Air Industries Group (AIRI) Quote

AIRI>>>Hit new recovery high today. Looking for $20. Maybe higher. HAWK

I agree. One good PR and we could soar to $10. IMHO of course.

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.

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.

$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.

The future is looking bright. PPS should rise accordingly

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.

Expect a PR today or tomorrow. Numbers and CC Monday or Tuesday. Early in the week numbers is usually a good sign. TWT.

I can not remember AIRI being this late with 4th qtr and annual numbers. I am going to try to call the company.

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

Thought there might be some selling at lower prices. Not happening. Going much, MUCH higher by year end. $20??

https://stocktwits.com/Landsman/message/562482838

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. ·

I have my bids in every day.

Low volume day. Watch for pullback unless news released. Very low float as you know. Holding for the eventual buyout.

If supply chain issues are resolved earnings should be much improved this year. PPS will continue to rise. $12-$15 or higher this year.

Done buying for now. Long 160,000 shares at $3.02 average. Backlog is $78 million over 18 months. Target of $20.00.

I've been bidding on shares. Picked up a few.

https://www.tradingview.com/symbols/AMEX-AIRI/technicals/

AIRI....................................https://stockcharts.com/h-sc/ui?s=AIRI&p=W&b=5&g=0&id=p86431144783

"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.

American Bulls now has AIRI as a buy. Going much higher and way undervalued with initial target of $12.00.

AIRI................................https://stockcharts.com/h-sc/ui?s=AIRI&p=W&b=5&g=0&id=p86431144783

https://stocktwits.com/Landsman/message/558900321

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

I should have added "patience required".

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.

It takes 4-6 months for the contracts to filter down to the sub contractors.

Huge Navy submarine contracts for DRS and GD. Three billion dollars announced today. Should trickle down to AIRI to some degree.

Golden Star today showing it is in a longer term upward move.

American Bulls is Buy today.

Volume increasing past couple of weeks. Volume first, then price.

As things improve look for more efforts to acquire more companies. "Strategic growth". More Navy/Sub work coming. Looking much better now. HAWK

American Bulls now has AIRI as a BUY. Onward and upward from here.

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.

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

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.

"Their opinion changes with the weather from day to day."

Mine too!

Their opinion changes with the weather from day to day

Americanbulls is now short AIRI.


Pat

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.

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.

Anyone hear the conference call?

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.

Numbers out. Exactly as expected. No surprises. Supply chain improved.

https://www.investing.com/equities/air-industries-group-technical

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

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.

TDAmereitrade now shows 12/5 for numbers

Numbers should be out by end of week.