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FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s):  FLYLF

FLYHT Aerospace Solutions Ltd. provides solutions for the aviation industry. The Company's aircraft certified hardware products include Automated Flight Information Reporting System (AFIRS), AFIRS Edge, Tropospheric Airborne Meteorological Data Reporting (TAMDAR) and FLYHT-WVSS-II. AFIRS is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). TAMDAR system is a sensor device installed on aircraft that captures temperature, atmospheric pressure, winds aloft, icing, turbulence, and relative humidity. FLYHT-WVSS-II is an externally mounted aircraft sensor that detects and reports water vapor as relative humidity. The Company's wholly owned subsidiary, CrossConsense, offers skilled services to the commercial aviation industry.


TSXV:FLY - Post by User

Comment by TO_Canuckon Dec 31, 2012 1:44pm
192 Views
Post# 20784834

RE: year end

RE: year end

Uber ,  I share your complements for Flyht this year except for one , sales revenue and as a result of that we did not reach Cash Flow Positive  this year  but  as you say  the catch 22 is  they will need more cash to finance operations to  gear up for inevitable expansion as Airbus and other orders come in. Here's my prediction  for the New Year  to get that  non dilutive financing .  Management  will either joint venture or license thier technology to get it done .Both are good vehicles to get Flyht to the next stage of evolution  as I firmly believe that the big boys Airbus, Boeing  etc really want a  supplier who will be around for the next 20 years  and Flyht may not fit the bill  for that vision. By JV or licensing Flyht may in solve that percieived  Big Boy  need and CFP all in one go. In summary  I  noticed that MorningStar  has rated Flhyt seriously undervalued  as they have pegged FLY with an  intrinsic value  in the .26 . So if the macro picture improves (fiscal cliff, Euro etc) we could be be in for a nice run in the New Year.

Happy New Year  & GLTA 

TO_Canuck

 

 

 

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