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Bullboard - Stock Discussion Forum 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... see more

TSXV:FLY - Post Discussion

FLYHT Aerospace Solutions Ltd > what will move the share price?
View:
Post by CF105 on Aug 15, 2022 5:58pm

what will move the share price?

Stock price was .63 about a month before the CC. The price rose to .80 over that time even though there had not been a news release since June 7.

As usual, the price didn't really move (either way) on the financial "news". I have monitored this in the past and can only recall the rare occasion when the financials and CC caused the share price to actually move.

So, I am wondering what will move the share price up a notch to, say, $1.00?

We have about three months before the next financials are released - will the share price build gradually until then? Perhaps go higher during this time, or rise at a faster rate?

Generally speaking, in periods of no news, a company's share price has a tendency to weaken. 

Will there be news releases about Frontier, Westjet, SITA, Swoop, ECCC, COMAC? Or about sales of the Edge (5G), Edge+ (WQAR), or AFIRS SatCOM? How about news on the wireless data loading product being developed with MBS? Or about the details on the remainder of the UK MET Office WVSS-II order (aside from Logan Air)? Of all these items, which one is likely to have the most impact?

Management has stated: "Sales pipeline includes (more than) 15 prospects of $7m or greater."  What might these be and what are the chances that any of these prospects will be realized? And if any are, what kind of difference might that make?

Can Flyht reach the $7M in quarterly revenue it seems to need to break even? With the new sales people and their activities, and with the world opening up again to travel post-COVID, will the cost of sales increase to a point that more than $7M per quarter will be needed? I believe BT stated in the CC something to the effect that the sales force now assembled is "complete", but it has definitely grown.

KRC maintained their share price target of $2.50 back in May. If this target is for Q2 2023, at what rate will the share price rise to get there? Rising 20 cents a quarter would not be fast enough. Are we looking to see the share price rise 40-45 cents per quarter on average, or rise exponentially instead - something like +.10, +.20, +40, +.80 per quarter?

KRC's predicted revenue is down by about $1.2M in Q2 to start, with unrevised targets of $8.3M for Q3 and $8.0M for Q4.

Do we need a profitable quarter to move the share price significantly,? If we get it, what kind of gain can we expect?

If Flyht manages to have a profitable year, where might the share price end up? 


I see a bid of $0.80 and an ask of $0.83 at end-of-day.
Comment by tannin on Aug 16, 2022 3:28pm
om gosh, 96 cents as I type. 'Bout time.........long way to go before sp starts to reflect the real value here....happy days all
Comment by tannin on Aug 16, 2022 3:33pm
No idea is there's a specific reason for sp rise, or simply that those wanting to accumulate a position weren't getting filled at lower levels. Current sp will unlock a few more sellers, though not many I'd guess.......
Comment by PeterPiper on Aug 16, 2022 3:44pm
We hit a new 52-week high today. That should attract some attention. Piper
Comment by RayDonovan78 on Aug 16, 2022 4:31pm
Good Job, Peter
Comment by RayDonovan78 on Aug 16, 2022 4:34pm
It's Obvious........Thylor is starting to drop that other MILLION !!!!   WOOOO HOOOO, Maybe my $4.00 sell order will be filled tomorrow !!!!
Comment by mariners13 on Aug 16, 2022 3:44pm
Man, you are good. It looks like the answer to your question will be forthcoming.
Comment by CF105 on Aug 16, 2022 4:44pm
Closed at $0.96, bid $0.86, ask $0.95. Volume:  86,740. 10-day average volume: 21,659. Shares Out: 37.87M.  With the close today at $0.96, Market Cap. is 36.35M. Some historical closes... These are the only closes above $1 since the COVID drop in March 2020. July 23, 2021: $1.02 July 26, 2021: $1.09 July 27, 2021: $1.04 July 28, 2021: $1.04 February 12, 2020, the high that ...more  
Comment by tannin on Aug 16, 2022 5:38pm
Thanks CF105.........your posts are always interesting and relevant......
Comment by PeterPiper on Aug 16, 2022 5:39pm
On August 3 Flyht announced that the Q2 report would be out in a week. The close the previous day was 75 cents. Ten trading days later we closed at 96 cents, 28% higher, at a 52-week high. Not too shabby, IMO. I thought Bill's move, coming out with good news the morning after disappointing numbers, was his best yet. Let's see what tomorrow brings. Piper
Comment by RayDonovan78 on Aug 16, 2022 6:00pm
Great work Peter, Hopefully you didnt blow a fuse with that brain power. Keep up the good work !!
Comment by tannin on Aug 16, 2022 9:07pm
Gratuitous rudeness from our ill bred whiner............
Comment by RayDonovan78 on Aug 17, 2022 10:03am
Tannin, Put the Thesaurus down. If your were actually smart you would not be in Vancover penny stocks but as your buddy Thylor said "it all depends on your net worth"  Hopefully one day you will be able to purchase on the big boards and make some $$$$$$.   
Comment by MKB767 on Aug 17, 2022 11:18am
Why do you guys even respond to him Just put him on ignor and he will evenually disappear He just loves baiting you and by your resonses he remains here
Comment by MKB767 on Aug 17, 2022 11:18am
Why do you guys even respond to him Just put him on ignor and he will evenually disappear He just loves baiting you and by your resonses he remains here
Comment by RayDonovan78 on Aug 17, 2022 11:56am
Thats another easy one to answer.....Lol
Comment by uberlious on Aug 18, 2022 4:58pm
What moves the shares is change.. Over these past 2 years we have changed. The shares dropped rapidly back in early 2022 because of change, Covid. Is the Edge our game changer ?   Its been said more that once by different people. Flyht was always ahead of there time.  It feels different this time....Has the industry finally caught up with Flyht.. We are here waiting to give the ...more  
Comment by uberlious on Aug 18, 2022 6:21pm
Ooops Typo..I meant to say early 2020 the shareprice dropped quickly. Sept 2020 we hit 40 cents, that was change, big time, that was Covid..  Not much resistance up to 1.30 if we can clear 1.10. Uber
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