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Amerityre Corporation (AMTY)

Other OTC - Other OTC Delayed price. Currency in USD
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0.0630+0.0033 (+5.53%)
At close: 11:59AM EST
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  • M
    Matthew
    I literally just came across this company, and everything I've read so far is good. Honestly can't understand why the volumne and price are so low! Seems like a very good business. No position here yet, but saving it for a future entry.
    To all the Longs, sorry I don't want it to go up just yet.
  • g
    g1
    wow I can be cynical, lol. 7 months later... I still like this stock! I see a fair amount of insider buys, no sells.. that is good, right?
  • J
    Jack
    Strong Jan - March 2019 Quarter!

    Revenues up 18 percent from previous quarter, from $785K to $927K. (10-Q).

    Solid profitability, good income from operations.

    Operating margins for the quarter were positive 5.8%! (Hard to imagine, the stock is dirt cheap.)

    Positive cash flow from Ops

    Management comment: “These (quarterly) results were better than expectations as sales of polyurethane foam tires to a significant customer were higher than expected.”

    Deferred revenue is up nicely, another good sign.

    Disclose - long AMTY.
  • T
    Tom
    I like Amerityre and own AMTY shares. Valuation is attractive at EV/ Sales of only 0.32. The CEO’s background is impressive, BSE Chemical Engineering University of Pennsylvania, MBA in Finance and Marketing UC Berkeley Haas School of Business. The company is @ breakeven income wise and cash flow positive (Sept 2018 qtr). I think there is hidden value in Amerityre’s Closed Cell Polyurethane IP.

    Amerityre concentrates on three segments of the flat free tire market: light duty polyurethane foam tires, polyurethane elastomer industrial tires and agricultural tires. The Company has developed a new elastomer formulation for use in several of its larger tire applications (provides higher static load bearing capability & higher abrasion resistance). Amerityre expects more customers to order tires made in this formulation as FY 2019 progresses, with sales ramping up as more customers complete their evaluations. (Source: 10-Q for Sept 2018 quarter)

    Note: This is not a recommendation to Buy or Sell. Investing in microcaps involves many risks. Do your own research and due diligence.
  • J
    Jack
    Net cash provided by operating activities for Amerityre = $169K for the 6-month period ended December 31, 2018 vs. cash used by operating activities of $191K for the same period in 2017. See last 10-Q. Encouraging!
  • B
    Brian
    Big Earnings coming up, I can feel it! Great company!!!
  • g
    g1
    so weird.... *crickets*.... such a cool product, and with the new admin's "made in America" policy you'd think this would take off... I wonder if the company even cares about their stock price... . . *crickets*... will check back here in a month, I guess.
  • b
    brayden
    $TSLA conversation
    well at least $PTEO AND $AMTY are up
  • A
    Anonymous
    What just happened? Who si buying? On what news? Is it being touted somewhere?
  • C
    CBX
    this board looks dead