Bullboard - Stock Discussion Forum Avcorp Industries, Inc. AVPFF

Industrials Aerospace & Defense

Avcorp Industries Inc is a Canada based manufacturer within the aerospace industry. It designs and builds structures for aircraft manufacturers. The reportable segments of the company are The Avcorp Structures and Integration segment, which offers metallic and composite aerostructures assembly and integration; The Comtek advanced Structures segment dedicated to aircraft structural component... see more

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OTCPK:AVPFF - Post Discussion

Avcorp Industries, Inc. > Why I am feeling lucky 😇

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Post by spartan117 on Aug 06, 2020 4:01am

Why I am feeling lucky 😇

With the COVID situation ,Boeing's problems and Avcorp trading at 3 cents I was losing hope of making money in this company.
it all changed with the latest contract with BAE systems. Here are the reasons to hold on to the shares until the government decides to buy the fighter jets.
1) if Avcorp was not a viable company, they would not have won this significant contract.
2) finally the fighter jet bids are in and the government will choose a winner in 2022. This is the reason I think why panta invested money in the company in 2008
3) the banks are willing lenders.
4) the government needs good paying long term jobs and the aerospace industry can provide that. So buying the fighter jets are necessary
5) Trudeau wants a seat on the security council....will need to buy the planes first
6) consolidation and mergers are happening and will happen even more when the govt buys the jets.
7) the jets are assembled next door, proximity is very advantageous

Feel free to add more reasons to hold on to the shares and buy more.

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Comment by Finders on Aug 06, 2020 8:59am

agreed but hopefully it doesn't take yrs to get to a dollar

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Comment by spartan117 on Aug 06, 2020 3:17pm

I have been looking at the insider reports, so far no one has reported any sale yet. If it stays that way another good sign.

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Comment by Finders on Aug 06, 2020 4:23pm

the only insider that wud b selling is Panta and I'm sure they are not ready to sell untill we reach a dollar

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Comment by doitlikethis on Aug 15, 2020 11:10am

I disagree last time this kinda news realease happened the share price went up and then now CEO cashed in his free stock options . Not sure if the now CEO understands if he doesn't believe in his own company then why should anyone else. Bad sign when the board of directors and CEO sell their shares when the price pops every time . We will see this in days coming when the insider report gets ...more

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Comment by spartan117 on Aug 17, 2020 1:35pm

Please post the insider trades as soon as anyone gets them. I don't think any insider sold or cashed in the stocks. This is a keeper until it gets bought out. Canadian govt will choose a winner in 2 years time. Hopefully it will be F35, and definitely we will see the vertical takeoff. Good things comes to those who wait.

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