Flyht Aerospace Solutions

FLY-X

Analysis and Opinions about FLY-X

Signal
Opinion
Expert
BUY
BUY
November 28, 2019
Q3 results had revenues up solidly. Could be a very profitable winter. Really likes the stock. Safety communications technology for planes. Save airlines money with diagnostics. Feels it's about to take off.
Q3 results had revenues up solidly. Could be a very profitable winter. Really likes the stock. Safety communications technology for planes. Save airlines money with diagnostics. Feels it's about to take off.
Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$1.260
Owned
Yes
DON'T BUY
DON'T BUY
September 25, 2019
Frustrating. Fails to take flight. They haven't achieved massive adoption of their technology. The Malaysian Airlines disappearance didn't lead to that. They've had to come back to the market several times for financing which hurts the stock.
Frustrating. Fails to take flight. They haven't achieved massive adoption of their technology. The Malaysian Airlines disappearance didn't lead to that. They've had to come back to the market several times for financing which hurts the stock.
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$1.400
Owned
Unknown
WATCH
WATCH
July 15, 2019
He just met management. An impressive story. It's taken them a long time to get traction. They do live "black box" technology for planes, so there's a lot of data to monetize. He's still studying it to see how big it can get.
He just met management. An impressive story. It's taken them a long time to get traction. They do live "black box" technology for planes, so there's a lot of data to monetize. He's still studying it to see how big it can get.
Fabrice Taylor
Publisher, The President's Club Newsletter
Price
$1.780
Owned
No
COMMENT
COMMENT
June 10, 2019
Black box technology for airplanes. It is starting to turn heads again. He is going to look at it again.
Black box technology for airplanes. It is starting to turn heads again. He is going to look at it again.
Fabrice Taylor
Publisher, The President's Club Newsletter
Price
$1.630
Owned
No
BUY
BUY
May 17, 2019
Q1 earnings were good. He sees 20% organic growth. There has been a pick up in business with China -- finally. He sees additional contacts there. He has bought this in the past two weeks. It offers real time GPS locations for aircraft.
Q1 earnings were good. He sees 20% organic growth. There has been a pick up in business with China -- finally. He sees additional contacts there. He has bought this in the past two weeks. It offers real time GPS locations for aircraft.
Robert McWhirter
President, Selective Asset Management
Price
$1.590
Owned
Yes
BUY
BUY
May 10, 2019
Optimal time is December - March. Up nicely. Higher highs, higher lows. Starting to break through resistance. MACD was positively diverging against the price. Price has been consolidating. Suggesting waning selling pressures. Expects further gains ahead.
Optimal time is December - March. Up nicely. Higher highs, higher lows. Starting to break through resistance. MACD was positively diverging against the price. Price has been consolidating. Suggesting waning selling pressures. Expects further gains ahead.
Jon Vialoux
Research Analyst, CastleMoore Inc.
Price
$1.570
Owned
Unknown
BUY
BUY
April 29, 2019
They use a satellite system to pinpoint the location of planes, which also helps plane maintenance. They have a $60 million backlog which amounts to three years' of sales. Some of that backlog now translates into sales, which is organic growth. They did a recent acqusition. He likes this and has owned it in the past. A good outlook for the rest of this year.
They use a satellite system to pinpoint the location of planes, which also helps plane maintenance. They have a $60 million backlog which amounts to three years' of sales. Some of that backlog now translates into sales, which is organic growth. They did a recent acqusition. He likes this and has owned it in the past. A good outlook for the rest of this year.
Robert McWhirter
President, Selective Asset Management
Price
$1.410
Owned
No
BUY
BUY
April 12, 2019
He still likes their outlook as earnings have swung to become net positive. They have secured new contracts. The two recent Boeing incidents could lead to more of their products being installed.
He still likes their outlook as earnings have swung to become net positive. They have secured new contracts. The two recent Boeing incidents could lead to more of their products being installed.
Robert McWhirter
President, Selective Asset Management
Price
$1.460
Owned
No
BUY
BUY
March 18, 2019
Their recent acquisition was a huge benefit to the company. China has said by the end of 2019 all planes must have satellite based voice communication. This is the only company that offers it. They did testing with Boeing and Airbus four months ago and passed with flying colours. This solution would have prevented the recent 737 crash having to have the flight recorder dug up from the crash site and sent to France for analysis. It's time to buy this stock.
Their recent acquisition was a huge benefit to the company. China has said by the end of 2019 all planes must have satellite based voice communication. This is the only company that offers it. They did testing with Boeing and Airbus four months ago and passed with flying colours. This solution would have prevented the recent 737 crash having to have the flight recorder dug up from the crash site and sent to France for analysis. It's time to buy this stock.
Robert McWhirter
President, Selective Asset Management
Price
$1.350
Owned
No
BUY
BUY
January 16, 2019
They use a satellite based system to keep track of airplanes. They also have software to allow fuel efficiency for airlines. They hope for a large expansion in China. A test is ongoing with Boeing and a courier company to detect airplane locations and he expects Boeing will accept the system as standard equipment.
They use a satellite based system to keep track of airplanes. They also have software to allow fuel efficiency for airlines. They hope for a large expansion in China. A test is ongoing with Boeing and a courier company to detect airplane locations and he expects Boeing will accept the system as standard equipment.
Robert McWhirter
President, Selective Asset Management
Price
$1.350
Owned
Unknown
DON'T BUY
DON'T BUY
November 29, 2018
One of those story stocks that people expect big things from. It never got there. They got always negative cash flows in the last ten years except for one.
One of those story stocks that people expect big things from. It never got there. They got always negative cash flows in the last ten years except for one.
Ryan Modesto
Managing Partner, 5i Research
Price
$1.130
Owned
_N/A
BUY
BUY
September 5, 2018

It's selling into airlines, which are notoriously hard to sell to. A disappointing stock, though it just ticked up due to a recent Boeing project, a black box that continuously streams data from the cockpit to the ground. Only a few airlines have jumped in, but the strongest growth is coming from China where the airlines are facing stricter regulation. He expects a breakthrough in the coming year, but he felt that way last year, too. The CEO just bought stock.

It's selling into airlines, which are notoriously hard to sell to. A disappointing stock, though it just ticked up due to a recent Boeing project, a black box that continuously streams data from the cockpit to the ground. Only a few airlines have jumped in, but the strongest growth is coming from China where the airlines are facing stricter regulation. He expects a breakthrough in the coming year, but he felt that way last year, too. The CEO just bought stock.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$1.440
Owned
Unknown
DON'T BUY
DON'T BUY
June 15, 2018

Split or reverse split will be reflected in the charts technically and fundamentally, so don’t worry about it. Reverse consolidation tends to have a negative impact. Means the company’s had problems. This stock has dropped more than 50%. There was a triple pop, but couldn’t break through. $1.50 is the first place you’re going to have problems. You want volume to confirm it.

Split or reverse split will be reflected in the charts technically and fundamentally, so don’t worry about it. Reverse consolidation tends to have a negative impact. Means the company’s had problems. This stock has dropped more than 50%. There was a triple pop, but couldn’t break through. $1.50 is the first place you’re going to have problems. You want volume to confirm it.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$1.180
Owned
Unknown
BUY
BUY
June 14, 2018

Testament of how hard it is to break in with large commercial airlines. They have not been able to build critical mass. Last year they were able to become profitable but last few quarters have been losses. Management is confident they will not have to raise equity. On a demonstrator with FedEx and Boeing. They have not yet achieved that really big order. Not likely to go down from here. Believes there is huge upside. Unique technology. All it will take is 1 or 2 airlines adopting this technology.

Testament of how hard it is to break in with large commercial airlines. They have not been able to build critical mass. Last year they were able to become profitable but last few quarters have been losses. Management is confident they will not have to raise equity. On a demonstrator with FedEx and Boeing. They have not yet achieved that really big order. Not likely to go down from here. Believes there is huge upside. Unique technology. All it will take is 1 or 2 airlines adopting this technology.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$1.150
Owned
Yes
DON'T BUY
DON'T BUY
June 13, 2018

This company makes black boxes for the airlines. They have been around for a while, but the stock has not done well as trials with airlines have not been successful. He has held off buying until they get more traction with sales. They are too small to get into the big airlines.

This company makes black boxes for the airlines. They have been around for a while, but the stock has not done well as trials with airlines have not been successful. He has held off buying until they get more traction with sales. They are too small to get into the big airlines.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$1.160
Owned
No
DON'T BUY
DON'T BUY
April 6, 2018

This stock has been quite disappointing despite their business model. This is a very competitive space with long marketing cycles. He is not sure why there is not any market coverage. Perhaps if they report some consistent earnings quarters it will help.

This stock has been quite disappointing despite their business model. This is a very competitive space with long marketing cycles. He is not sure why there is not any market coverage. Perhaps if they report some consistent earnings quarters it will help.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$1.660
Owned
No
BUY
BUY
March 29, 2018

One of the bigger shareholders lost patience and sold it and created pressure on the stock price. They do in-sky online streaming of data from the planes to ground. Eventually this technology will take off. Great business model. High gross margin. It is a $50 million market cap that is offering a great buying opportunity.

One of the bigger shareholders lost patience and sold it and created pressure on the stock price. They do in-sky online streaming of data from the planes to ground. Eventually this technology will take off. Great business model. High gross margin. It is a $50 million market cap that is offering a great buying opportunity.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$1.600
Owned
Yes
WATCH
WATCH
February 20, 2018

He followed the stock for 7 years and has warrants to buy the stock at a higher price . They are doing testing with Boeing and FedEx involving new standards. He expects the results to come out over the next few months and expects them to be positive for Flyht. The short term key for Flyht is a significant opportunity for recurring revenue in China. They are making good headway introducing new technology to China now, but the large contracts are yet to come.

He followed the stock for 7 years and has warrants to buy the stock at a higher price . They are doing testing with Boeing and FedEx involving new standards. He expects the results to come out over the next few months and expects them to be positive for Flyht. The short term key for Flyht is a significant opportunity for recurring revenue in China. They are making good headway introducing new technology to China now, but the large contracts are yet to come.

Robert McWhirter
President, Selective Asset Management
Price
$1.870
Owned
No
COMMENT
COMMENT
January 16, 2018

A long-term holding for him. It underperformed last year despite emerging profitability. The fundamentals are improving. 2018 has the potential to have some very big business developments that should drive the stock upwards. There has been insider buying in the last couple of months, which is a pretty bullish signal.

A long-term holding for him. It underperformed last year despite emerging profitability. The fundamentals are improving. 2018 has the potential to have some very big business developments that should drive the stock upwards. There has been insider buying in the last couple of months, which is a pretty bullish signal.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$1.920
Owned
Yes
HOLD
HOLD
November 16, 2017

A fascinating small-cap company that recently became profitable. However, the 3rd quarter was not profitable which caused softness. Feels there are a lot of good things to come in the coming year. They have fascinating technology to help airlines run fleets more efficiently, as well as dealing with problems like lost airplanes. Feels it is going to be a very successful company long-term. The recent pullback is a buying opportunity.

A fascinating small-cap company that recently became profitable. However, the 3rd quarter was not profitable which caused softness. Feels there are a lot of good things to come in the coming year. They have fascinating technology to help airlines run fleets more efficiently, as well as dealing with problems like lost airplanes. Feels it is going to be a very successful company long-term. The recent pullback is a buying opportunity.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$2.010
Owned
Unknown
BUY
BUY
November 15, 2017

Recently traded at $2.50, earnings were a disappointment, so it drifted down to about $1.95. They continue being in tests with Boeing (BA-N) and a courier company. Also working with one of the satellite companies. They offer a black box installed in planes for 1) communication and 2) to keep track of where the plane is. There are new regulations coming that says you have to know where a plane is. Believes this is a time to buy.

Recently traded at $2.50, earnings were a disappointment, so it drifted down to about $1.95. They continue being in tests with Boeing (BA-N) and a courier company. Also working with one of the satellite companies. They offer a black box installed in planes for 1) communication and 2) to keep track of where the plane is. There are new regulations coming that says you have to know where a plane is. Believes this is a time to buy.

Robert McWhirter
President, Selective Asset Management
Price
$1.940
Owned
Unknown
COMMENT
COMMENT
October 6, 2017

He is very positive on its outlook. The key is the recurring revenue opportunities, particularly in China, where he sees a huge explosion in the number of planes that will be fitted with their system. They are currently installed as an option on the Airbus airframe. Now doing tests with Boeing (BA-N) which could be significant. By 2020, all planes must have the ability to be tracked, and this company’s advantage is that they have a link that goes out to a satellite allowing them to be found very quickly. Also, their equipment can save money on fuel, scheduling maintenance, etc.

He is very positive on its outlook. The key is the recurring revenue opportunities, particularly in China, where he sees a huge explosion in the number of planes that will be fitted with their system. They are currently installed as an option on the Airbus airframe. Now doing tests with Boeing (BA-N) which could be significant. By 2020, all planes must have the ability to be tracked, and this company’s advantage is that they have a link that goes out to a satellite allowing them to be found very quickly. Also, their equipment can save money on fuel, scheduling maintenance, etc.

Robert McWhirter
President, Selective Asset Management
Price
$2.450
Owned
Yes
COMMENT
COMMENT
September 6, 2017

Chart shows a big drop from early 2014 into 2015, and then started to base. Generally speaking, it is now stuck in “never-never” land. It has been trading sideways since about 2015. It could be flat line returns for a while yet.

Chart shows a big drop from early 2014 into 2015, and then started to base. Generally speaking, it is now stuck in “never-never” land. It has been trading sideways since about 2015. It could be flat line returns for a while yet.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$2.530
Owned
Unknown
COMMENT
COMMENT
August 1, 2017

A great little Calgary-based company. An Infotech provider to aerospace. It has been around for about 15 years, and just recently emerged into profitability. This is the type of leader of tomorrow that he likes to invest in. A very cheap stock. It provides smart black box streaming off planes. They sell their product to the airlines as a streaming service, which helps the airlines maximize profitability of their planes.

A great little Calgary-based company. An Infotech provider to aerospace. It has been around for about 15 years, and just recently emerged into profitability. This is the type of leader of tomorrow that he likes to invest in. A very cheap stock. It provides smart black box streaming off planes. They sell their product to the airlines as a streaming service, which helps the airlines maximize profitability of their planes.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$2.420
Owned
Unknown
COMMENT
COMMENT
July 14, 2017

Recently announced they are going to consolidate the stock, which typically means they are optimistic about the future. This revolves around 2 things. They have black box flight recorders operated through a satellite system as to where the plane is, so it is always on and always available. There is a new 2020 change in legislation that basically says that if there is an airplane in distress, you have to know where that airplane is and be able to receive a signal at least once a minute. This is the only company globally that has the capability to do that. Their device is installed in about half of the Airbus A320 planes. They have an installed base of 1000 units in those planes, and are going back to the owners of those planes, explaining they can get huge benefits from efficiencies of reduced fuel consumption, maintenance, etc. The boxes are in about a 3rd of the Chinese fleet, which has a mandate that by 2017 they have to know where a plane is. Theoretically this has the potential to double the size of their active base by signing one of these Chinese companies in the next couple of years. There should be progress by the end of this year.

Recently announced they are going to consolidate the stock, which typically means they are optimistic about the future. This revolves around 2 things. They have black box flight recorders operated through a satellite system as to where the plane is, so it is always on and always available. There is a new 2020 change in legislation that basically says that if there is an airplane in distress, you have to know where that airplane is and be able to receive a signal at least once a minute. This is the only company globally that has the capability to do that. Their device is installed in about half of the Airbus A320 planes. They have an installed base of 1000 units in those planes, and are going back to the owners of those planes, explaining they can get huge benefits from efficiencies of reduced fuel consumption, maintenance, etc. The boxes are in about a 3rd of the Chinese fleet, which has a mandate that by 2017 they have to know where a plane is. Theoretically this has the potential to double the size of their active base by signing one of these Chinese companies in the next couple of years. There should be progress by the end of this year.

Robert McWhirter
President, Selective Asset Management
Price
$0.250
Owned
Unknown
DON'T BUY
DON'T BUY
May 25, 2017

This is trying to improve black box flight recorder technology. Looking at the long-term chart, they haven’t gained a lot of traction. He doesn’t like to invest on hope, but prefers to see some results for several quarters first. This seems more like a lottery ticket.

This is trying to improve black box flight recorder technology. Looking at the long-term chart, they haven’t gained a lot of traction. He doesn’t like to invest on hope, but prefers to see some results for several quarters first. This seems more like a lottery ticket.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$0.240
Owned
No
BUY
BUY
May 15, 2017

A great little aerospace technology story, based out of Calgary. They have a smart “black box” which has following capabilities as well as flight data monitoring capabilities. They allow airlines to operate more efficiently. It has taken a while for them to develop a market, but it has now turned profitable in the last year. The stock is quite undervalued here. If you buy it today, 12 to 24 months out you will be very, very happy.

A great little aerospace technology story, based out of Calgary. They have a smart “black box” which has following capabilities as well as flight data monitoring capabilities. They allow airlines to operate more efficiently. It has taken a while for them to develop a market, but it has now turned profitable in the last year. The stock is quite undervalued here. If you buy it today, 12 to 24 months out you will be very, very happy.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.240
Owned
Unknown
COMMENT
COMMENT
April 26, 2017

Makes electronic black boxes for airplanes. In addition to knowing where the plane is, they also have captured a bunch of data for making things more efficient from an operations viewpoint, fuel consumption, proper hours of operation, etc. They just announced a new contract with a Chinese airline. China really is the key for the company, because they are building out a massive increase in their fleets and airports.

Makes electronic black boxes for airplanes. In addition to knowing where the plane is, they also have captured a bunch of data for making things more efficient from an operations viewpoint, fuel consumption, proper hours of operation, etc. They just announced a new contract with a Chinese airline. China really is the key for the company, because they are building out a massive increase in their fleets and airports.

Robert McWhirter
President, Selective Asset Management
Price
$0.235
Owned
Unknown
COMMENT
COMMENT
February 21, 2017

An “Internet of things” company in a way, but for the aircraft industry. Provides critical data streaming from planes to the ground, and are the leader in that segment. Over time, this will become a global standard. They struggled for a number of years and just became profitable this year. It has great things ahead of it. Thinks the stock goes significantly higher.

An “Internet of things” company in a way, but for the aircraft industry. Provides critical data streaming from planes to the ground, and are the leader in that segment. Over time, this will become a global standard. They struggled for a number of years and just became profitable this year. It has great things ahead of it. Thinks the stock goes significantly higher.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.270
Owned
Unknown
COMMENT
COMMENT
January 18, 2017

Sells to aircraft manufacturers to track planes and utilize information in a more productive way. Had a big run up when the 370 went missing in the Indian Ocean 3 years ago. The stock went way up and then came down because this is a long-term story. It has had a huge run recently. Came out with a couple of positive announcements on contracts and information, and it has kind of sparked a fire. However it is probably too early. This is a long sales process. He wouldn’t recommend this as he is more conservative, but it certainly has some good qualities.

Sells to aircraft manufacturers to track planes and utilize information in a more productive way. Had a big run up when the 370 went missing in the Indian Ocean 3 years ago. The stock went way up and then came down because this is a long-term story. It has had a huge run recently. Came out with a couple of positive announcements on contracts and information, and it has kind of sparked a fire. However it is probably too early. This is a long sales process. He wouldn’t recommend this as he is more conservative, but it certainly has some good qualities.

Peter Hodson
CEO & Head of Research, 5i Research Inc.
Price
$0.260
Owned
Unknown
COMMENT
COMMENT
January 6, 2017

Finally starting to pop, because they basically have a dynamic system. Instead of a black box that goes to the bottom of the ocean with the plane, this system does dynamic streaming from the plane to a satellite. It can get flight location as well as engine analysis and productivity calculations. The stock has gone up partly because of optimism regarding China. China buys about 40% of all planes manufactured globally, and are building out airports by about 25% over the next 3-5 years. They are now embracing this company’s products. It looks like this company will potentially end up being a supplier. Thinks there is good opportunity for the stock.

Finally starting to pop, because they basically have a dynamic system. Instead of a black box that goes to the bottom of the ocean with the plane, this system does dynamic streaming from the plane to a satellite. It can get flight location as well as engine analysis and productivity calculations. The stock has gone up partly because of optimism regarding China. China buys about 40% of all planes manufactured globally, and are building out airports by about 25% over the next 3-5 years. They are now embracing this company’s products. It looks like this company will potentially end up being a supplier. Thinks there is good opportunity for the stock.

Robert McWhirter
President, Selective Asset Management
Price
$0.270
Owned
Unknown
COMMENT
COMMENT
December 30, 2016

Technical analysis is a study of crowd behaviour, so whenever you are looking at a penny stock, it is usually traded by less players, so you tend to get concentration of ownership and the crowd factor is less so. This stock was in a downtrend, and has most definitely begun quite a nice little base. You want to see a break out in the mid to high $0.20. If it broke out into that area, you would then probably have some significant upside ahead. Right now, it is in a base, which is a healthy development.

Technical analysis is a study of crowd behaviour, so whenever you are looking at a penny stock, it is usually traded by less players, so you tend to get concentration of ownership and the crowd factor is less so. This stock was in a downtrend, and has most definitely begun quite a nice little base. You want to see a break out in the mid to high $0.20. If it broke out into that area, you would then probably have some significant upside ahead. Right now, it is in a base, which is a healthy development.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$0.225
Owned
Unknown
COMMENT
COMMENT
December 5, 2016

He likes this very much. Things are going great for them. Their Chinese business has been a particularly bright area. Potentially it looks to accelerate some more next year. With increasing pressure for increased regulation, at some point in the next 2-3 years, you could see something happen that would accelerate adoption in some of their solutions. It is likely going to finish the year profitably.

He likes this very much. Things are going great for them. Their Chinese business has been a particularly bright area. Potentially it looks to accelerate some more next year. With increasing pressure for increased regulation, at some point in the next 2-3 years, you could see something happen that would accelerate adoption in some of their solutions. It is likely going to finish the year profitably.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.195
Owned
Yes
STRONG BUY
STRONG BUY
September 6, 2016

They provide mostly commercial airlines, along with defence, the ability to download all the critical data off all their planes in real time. This results in reliability and cost savings for the airline. This is a really good opportunity. It has been in a kind of bottoming process for the last 6 months, despite the last couple of quarters hitting new record sales, etc. Really, really cheap. Brought in a new high profile CEO in the last year. Have just had their 1st profitable quarter in their history.

They provide mostly commercial airlines, along with defence, the ability to download all the critical data off all their planes in real time. This results in reliability and cost savings for the airline. This is a really good opportunity. It has been in a kind of bottoming process for the last 6 months, despite the last couple of quarters hitting new record sales, etc. Really, really cheap. Brought in a new high profile CEO in the last year. Have just had their 1st profitable quarter in their history.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.180
Owned
Unknown
COMMENT
COMMENT
August 3, 2016

This has flight data recorders that go into airplanes, and it is a hard, hard sale to get airlines to put in a $100,000 product, even though it is going to save them money and is a good product. Probably still a little too early. The growth is nice to see, but the market cap is a little too small to get a lot of attention.

This has flight data recorders that go into airplanes, and it is a hard, hard sale to get airlines to put in a $100,000 product, even though it is going to save them money and is a good product. Probably still a little too early. The growth is nice to see, but the market cap is a little too small to get a lot of attention.

Peter Hodson
CEO & Head of Research, 5i Research Inc.
Price
$0.185
Owned
No
COMMENT
COMMENT
July 21, 2016

This has a black box in an airplane, and can use the system for either voice communication or a connection through a satellite, a kind of interconnect to monitor the health of engines, etc. It can be installed on an OEM basis for Airbus, where approximately half of their 320’s has had the product installed on the factory floor, but mainly for voice. They are now returning to those users, and offering them upgrades to do many other things. In addition to Airbus, they are also attempting to getting installed on other airframes, the biggest one being Boeing (BA-N). If they get this, there will be a significant lift in the stock. Hopefully, we will know by the end of September if they are successful. Good product and great recurring revenue, but they need more of a rollout.

This has a black box in an airplane, and can use the system for either voice communication or a connection through a satellite, a kind of interconnect to monitor the health of engines, etc. It can be installed on an OEM basis for Airbus, where approximately half of their 320’s has had the product installed on the factory floor, but mainly for voice. They are now returning to those users, and offering them upgrades to do many other things. In addition to Airbus, they are also attempting to getting installed on other airframes, the biggest one being Boeing (BA-N). If they get this, there will be a significant lift in the stock. Hopefully, we will know by the end of September if they are successful. Good product and great recurring revenue, but they need more of a rollout.

Robert McWhirter
President, Selective Asset Management
Price
$0.185
Owned
Yes
COMMENT
COMMENT
June 28, 2016

They supply some of the ingredients for the black boxes on airplanes. A small company with about $10 million in revenues, and about $6 million in debt. This could go higher, but one of the dangers of a company like this is dilution. In May they sold more stock and gave out more options. This is a wing and a prayer.

They supply some of the ingredients for the black boxes on airplanes. A small company with about $10 million in revenues, and about $6 million in debt. This could go higher, but one of the dangers of a company like this is dilution. In May they sold more stock and gave out more options. This is a wing and a prayer.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$0.180
Owned
No
COMMENT
COMMENT
May 11, 2016

Technically it looks like it has been creating a long-term base. Over the years, this really hasn’t done a lot of what they had anticipated doing. Making changes on small planes takes a long time to go through FAA and all the regulators. They are trying to move into getting real time pulses up to satellites, in order to track planes. This would be an advantage over having to find a flight recorder. The technology seems to be quite good. The issue is how planes get retrofitted, the ability to get into the flight bag, etc. with some of the larger suppliers.

Technically it looks like it has been creating a long-term base. Over the years, this really hasn’t done a lot of what they had anticipated doing. Making changes on small planes takes a long time to go through FAA and all the regulators. They are trying to move into getting real time pulses up to satellites, in order to track planes. This would be an advantage over having to find a flight recorder. The technology seems to be quite good. The issue is how planes get retrofitted, the ability to get into the flight bag, etc. with some of the larger suppliers.

Colin Fisher
President & Portfolio Manager, Stableview Asset Management
Price
$0.190
Owned
Unknown
HOLD
HOLD
April 21, 2016

A micro-cap stock. Potentially a multi-bagger. They are penetrating the commercial aerospace market. Stock has not done well because things are taking longer to develop in terms of revenues and earnings than had been expected. Just reported their 4th quarter, making a slight profit. Revenues were up 60%. He is looking for a big break-out this year. Many of the airplane manufacturers are installing their box.

A micro-cap stock. Potentially a multi-bagger. They are penetrating the commercial aerospace market. Stock has not done well because things are taking longer to develop in terms of revenues and earnings than had been expected. Just reported their 4th quarter, making a slight profit. Revenues were up 60%. He is looking for a big break-out this year. Many of the airplane manufacturers are installing their box.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.170
Owned
Yes
COMMENT
COMMENT
March 10, 2016

Whenever he is looking at charts, he starts off with a weekly chart of 3 years or so, and then works down to the small case. This one had a long downtrend from early 2014, but currently it might be firming up. There is a bit of a lid on the stock right now, but if it breaks that lid, that would be a breakout from a base.

Whenever he is looking at charts, he starts off with a weekly chart of 3 years or so, and then works down to the small case. This one had a long downtrend from early 2014, but currently it might be firming up. There is a bit of a lid on the stock right now, but if it breaks that lid, that would be a breakout from a base.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$0.180
Owned
Unknown
BUY
BUY
February 8, 2016

Keeping track of the time during takeoff and landing is most important. You don’t have to find the plane after it disappears off the radar screen in order to get its black box data. It is 85% a recurring revenue model.

Keeping track of the time during takeoff and landing is most important. You don’t have to find the plane after it disappears off the radar screen in order to get its black box data. It is 85% a recurring revenue model.

Robert McWhirter
President, Selective Asset Management
Price
$0.195
Owned
Unknown
WATCH
WATCH
December 29, 2015

They have a special black box for airplanes. The black box can be used all the time, but has a series of measurements whereas if a plane is in distress, it automatically starts streaming information right away. Also, have a bunch of modules that improve an airplane’s efficiency. This is a recurring revenue model. There is now an OEM installation on Airbus planes, as well as retrofit on existing planes. People are waiting for China, because China has said that all Chinese planes have to be fitted out with the same type of communication capability by the end of 2016. Consider buying if you have a time frame of 2 years, but he would wait for further indications.

They have a special black box for airplanes. The black box can be used all the time, but has a series of measurements whereas if a plane is in distress, it automatically starts streaming information right away. Also, have a bunch of modules that improve an airplane’s efficiency. This is a recurring revenue model. There is now an OEM installation on Airbus planes, as well as retrofit on existing planes. People are waiting for China, because China has said that all Chinese planes have to be fitted out with the same type of communication capability by the end of 2016. Consider buying if you have a time frame of 2 years, but he would wait for further indications.

Robert McWhirter
President, Selective Asset Management
Price
$0.210
Owned
Unknown
STRONG BUY
STRONG BUY
December 7, 2015

He would continue to hold it. He loves the opportunity. In a year or two people are going to wonder where it came from. They have broken all the regulatory hurdles. To him it is a table pounder.

He would continue to hold it. He loves the opportunity. In a year or two people are going to wonder where it came from. They have broken all the regulatory hurdles. To him it is a table pounder.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.180
Owned
Yes
HOLD
HOLD
September 21, 2015

It is symptomatic of the type of market we are in. Early stage small cap companies are not getting recognized unless they are producing cash this quarter. There will be good news over the next 6 months and then it should skyrocket. This is a very difficult business to break into.

It is symptomatic of the type of market we are in. Early stage small cap companies are not getting recognized unless they are producing cash this quarter. There will be good news over the next 6 months and then it should skyrocket. This is a very difficult business to break into.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.180
Owned
Yes
TOP PICK
TOP PICK
June 3, 2015

This has not done well in the last year. It had a speculative run up last year after Malaysian Airlines 370 disappeared and people got all excited. If their equipment had been on that flight, we would have known the minute that flight went off its intended course and exactly where the flight went down, and would have had everything recovered. However, this stock is about enhancing efficiency for airlines. They provide a cost savings for airlines that provide better up time for their fleet, better maintenance, reduced fuel consumption and lower insurance rates. Until now, the stock has not made money. Last quarter was their best in history, with $2.5 million in sales. They lost $100,000. They are on the verge of becoming profitable. He has a one-year target of $1.10.

This has not done well in the last year. It had a speculative run up last year after Malaysian Airlines 370 disappeared and people got all excited. If their equipment had been on that flight, we would have known the minute that flight went off its intended course and exactly where the flight went down, and would have had everything recovered. However, this stock is about enhancing efficiency for airlines. They provide a cost savings for airlines that provide better up time for their fleet, better maintenance, reduced fuel consumption and lower insurance rates. Until now, the stock has not made money. Last quarter was their best in history, with $2.5 million in sales. They lost $100,000. They are on the verge of becoming profitable. He has a one-year target of $1.10.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$0.265
Owned
Yes
COMMENT
COMMENT
May 15, 2015

Their most recent results were positive. 6 months ago they announced an agreement that Airbus will allow their customers to order the flight solution as an option, and there were significant sales for the first parts of that. They need recurring revenue from new sales. Still waiting for a pickup in Chinese sales.