Canada Markets closed

AerSale Corporation (ASLEW)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
Add to watchlist
4.1001+0.1501 (+3.80%)
At close: 3:42PM EDT
Sign in to post a message.
  • S
    Steve
    New 52 week high for the warrants, new 6 month high for the stock. Someone knows something.
  • y
    yahoo
    bought more warrants added 10k
  • P
    Pg
    Recent insight from a highly reputable investor...

    AerSale has multiple ways to win. The market could give it an industry multiple based on the company's current business mix; that could be a double for the stock in 2021. But what if the market ignores their current business? It could easily double anyways because there are so many embedded options that are ripe for success this coming year. The industry could recover and aircraft servicing is a levered bet on that recovery. Even without a recovery, servicing benefits from the chaos of turning so many passenger planes into cargo planes. And their shareholders get free calls on a range of promising engineered products that could be worth more than the whole rest of the company once the FAA approves them and they hit the market. Stay tuned. Another free call: projections don't include growth from M&A despite a great industry consolidation opportunities. And one more: projections don't include substantial growth from government contracts. But both M&A and government contracts could soon be big growth engines over the next several quarters. By that point, shares are likely to trade in the $18-24 range. That is why this is my top SPAC equity for 2021. Amidst a SPAC boom, this is a true value investment that will stand the test of time.
  • C
    Charles
    I am under the assumption that they cannot call in the warrants until they trade over 18$ per share???
  • y
    yahoo
    added another 4k warrants
  • K
    Ken
    https://seekingalpha.com/article/4397185-top-bitcoin-and-spac-bets-for-2021?utm_medium=email&utm_source=seeking_alpha&mail_subject=chris-demuth-jr-top-bitcoin-and-spac-bets-for-2021&utm_campaign=rta-author-article&utm_content=link-0
    "The biggest opportunity in deSPACed equities is AerSale (ASLE). Since the warrant disclosure, they more than quadrupled. Equity is up since the position was disclosed. It is history’s third best performing deSPACed equity among those with such a high redemption rate (94%). Redeeming holders simply made a terrible mistake with a huge opportunity cost. Today, their equity costs under $14 and is worth $10 per share more. Even as the market awaits verification of its value as a newly standalone public company, it should trade in the $18-24 range. Once it secures FAA approval, their AerAware product launch later this year could represent another $10 per share of value for a $34 per share upside."

    This guy knows his stuff. I'm in today 14.60 with a healthy position. GL to us all. May everyone have a very Happy and Prosperous New Year.
  • T
    The Real Blake
    Warrants are a pretty good way to own this stock as it would be hard for them to drop much lower. The warrants only cost about two bucks each right now.

    We are going to need to see some positive news regarding maintenance contracts for this stock to move up.

    Once the economy starts to recover from COVID, air-traffic related stocks should move up.
  • T
    The Real Blake
    @Steve

    Strike is 11.50 and you can use an option price calculator to determine the worth. You will have to estimate the implied volatility as well as the expiration date (because warrants can be force exercised once the stock clears $18).

    If we assume one year to expiration, and IV = 38, and interest rate 2% and dividend 0, then you get a price of 2.39 which is about what the warrants are currently trading at.

    Personally, I think that IV is a little bit high for this stock, meaning that the warrants are bit over-priced.

    However, worth is in the eye of the beholder. I own some warrants and I and not selling them.
  • C
    Cody
    Does anyone know if the warrants are capped to a certain exercise price?
  • B
    Brayden
    The after hour power of these warrants are undoubtedly immanent
  • J
    James
    91% held by institutions, 41m shs outstanding, 145k shs traded today current price means absolutely nothing
  • y
    yahoo
    Still under valued....
  • y
    yahoo
    What f o ols are selling today.. This is going to 20$
  • y
    yahoo
    George Bauer has be reported as having 9.8 % stake in ASLE..
  • B
    Brayden
    Well I said $2 valuation at the right time
  • A
    A36er
    Well...so much for that opportunity this morning at 2.44. Good going whoever got those 4k warrants.
  • y
    yahoo
    One more interesting thing is the last earn out that i see is at 15$ per share. So the executives have every incentive to drive the share price up to earn $$$$$.
  • y
    yahoo
    Wow What a bargain at 9.50 these people who selling must be a desperate, or got their shares for free.
  • M
    Matthew
    Some good information from the Cowen Aerospace/Defense & Industrials Conference presentation. Just a few tidbits... Sounds like they fully expect AerAware to be approved by FAA later this year. The delay has been from software updates to fix glitches in the system, otherwise all feedback from FAA test pilots have been extremely positive. They've also had some delays in receiving the remainder of the 24 planes they purchased. Sounds like they expect to be able to turn the 24 planes into 18 fully functional cargo planes to be sold off.
  • y
    yahoo
    Interesting 14.00 might start to add in this range