Trading Summary - April 17. A more than satisfa
Post# of 2306
A more than satisfactory status quo day and loading opportunity day for $TMPS while we still await updates on the USN 2020 MAC + additional USAF solicitation for bids on a separate contract in June 2020.
As usual, various traders were outbidding each other in depth - only able to buy small amounts from paintdowns.
Overall, 4.073 shares were bought today at prices as follows:
.2400: 1,000
.2200: 250
.2175: 2,823
Compared to April 16:
.2300: 100
.2200: 9,827
.2100: 500
.2000: 4,500
.1941: 200 [bought from paint down - none after 09:53:25]
.1851: 500 [bought from paint down - none after 09:52:11]
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 latest update at the new (from Nov 2019) Government website beta.SAM.gov shows is 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 2020.
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 [search for reference CAS_AAR_RFI]:
https://beta.sam.gov
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.
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.
30% of the US TRANSCOM requirement is for "hose-and-drogue" - the type $TMPS can provide.
On March 3, 2020, the USAF briefed the aerospace specialist press about the outcome of the 2nd Industry Day for USAF requirements. This then led to the following articles being written.
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 "hose and drogue" 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 future. This means existing owners of tankers - like $TMPS - have the immediate advantage.
A further article in Flight Global on March 27 confirmed that solicitation of bids would now be as early as June 2020 and that F/A-18 receivers were a priority at IOC within 1 year - which require the "hose and drogue" method.
Progress of the US TRANSCOM / USAF AMC contract opportunity / review staffing that is releasable to the public can be viewed here: [search for referenceTRANSCOM18R013]:
https://beta.sam.gov
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.