Saker Aviation Services Inc (QB) (SKAS) 銘柄情報

Great NEWS here, and the big grabs of shares in this range continues.

SKAS $4.50 X $4.72

You know it’s on if that offer gets gobbled at $4.72!

SKAS has been getting devoured in this $3.80-4.20 range.

CDEL sitting at $2.80 for 35,000 shares. ($98,000)

Only 675 shares left there at 4.20, it’s been gettin’ beat on all day.

The offers keep gettin’ gobbled up here. Would be nice to see a positive year end report and watch this thing just bull charge past the $5 level.

HOD $4.72

A bundle of Form 4’s filed here, these shares are getting gobbled up at this level. They’re cleaning house.

Ahhh after taking a closer look most are a bunch of stock options.

Nice move here today.

Some ask snacks taken by someone at $4.00

Yeah, considering what the airline industry and saker have experienced over the past couple years, I think it would be wise to keep stacking their excess cash before delving out their cash to shareholders. Revisiting this topic down the road would be much more realistic if profitably continues in the right direction.

Disagree. They did give out a special divy just a couple of years ago- .50 cents @ .125 cents over 4 quarters.

SKAS 3.98 - the recent 10-Q-filing shows:

As of November 15, 2021, the registrant had 1,028,863 shares of its common stock, $0.03 par value, issued and outstanding

Cash = 2,010,293

Total Liabilities = 900,244

They should utilize that rich cash reserve in the form of a one-time-dividend to light a fire under some apathetic kiesters? $.25 cents, $.50 cents even better...

SAKER AVIATION ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2021

Revenue of $1.5 Million in 2021 up 101.4% Versus $721,000 in 2020

Net Income of $197,000 in 2021 Versus Net Income of $6,000 in 2020

https://www.otcmarkets.com/stock/SKAS/news/SAKER-AVIATION-SERVICES-INC-ANNOUNCES-FINANCIAL-RESULTSFOR-THE-THREE-MONTHS-ENDED-SEPTEMBER-30-2021?id=330983

Take a look at their precovid numbers and this is an absolute bargain. They were cash flow positive and started paying a dividend in 2019. Company was producing profit which is rare nowadays lol. What a bargain. Just annoying how illiquid it is cause they are playing games with the ask.

The Kobe helicopter crash of today is not going to go well for the SKAS stock

Another solid Q looks like this years earnings will be more than double last years, cash is up we get a nice sweet dividend now, has no been an exciting stock by any means but has been/will be solid.

Anytime flippers/shorts get it anywhere near 3.50 is a no brainer, always worth just leaving a GTC order in at that level I always have a AON in for a few hundred shares just in case Santa wishes to fill my stocking early.

Peace out.

This has long been a no brainer, unfortunately building a free position is hard to do now, but, IMHO it has a ways to go. They played this thing like a ping pong ball for years, many of us took advantage, glad I did.

Peace out.

Thanks for the heads up on SKAS

Was able to pick a block up around 4.50 and pretty happy so far.

SKAS($5.08) printing new-high; Uber NYC helicopter service may juice results going forward, IMO...



https://www.cnet.com/news/uber-copter-new-york-first-ride/

Oh yeah, man what a week I am having congrats Lazarus, we knew all along we knew something was here with this sleeper by the Hudson.

Congrats.

Saker Aviation Services, Inc. Announces Special Cash Dividend

Press Release | 09/30/2019

NEW YORK, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Saker Aviation Services, Inc. (OTCQB:SKAS), an aviation services company specializing in ground-based services to the general aviation marketplace, today announced that its Board of Directors has declared a special cash dividend of $0.50 per share payable according to the table below.

Quarter Per Share Record Date Payment Date
Q4 2019 $0.125 October 18, 2019 November 1, 2019
Q1 2020 $0.125 February 14, 2020 February 28, 2020
Q2 2020 $0.125 May 15, 2020 May 29, 2020
Q3 2020 $0.125 August 14, 2020 August 28, 2020
Saker’s Board of Directors also anticipates the initiation of a regular dividend after paying this special dividend. Any regular dividend is expected to be based on the Company’s profitability.

About Saker Aviation Services, Inc.
Saker Aviation Services (www.SakerAviation.com), through our subsidiaries, operates in the aviation services segment of the general aviation industry, in which we serve as the operator of a heliport, a fixed base operation (“FBO”), and as a consultant for a seaplane base that we do not own. FBOs provide ground-based services, such as fueling, aircraft storage, and aircraft maintenance for general aviation, commercial and military aircraft, and other miscellaneous services.

CONTACT:
Saker Aviation Services, Inc.
Ronald J. Ricciardi
President & CEO
1.212.776.4046
RRicciardi@SakerAviation.com


Note Regarding Forward-Looking Statement FULL REPORT HERE

Agreed and going forward the next 18 months will be great. 2020 as with all election years will be over the top, much travel especially in and around NYC.

Would love to see what in store though, been looking for another services hub, they are always so tight lipped. At the end of the day, one of the safest investments on OTC catch the lows and sleep easy, the little something something you can set aside and not even think about, better than money in the bank.

Still wondering to about being bought, taken private etc.

Peace out.

SKAS($3.95) looks cheap; Q2 fully-taxed EPS $.22 on a 10% revenue increase. Trailing 12-month EPS is now $.60. The balance sheet is a thing of beauty, with $3/share in cash and book value of $5.60/share. I'm looking for Q3 EPS of $.25+





Saker Aviation Services, Inc. Announces Financial Results for the Six Months Ended June 30, 2019

Revenue of $5.2 Million in 2019 Up 5.6% Versus $5.0 Million in 2018

Net Income of $279,000 in 2019 Up $292,000 Versus Net Loss of $14,000 in 2018

NEW YORK, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Saker Aviation Services, Inc. (OTCQB:SKAS), an aviation services company specializing in ground-based services to the general aviation marketplace, today announced its financial results for the three and six months ended June 30, 2019.

Revenue in the six months ended June 30, 2019 of $5,235,369, was up 5.6 percent from $4,955,908 in the same period in 2018. Net income in the six months ended June 30, 2019 of $278,525, up $292,437 as compared to a net loss in the three months ended June 30, 2018 of $13,912.

We are pleased to post another quarter in 2019 that shows significant improvement as compared to 2018, stated Ron Ricciardi, the Companys president & CEO. The quarterly and six month results reflect the recovery of our heliport business after the fatal helicopter accident in early 2018. The impact of a fatal helicopter accident in early 2018, as previously reported, had a negative impact on results in the final three quarters of 2018. The recovery from that event may reflect positive comparisons going forward in 2019.

The Company also reported Adjusted EBITDA1 of $465,305 for the six months ended June 30, 2019, an increase of $195,305 or 72.3 percent as compared to Adjusted EBITDA of $270,000 in the six months ended June 30, 2018. Please see footnote 1 below for the Companys definition of Adjusted EBITDA, a description of why the Company uses Adjusted EBITDA and important disclaimers regarding Adjusted EBITDA, which is a non-GAAP measure. A reconciliation of Adjusted EBITDA to the appropriate GAAP measure is also included in footnote 1.

About Saker Aviation Services, Inc.
Saker Aviation Services (www.SakerAviation.com), through our subsidiaries, operates in the aviation services segment of the general aviation industry, in which we serve as the operator of a heliport, a fixed base operation (FBO), and as a consultant for a seaplane base that we do not own. FBOs provide ground-based services, such as fueling, aircraft storage, and aircraft maintenance for general aviation, commercial and military aircraft, and other miscellaneous services.

CONTACT:
Saker Aviation Services, Inc.
Ronald J. Ricciardi
President & CEO
1.212.776.4046
RRicciardi@SakerAviation.com

Note Regarding Forward-Looking Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements can be identified by words such as anticipates, intends, plans, seeks, believes, estimates, expects and similar references to future periods. These statements may include projections of revenue, provisions for doubtful accounts, income or loss, capital expenditures, repayment of debt, other financial items, statements regarding our plans and objectives for future operations, acquisitions, divestitures and other transactions, statements of future economic performance, statements of the assumptions underlying or relating to any of the foregoing statements and statements other than statements of historical fact.

Forward-looking statements are based on the Companys current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Companys actual results may differ materially from those contemplated by the forward-looking statements. The Company therefore cautions readers of this press release against relying on any of these forward-looking statements because they are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the Companys services and pricing, general economic conditions, its ability to raise additional capital, its ability to obtain the various approvals and permits for the acquisition and operation of FBOs and the other risk factors contained under Item 1A of the Companys Annual Report on Form 10-K for the year ended December 31, 2018.

Any forward-looking statement made in this press release speaks only as of the date on which it is made. Factors or events that could cause the Companys actual results to differ may emerge from time to time and it is not possible to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

- FINANCIAL TABLES TO FOLLOW -

1 Explanation of Adjusted EBITDA, a Non-GAAP Financial Measure

The Company defines Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, as adjusted for stock based compensation expense and other income and expense items. The Company believes that Adjusted EBITDA, which is a financial measure that is not defined by Generally Accepted Accounting Principles (GAAP), is a useful performance metric because it eliminates non-cash and/or non-recurring charges to earnings. It is important to note that non-GAAP measures such as Adjusted EBITDA should be considered in addition to, not as a substitute for or superior to, net income, cash flows, or other measures of financial performance prepared in accordance with GAAP. A reconciliation of net income to Adjusted EBITDA is as follows for the six months ended June 30, 2019 and 2018.

For the Six Months Ended
June 30,
2019 2018
Net income (loss) $ 278,525 $ (13,912 )
Non-cash and/or one-time charges and credits
Interest expense 5,246 7,166
Interest income (14,635 ) (26,129 )
Income tax expense 131,000 ---
Stock compensation expense 16,998 16,998
Depreciation and amortization 48,171 285,877
Adjusted EBITDA $ 465,305 $ 270,000
Source: Saker Aviation Services, Inc.

Say what? Are we reading the same Q ???

I see ~ $3.00 per share in cash
Book Value of ~ $5.50 per share
Revs up YOY
EPS of .22 on the quarter.

What exactly DOESN'T look good to you????

(I'll admit I didn't read all the fine print)

LMAO -- WAIT, I DIDN'T SEE THE COMMA.

Absolutely nothing, looks good.

Peace out.

10Q out - what's not to like?

Only wish I added more shares on the lows.

up, up, and away!

(patience pays)

Got an email highlighting the GCK hub, what I am still patiently awaiting is news of the next one............

Peace out.

Q1 Liking the numbers, good turnaround from last year from (-.21) to .05+ not bad winter numbers and it was a bad winter. Solid add or starter in 3 or under range IMHO.

Starting to think like others if another hub opening doesn't come to pass may well be a buyout?

Chopper crash today, they just missed the helipad, operator error I believe. No injuries was only pilot involved, still early I guess.

Peace out.

Looking for some groovy numbers, would love an update as to where they are headed going forward.

Peace out

Nice article about changes to airport in Garden City, KA

https://www.gctelegram.com/news/20190401/progress-2019-local-transportation-improvements-incoming

Got this in my inbox this morning, a clue as to what direction they are heading? Another FBO? I was thinking that way but then I wasn't sure, maybe after the 10K we will get a better picture from them on the outlook.

https://sakeraviation.com/fixed-base-operators/

Has anyone contacted them? I have never been a call/email the company kind of guy.

Peace out

Any thoughts on next Q report next month? Would love to hear something from company on the direction they are going.

Peace out.

Absolutely nothing! Been hoping to grab some cheapies but so far nothing. We are sitting in the proverbial cat bird seat, just waiting and wondering, but, without a care in the world!

Peace out.

Post split update:

Outstanding shares are now approx 1 million

Float approx 500,000

Cash ~ $2.78 per share

Book Value ~ $5.22

EPS for last quarter was ~ .21 per share

Last Q here

What's not to like?

Nice bid 3.09 above the last price of 3 nice to see, as have said not the normal action in regards to normal RS's still anxiously, patiently awaiting info.

Peace out.

Well my opinion is I don't have one LOL. Knew/felt big shake up would happen when old man was out of the picture. Do not get the buying back so many hares last year then now a split.

A) Buyout?

B) Something to do with daughters company?

C) Merge?

Happy to sit and wait an see, agree with you on value of company 5.70 range I have 21,333 shares now after the RS having added some his year flipping bit and buying lows when I could.

We will just have to wait and see.

Something definitely up and it's not a bad thing evidently judging by stock activity just prior and after he RS.

Peace out

Got some fills yesterday in the mid $2's

Another, and me thinks, more likely scenario:

Insiders take control of the company with majority ownership of stock.

They have an opinion letter drafted by recognized auditor to determine the value of the company. Opinion letter values company at book plus a paltry premium due to risks (which will be well cited).

They vote to take the company private.

Shareholders are bought out at @ ~ $5.70 per share. (which will be a premium to the whatever the stock is trading at when announced)

Lots of shenanigans in the these penny plays. Think like a criminal (white collar, of course). I've seen the CEO's of these companies *suck from the public teet then slam the door on it, once it's established and beginning to make a profit.
__________

*a simile borrowed from a fellow investor.

Any chance of them listing on the Naz in the future?


MY OWN SPECULATION/CONJECTURE!

Well, my $1 prediction seems to be working out!

Honestly, I've never known a reverse split that ended well.


BOL!

MY OPINION ONLY.

EPS on 3 & 9 mos has been at .01 per share for the last year, thus the EPS post split will be in neighborhood of .30 per share (unless/until they improve).

Authorized shares have not been increased (indicating no plans for dilution)

Insiders as of last 10k own 13,405,971 shares (41.1% of company) and last Q shows approx 10% of the outstanding shares were repurchased by company over the course of the last year.

Insiders will soon have over 50% of shares/majority interest.

My guess: they eventually want to take the company private.

Additionally the RS will put a halt to speculation / volatility that comes with being a "penny stock". (Good bye penny flippers)

You see the developments ToH? Any ideas why? Just why any company would buy shares back for a year then RS? Has to be a big picture there? I m just not seeing it.

Peace out.

Not upset by the RS s usually a bummer this one not so much don't understand it but must be a reason.

Won't even go into speculating I am sure all will be known with 10Kor just after/before.

Will definitely put it in the .60-1.00 EPS range.

Peace out.

SKAS: effective March 1,2019 a one for 30 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Just a thought, if there is anyone out there LOL.

Saw this article today and may hold some future revs/profits by increase servicing fueling etc., maybe the company operating may add a copter?

https://blade.flyblade.com/p/business

Still waiting to see what they have up their sleeve for another airport hub, and/or see more share buybacks this year.

https://www.fastcompany.com/90309020/american-airlines-will-let-super-rich-passengers-take-private-helicopters-to-avoid-long-lines

Peace out.

Thanks ToH, I am hoping the company continues this year buying back shares, still looking for next acquisition or more insight as to direction with old man out of the game, 4Q numbers are also in my mind. Figured would have seen/heard something by now, but, as long as it keeps doing what it's doing lowering the OS I am more than pleased.

Take care, hope all is well.

Peace out.

Nice call T!

Something seems to be cooking, been a number of tweets I have seen last month or more comparing CAAP to SKAS do not know if any significance or what, I still stand behind this company as much as I have before if not more now that the old man is not at the helm. We sill just have to see.

Peace out.

Hey tdeck- Yup, check out IIIN. (Insteel industries) If American infrastructure repair ever happens, it might be a good call.

Unfortunately, those steel tariffs are not helping things, but who knows?

Best,
TOH


I AM NOT AN ADVISOR, DO YOUR OWN DD!

Hope yours was good ToH, enjoy the rest of the weekend. Spending mine going through sectors seeing where I will throw a big play after Jan when the oil/lng/services does its thing.

Any ideas? LOL

Peace out.

Hey T: have a great Thanksgiving and good luck to SKAS!