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  1. Home
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  6. Air Industries Group (AIRI)

  7. Air Industries Group (AIRI) News

Air Industries Group

Air Industries Group (AIRI)

AMEX
5.1927
-0.51
(-8.90%)
Closed April 18 4:00PM
Delayed by 15 minutes
5.1927
0.00
( 0.00% )
Pre Market: 4:05AM
Delayed by 15 minutes

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AIRI News

Official News Only

Form 8-K - Current report
Edgar (US Regulatory)
January 23 2024
AIRI (-8.90%)

Form 4 - Statement of changes in beneficial ownership of securities
Edgar (US Regulatory)
January 10 2024
AIRI (-8.90%)

Form 4 - Statement of changes in beneficial ownership of securities
Edgar (US Regulatory)
January 10 2024
AIRI (-8.90%)

Form 4 - Statement of changes in beneficial ownership of securities
Edgar (US Regulatory)
January 10 2024
AIRI (-8.90%)

Form 8-K - Current report
Edgar (US Regulatory)
January 03 2024
AIRI (-8.90%)

Form S-8 - Securities to be offered to employees in employee benefit plans
Edgar (US Regulatory)
December 13 2023
AIRI (-8.90%)

Form 10-Q - Quarterly report [Sections 13 or 15(d)]
Edgar (US Regulatory)
December 06 2023
AIRI (-8.90%)

Form 8-K - Current report
Edgar (US Regulatory)
November 29 2023
AIRI (-8.90%)

AIRI Discussion

View Posts
gladeshawk gladeshawk 2 days ago
AIRI>>>Hit new recovery high today. Looking for $20. Maybe higher. HAWK
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gladeshawk gladeshawk 4 days ago
I agree. One good PR and we could soar to $10. IMHO of course.
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Hasy1 Hasy1 5 days ago
Poised for a breakout especially in light of the Middle East conflict heating up. Cup and handle being formed. Many mentions in investment community of defense and oil stocks climbing tomorrow. Good luck to all.
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Hasy1 Hasy1 2 weeks ago
This is not a stock to trade. It is a stock to buy and hold until the company gets acquired or some big event occurs.

Of course, very bad news and u can’t get out.

This is almost like a family business of the Taglich brothers.
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Hasy1 Hasy1 2 weeks ago
$AIRI From the earnings report: "Cash flow from operating activities reached $4,862,000 in 2023." Also from the earnings report: "Interest expense 1,920,000." In other words, except for capital expenses--of which Melluzzo said their will be zero or near it in 2024--they were cash flow positive to the tune of almost $3 million in 2023.

So maybe they can get through 2024 and beyond without having to dilute by selling stock.

I'm really stoked! Gonna keep buying.
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gladeshawk gladeshawk 2 weeks ago
The future is looking bright. PPS should rise accordingly
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gladeshawk gladeshawk 3 weeks ago
One more thing. I heard insiders have been buying with their own money. Not just taking options. AND no one has sold one share. Sure hope that is true. Just a FYI.
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gladeshawk gladeshawk 3 weeks ago
Expect a PR today or tomorrow. Numbers and CC Monday or Tuesday. Early in the week numbers is usually a good sign. TWT.
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gladeshawk gladeshawk 3 weeks ago
I can not remember AIRI being this late with 4th qtr and annual numbers. I am going to try to call the company.
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gladeshawk gladeshawk 2 months ago
Finally got a pullback/correction. Hit middle Keltner band and bounced. Picked this up from another site. Also, nice volume increase. Hopefully the next move up starts sometime next week. We shall see. HAWK
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gladeshawk gladeshawk 2 months ago
Thought there might be some selling at lower prices. Not happening. Going much, MUCH higher by year end. $20??
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Hasy1 Hasy1 2 months ago
https://stocktwits.com/Landsman/message/562482838
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Hasy1 Hasy1 2 months ago
Landsman Feb. 15 at 1:01 PM
$AIRI Suppose this does $25m in sales in, say, Q4 this year. That would not be too surprising because it is doing $14m or so now, before the new relationships fully blossom and before the new machinery is fully utilized. $25m p/q=$100m annualized. $100m x 3 [a very reasonable multiple] = $300m market cap. $300m divided by 3.3m shares outstanding=$91 per share. Works for me. ·
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gladeshawk gladeshawk 2 months ago
I have my bids in every day.
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Hasy1 Hasy1 2 months ago
Low volume day. Watch for pullback unless news released. Very low float as you know. Holding for the eventual buyout.
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gladeshawk gladeshawk 2 months ago
If supply chain issues are resolved earnings should be much improved this year. PPS will continue to rise. $12-$15 or higher this year.
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Hasy1 Hasy1 2 months ago
Done buying for now. Long 160,000 shares at $3.02 average. Backlog is $78 million over 18 months. Target of $20.00.
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gladeshawk gladeshawk 2 months ago
I've been bidding on shares. Picked up a few.
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Hasy1 Hasy1 2 months ago
https://www.tradingview.com/symbols/AMEX-AIRI/technicals/
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glenn1919 glenn1919 2 months ago
AIRI....................................https://stockcharts.com/h-sc/ui?s=AIRI&p=W&b=5&g=0&id=p86431144783
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Pat Pat 2 months ago
"American Bulls now has AIRI as a buy."

Give it a week. They'll have it back to a sell if history is any indicator.
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Hasy1 Hasy1 2 months ago
American Bulls now has AIRI as a buy. Going much higher and way undervalued with initial target of $12.00.
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glenn1919 glenn1919 3 months ago
AIRI................................https://stockcharts.com/h-sc/ui?s=AIRI&p=W&b=5&g=0&id=p86431144783
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Hasy1 Hasy1 3 months ago
https://stocktwits.com/Landsman/message/558900321
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Hasy1 Hasy1 3 months ago
Should add that this is way undervalued still what with all of the contracts and contracts in process. Former CFO working to advance the business by way of procuring new contracts and possible mergers. Target $12 to $15 with takeover value north of $25.00
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gladeshawk gladeshawk 3 months ago
I should have added "patience required".
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Hasy1 Hasy1 3 months ago
I do realize that but if you don’t think ahead in this market you will fall behind. Bought mega preferred stocks ahead of the interest rate drops coming whether it be in March or this summer. Long Mega AIRI. Whether the buyout be in 2024 or 2025.
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gladeshawk gladeshawk 3 months ago
It takes 4-6 months for the contracts to filter down to the sub contractors.
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Hasy1 Hasy1 3 months ago
Huge Navy submarine contracts for DRS and GD. Three billion dollars announced today. Should trickle down to AIRI to some degree.
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Hasy1 Hasy1 4 months ago
Golden Star today showing it is in a longer term upward move.
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Hasy1 Hasy1 4 months ago
American Bulls is Buy today.
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Hasy1 Hasy1 4 months ago
Volume increasing past couple of weeks. Volume first, then price.
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gladeshawk gladeshawk 4 months ago
As things improve look for more efforts to acquire more companies. "Strategic growth". More Navy/Sub work coming. Looking much better now. HAWK
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Hasy1 Hasy1 4 months ago
American Bulls now has AIRI as a BUY. Onward and upward from here.
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Hasy1 Hasy1 4 months ago
The person that has attacked AIRI for several years after making $200 grand is at it again. He is probably a AIRI short and is invested in casinos and gambling that Attacking management as not competent, when in reality they had a lot of unforeseen problems to deal with like Covid, material shortages, etc. .
Now that they have dealt with them and shortages are behind them they should have real earnings going forward. Locked and loaded for first quarters numbers.
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gladeshawk gladeshawk 4 months ago
Chart showing a "possible drop to support area $2.80 or so. "IF" so, I'll add more. I'm already too heavily weighted in AIRI. I would say a move to $4.00 or more with new contract(s). Now that supply chain issues are solved Q1 should be really good. TWT. HAWK
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Hasy1 Hasy1 4 months ago
Although low volume buyers are starting to recognize the true value of the company. They only need to announce new contracts and we should go to $3.50.
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Pat Pat 4 months ago
"Their opinion changes with the weather from day to day."

Mine too!
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Hasy1 Hasy1 4 months ago
Their opinion changes with the weather from day to day
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Pat Pat 4 months ago
Americanbulls is now short AIRI.


Pat
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Hasy1 Hasy1 4 months ago
We experienced increasing traction of our growth strategy for Sterling Engineering in Connecticut. Sterling had a noteworthy quarter, achieving sales that broke through the $2 million level for the first time in many years.

Sterling's increasing sales, favorable product mix and higher volume and better cost absorption continue to contribute to its strong and improving profitability. As I discussed on the past calls, our strategy for Sterling is to expand its sales, especially through long-term agreements, modernize its plan and invest in critical new equipment, providing unique capabilities and differentiate it in the marketplace.

Towards that end, in partnership with a major customer, we secured flash welding equipment to support the welding of the arresting gear for the US Navy's E-2D aircraft program. Air Industries is now the sole provider of this process used to manufacture mission-critical product and expanding our portfolio of special processes.

We also now have a fully functional and producing paint shop have added a new large format bridge mill to support our expanding helicopter business and acquired a new CMM, a coordinate measuring machine to bolster our capabilities in final inspection.

Also at Sterling this year, we have installed a new roof and the installation of solar panels is underway. Company-wide, the current tenor of business is exciting and has only increased our enthusiasm for the future.

Air Industries increased business development activity has resulted in a notable increase in our quoting activity and bookings. On a trailing three-month basis, bookings of new business have doubled over $6 million a month compared to December 31st of 2022.

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Hasy1 Hasy1 4 months ago
Conference call was filled with many references to ongoing advancements in technology and business. Next quarter more sales and contracts. Many advances in the Connecticut business model.
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Hasy1 Hasy1 4 months ago
Anyone hear the conference call?
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Hasy1 Hasy1 4 months ago
Hopefully we will see a bump in PPS. Own many shares and it would be nice to see some growth. It may take a while for improvements to be recognized.
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gladeshawk gladeshawk 4 months ago
Numbers out. Exactly as expected. No surprises. Supply chain improved.
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Hasy1 Hasy1 4 months ago
https://www.investing.com/equities/air-industries-group-technical
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gladeshawk gladeshawk 4 months ago
Today's american bulls recommend was BUY for AIRI There was an additional comment below the chart that said this was a "bullish squeeze alert". Just a fyi for anyone interested. HAWK
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gladeshawk gladeshawk 4 months ago
Now showing 12/12 for numbers. I get nervous when they are this late. Maybe just due to new CFO. Also, from a friend, americanbulls has put out a buy on AIRI.
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gladeshawk gladeshawk 5 months ago
TDAmereitrade now shows 12/5 for numbers
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gladeshawk gladeshawk 5 months ago
Numbers should be out by end of week.
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