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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (2817)8/24/2011 12:41:49 AM
From: richardred  Read Replies (2) | Respond to of 7243
 
IMO-It's currently attractively priced. Last quarter Mr. Clark stated the freight forwarding business was seeing a pick up in activity. The dividend was cut a nickel from last year, but the yield is still good and well covered by earnings. I continue to think the company is well managed. The ground support equipment business was a disappointment. I'm holding with a possible add. A recent, very small, insider purchase was encouraging to see as it is a rarity for this company. A generally passive minded FIDELITY has picked up about a 10% stake now. That's the highest I can every remember for any institutional ownership in this micro cap company. I'm trying to stick to mainly buying companies that pay dividends in current market conditions, AIRT qualifies.