DoD contracts are posted Mon-Fri after 1700 hours EST and this may happen before any update at beat.sam.gov - check here:
https://www.defense.gov/Newsroom/Contracts/
Also watch for any developments in the UK with wholly owned subsidiary Tristar Air UK Ltd and / or work on the Tristars.
Warning ! Anyone who is seen posting nonsense on iHub on any on the thinly traded stocks I'm a shareholder in - especially when small paint downs are also seen along with undercut asks - can expect to have their user ID passed to the SEC which has now started to take action against those using the exact modus operandi I have detected and commented on for the past 2 years:
https://www.sec.gov/news/press-release/2019-216
Tempus Applied Solutions Holdings, Inc. (TMPS) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.