Comments on Michael Alexander's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/michael-alexander/articles http://seekingalpha.com/article/156441/comments?source=feed#comment-664704 664704 Sun, 06 Sep 2009 22:05:50 -0400

Well -- small cap / thin vol. Fairly priced now.

You think margins can improve? That would help a lot.]]> http://seekingalpha.com/article/141233/comments?source=feed#comment-644894 644894 not anymore]]> Tue, 25 Aug 2009 08:32:45 -0400
Other than giving your own posts a thumbs-up, do you have something of value to say here?


On Aug 17 05:58 PM JDROC wrote:

> not anymore]]> http://seekingalpha.com/article/141233/comments?source=feed#comment-633820 633820 The stock has an average volume of less than $5,000. Getting rid > of a $10,000 position may take you a week, unless you're willing > to hand it over to a market maker for a 20% discount.]]> Mon, 17 Aug 2009 17:58:51 -0400

On Jun 05 06:34 AM Owen wrote:

> The stock has an average volume of less than $5,000. Getting rid
> of a $10,000 position may take you a week, unless you're willing
> to hand it over to a market maker for a 20% discount.]]> http://seekingalpha.com/article/141233/comments?source=feed#comment-533103 533103 Fri, 05 Jun 2009 06:34:51 -0400 http://seekingalpha.com/article/141233/comments?source=feed#comment-533031 533031 Fri, 05 Jun 2009 02:06:44 -0400 http://seekingalpha.com/article/97313/comments?source=feed#comment-425660 425660 Sat, 14 Mar 2009 12:14:42 -0400 http://seekingalpha.com/article/97313/comments?source=feed#comment-269320 269320 Tue, 30 Sep 2008 02:47:32 -0400 http://seekingalpha.com/article/76693/comments?source=feed#comment-228344 228344 Mon, 11 Aug 2008 22:25:20 -0400 http://seekingalpha.com/article/76693/comments?source=feed#comment-228343 228343 Mon, 11 Aug 2008 22:24:49 -0400
June 08: 2,542
March 08: 4,200
December 07: 3,180
September 07: 3,434
June 07: 1,884
March 07: 1,754
December 06: 1,658
September 06: 929
June 06: 795

Wow!]]> http://seekingalpha.com/article/76693/comments?source=feed#comment-228324 228324 Mon, 11 Aug 2008 21:28:10 -0400 The quenched & tempered (QT) carbon steel plate that Alloy Steel Int'l will be replacing (as soon as they patent the process and commercialize it around mid August 2008), is estimated to have a current $3 billion+ market worldwide. Potential customers such as BHP, CVRD, Rio Tinto, Xstrata and Codelco are nothing to sneeze at!]]> http://seekingalpha.com/article/76693/comments?source=feed#comment-167159 167159 Tue, 13 May 2008 20:16:21 -0400 The increase in gross profit margin (from 48% to 52%) has been achieved through negotiation of better raw materials prices for some supplies during the period, as well as increased production through the mill without the need to increase direct labor costs.]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-165630 165630 Sat, 10 May 2008 22:16:41 -0400 Now that they have proven their superior technology with customers such as BHP, Rio Tinto and Fortesque mining who recently equiped their entire new mine with Arcoplate imagine if a company such as CVRD from Brazil who are also potential candidates for a produvt like Arcoplate
AYSI will need to raise some capotal to capitalize on market oppertunities presented to AYSI in South East Asia, Australia, Chile ,Brazil, Russia,China and Canada.
The company and the stock would then be unstopable.Congratulat... to the Directors of AYSI for a great job.
]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-151958 151958 Wed, 16 Apr 2008 21:24:20 -0400 The quenched & tempered (QT) carbon steel plate that Alloy Steel Int'l will be replacing (as soon as they patent the process and commercialize it around mid August 2008), is estimated to have a current $3 billion+ market worldwide. Potential customers such as BHP, CVRD, Rio Tinto, Xstrata and Codelco are nothing to sneeze at!]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-151955 151955 Wed, 16 Apr 2008 21:06:10 -0400 http://seekingalpha.com/article/69212/comments?source=feed#comment-128877 128877 Wed, 19 Mar 2008 13:36:18 -0400 Let's hope KPPC increases 50% in value over the next six months]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-120887 120887 Sat, 01 Mar 2008 02:22:07 -0500 http://seekingalpha.com/article/65923/comments?source=feed#comment-119784 119784 Wed, 27 Feb 2008 13:01:27 -0500
First I attribute the drop in share price after last Q to disappointed speculators who jumped in after a blockbuster Q4 where everything from sales to margins clicked perfectly. The stock had a near 100% runup into that report so it wasn't a suprise to see it lose some.
One thing to keep in mind is especially in terms of gross margin there can be some significant variations from quarter to quarter for AYSI.

As a previous poster noted since this article was written the company announced the expansion of their facility to include a second mill. This was news I had been expecting and it validates the growth thesis. I think this likely more than doubles their capacity. I think it will be awhile before 2 mills are running at full bore but assuming they get to that point there should be enormously higher earnings flowing to the bottom line.

As far as how I found out about the company its just a matter of bleary eyed reading of quarterly reports until something interesting pops up. ]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-119500 119500 Tue, 26 Feb 2008 21:23:53 -0500
The Directors of Alloy Steel International, Inc. have been advised by the Company's Engineering Department that the new Arcoplate Production Mill is expected to be ready for trialing in June 2008.

This is a realistic target date which will only not be met if there is a delay in the supply of machine components from local and international suppliers. At this point in time, we are not aware of any possible delays.

Testing and real time proving production runs are expected to take approximately six weeks, and on this basis, the machine should be producing commercial product prior to the end of August 2008.

As the new production mill has a significant amount of new innovations, including mechanical, electronic and parameter control software, we have allowed additional time of six weeks for proving and tuning.

The Company is at present looking at patent protection for the new innovations.

]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-119496 119496 Tue, 26 Feb 2008 21:10:04 -0500

22 February, 2008
The company through its manufacturing subsidiary Alloy Steel Australia (Int) Pty Ltd, has successfully concluded preliminary proving trials on developing new technology that will allow the company to produce a much thicker alloy deposit (“SUPER ARCOPLATE”) in a single pass using the company’s unique patented manufacturing method. To the best of the company’s knowledge no other manufacturer of clad wear plate can offer the market anything thicker in an alloy clad overlay than 5/16th or 7.5mm in a single pass as we can do with the new “SUPER ARCOPLATE”

The new plate has a 16mm (3/4”) alloy overlay bonded to an 11mm (1/2”) mild steel backing plate using a single manufacturing pass.

Conventional weld overlay plates from other manufacturers which do not compare with the new single pass 16mm (3/4) alloy may need up to 5 overlay passes to achieve the same thickness during its manufacture. Multiple passes caused by the bulk welding method create both structural and metallurgical weaknesses and in the wearplate and in many cases the material is subject to premature failure when in service.

The company believes that with the single pass technology the new “SUPER ARCOPLATE” will outlast the plate presently being used by consumers by up to 10 times even though it is less than half the thickness of the current plate used.

The new plate has a total thickness of 1¼” or 28mm and will replace quenched and tempered (QT) carbon steel plate of up to 4”or 100mm thick in surge bins, feed hoppers and shutes in most mineral mining operations.

Users of this type of plate are mining giants such as BHP Billiton, CVRD, Rio Tinto, Xstrata and Codelco.

The company estimates that the market worldwide for (QT) and foundry cast white iron castings wearplate used in these applications to be in excess of 3 billion dollars.

The new thicker “SUPER ARCOPLATE” has the potential to capture a significant portion of that market where down time is a critical factor in the mining or mineral processing operation.

The company anticipates releasing the “SUPER ARCOPLATE” commercially on to the market in the second half of this year.]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-119491 119491 Tue, 26 Feb 2008 21:00:33 -0500 Just called Australia and talked with CFO 13-Feb-08 08:01 pm
Allen Winduss. This is a copy of my post on Value Microcaps where my screenname is Wadegarret.

He was very knowledgable, and I have good news! I will go over one by one the questions I asked him. He was in a hurry to get to a meeting, so I had to go kind of quick.

The men work 6-6.5 days/week. In the Dec qtr, there were around 14 days of downtime, however in the Mar qtr there is expected to be only 4 days. He couldn't remember the number of days down in the Sept qtr, but there were little. I then asked about the second shift. The second shift worked 95% in the Sept qtr, but only 60-70% in the Dec qtr, and are expected to work 100% in the Mar qtr.

Next topic was margins- They were bad in the Dec qtr for a couple reasons. First there was a sudden chrome and steel cost increase in the Dec qtr which was temperary, and has already come back down to about Sept qtr levels for the Mar qtr. Second, they had a couple of large contracts they had to get out which brought lower margins than normal.

Next I asked about seasonality- there isn't much, except that the Dec qtr is usually their weakest because of so much downtime. I asked when the second Mill was going in production. Alan told me by July. I then asked him what tax rate going forward- he said 30%.
]]> http://seekingalpha.com/article/65923/comments?source=feed#comment-119469 119469 Tue, 26 Feb 2008 19:50:56 -0500 http://seekingalpha.com/article/65923/comments?source=feed#comment-119467 119467 Tue, 26 Feb 2008 19:47:44 -0500 http://seekingalpha.com/article/65923/comments?source=feed#comment-118862 118862 Mon, 25 Feb 2008 14:55:01 -0500 http://seekingalpha.com/article/65923/comments?source=feed#comment-118668 118668 Mon, 25 Feb 2008 09:18:58 -0500 http://seekingalpha.com/article/65923/comments?source=feed#comment-118652 118652 Mon, 25 Feb 2008 08:53:15 -0500