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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 lavender1on Nov 16, 2017 11:33pm
134 Views
Post# 26981586

RE:Alex Ruus on Flyht

RE:Alex Ruus on Flyht Might it be terribly unkind to remind some of you that Mr. Ruus has been promising a lot for a long time!! As far back as 2008 when the stock was the equivalent of some $11.00 per share he had a ''BUY'' rating on it and offered the comment that ''over the next 3 to 5 years the ramp up in free cash flow will be tremendous''. So far he has been consistently wrong in his numerous reflections on the Company over almost 10 years..at which point might he question his own judgement....or does the fact that he's stuck with a lot of paper jaundice his outlook?? He notes casually that in the 3rd quarter the Company was not profitable...causing ''softness'' !! Small point, but equally relevant, might be the reality that the Company was even more unprofitable in the 2nd quarter. Many folks won't know the history...many others won't care....but it would appear that he's missing or disregarding something in his overview. Ironically, many of you here view his endorsement as meaningful...certainly your choice...your privilege...but it won't carry the day!!
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