a follow up to an earlier postCF: "The share price had about tripled since August of 2013 (to March 10, 2014) for other reasons." I made this comment a few posts ago. I thought it might be helpful to list off what some of the reasons were. We are coming into a year when news may be both positive and frequent again, beginning with acquiring the STCs for the Edge on the A320 and B737 families of aircraft.
So, in three parts below...
1) the news headlines from January 1, 2013 to March 31, 2014
2) the weekly share price close from July 29, 2013 to March 31, 2014
3) the lead-in post (in italics)
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News headlines pertaining to sales, new products, certifications and approvals...
March 10, 2014 - Questions about Malaysia Airlines and FLYHT Aerospace Solutions
March 5, 2014 - FLYHT Signs New AFIRS 220 Contract with Asian Charter Airline
March 4, 2014 - FLYHT Signs New AFIRS™ 228B Contract with Middle Eastern Based Operations Group of an International Cargo Airline
January 22, 2014 - AFIRS™ 228S Delivered to L-3 Aviation Recorders on Schedule
December 3, 2013 - AFIRS™ Selected by Datang Mobile Aviation Group for ARJ21 OEM Install
November 25, 2013 - FLYHT Welcomes the Dragon™ to Family of Products
November 12, 2013 - FLYHT Signs New AFIRS Contract With First South American Customer
November 7, 2013 - FLYHT Receives BOEING 737 Activation STC from Transport Canada for AFIRS™ 228
November 6, 2013 - Chinese Partner Secures AFIRS Order for Seven Airlines
November 4, 2013 - FLYHT Signs New AFIRS Contract with Eastern European Airline
September 23, 2013 - FLYHT Signs New AFIRS 220 Contract with Nigerian Airline
August 26, 2013 - FLYHT Receives Certification from Iridium for the use of AFIRS 228S on the Iridium Network
August 16, 2013 - FLYHT Receives BOEING 767 Activation STC from Transport Canada for AFIRS™ 228
July 30, 2013 - FLYHT Receives ARINC AQP ACARS Over Iridium (“AOI”) Approval
July 19, 2013 - FLYHT Receives SITA VAQ ACARS Over Iridium Approval
June 26, 2013 - FLYHT Receives BOEING 777 Activation STC from Federal Aviation Administration for AFIRS 228
May 15, 2013 - FLYHT Signs New AFIRS 220 and 228B Contract with Maldivian Airline
May 3, 2013 - FLYHT Receives Purchase Order for Seven Military Transport Aircraft
January 7, 2013 - FLYHT SIGNS MASTER SERVICE AGREEMENT WITH JABIL
January 2, 2013 - FLYHT Signs New AFIRS 220 Contract in Nigeria
All of these news releases can be found at Flyht's site. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Weekly share price close from July 29, 2013 to March 31, 2014.
In 2014, the share price was stuck fast from January through July, spending about as much time at 19 cents as it did at 20 cents, with the occasional brief rise to 21 cents. The share price began its dramatic rise from 20 cents on July 29th. It would be nice to see a similar rate of increase this coming year.
| Date | Close* | Volume | | Date | Close* | Volume |
| | | | | | | |
| 24-Mar-14 | $ 6.70 | 464,290 | | 19-Nov-13 | $ 4.00 | 106,190 |
| 17-Mar-14 | $ 7.30 | 403,010 | | 12-Nov-13 | $ 4.10 | 286,360 |
| 10-Mar-14 | $ 6.70 | 719,870 | | 5-Nov-13 | $ 3.80 | 260,880 |
| 4-Mar-14 | $ 7.00 | 466,360 | | 28-Oct-13 | $ 3.30 | 104,080 |
| 25-Feb-14 | $ 5.60 | 129,650 | | 21-Oct-13 | $ 3.60 | 57,020 |
| 18-Feb-14 | $ 6.00 | 112,470 | | 14-Oct-13 | $ 3.70 | 51,440 |
| 11-Feb-14 | $ 5.90 | 82,190 | | 7-Oct-13 | $ 3.80 | 84,470 |
| 4-Feb-14 | $ 5.80 | 323,360 | | 30-Sep-13 | $ 3.20 | 58,160 |
| 28-Jan-14 | $ 5.40 | 358,670 | | 23-Sep-13 | $ 3.60 | 42,490 |
| 21-Jan-14 | $ 5.30 | 455,740 | | 16-Sep-13 | $ 3.60 | 72,370 |
| 14-Jan-14 | $ 4.50 | 198,040 | | 9-Sep-13 | $ 3.20 | 300,960 |
| 7-Jan-14 | $ 4.30 | 132,640 | | 2-Sep-13 | $ 3.20 | 171,870 |
| 31-Dec-13 | $ 4.40 | 86,400 | | 26-Aug-13 | $ 2.90 | 85,620 |
| 24-Dec-13 | $ 4.70 | 171,550 | | 19-Aug-13 | $ 2.40 | 45,720 |
| 17-Dec-13 | $ 4.50 | 763,820 | | 12-Aug-13 | $ 2.30 | 64,390 |
| 10-Dec-13 | $ 4.30 | 334,030 | | 5-Aug-13 | $ 2.20 | 256,000 |
| 3-Dec-13 | $ 4.90 | 471,250 | | 29-Jul-13 | $ 2.00 | 29,030 |
| 26-Nov-13 | $ 4.30 | 85,640 | | 22-Jul-13 | $ 1.90 | 48,840 |
* Close price adjusted for the 1-for-10 consolidation on July 17, 2017.
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The lead-in post from a few days ago...
$1.10 is highest close since COVID hit
Closed at $1.17 on March 11, 2020 as the share price descended due to COVID. The highest close in 2020 occurred on January 16-17, when the share price was $1.78.
The last time we saw $2.00 (and it was just $2.00), was January 9, 2018.
Consolidation occurred on July 17, 2017, share price of $2.60.
The share price closed at...
$3.00 on Feb. 25, 2015
$4.00 on Dec. 8, 2014
$5.00 on Oct. 30, 2014
$6.00 on April 30, 2014
$7.00 on Apr. 3, 2014
$7.60 on Mar. 13, 2014.
MH370 went missing on March 8, 2014. The share price had about tripled since August of 2013 for other reasons.