AeroCentury Corp. – $ACY – Confident Investor Rating: Poor

Company name AeroCentury Corp.
Stock ticker ACY
Live stock price [stckqut]ACY[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance:

AeroCentury Corp. acquires used regional aircraft and engines for lease to foreign and domestic regional carriers. The Company’s portfolio of leased aircraft assets is managed and administered under the terms of a management agreement with JetFleet Management Corp. (JMC), which is an integrated aircraft management, marketing and financing business and a subsidiary of JetFleet Holding Corp (JHC). As of March 31, 2013, the Company’s aircraft and aircraft engines, which were on lease or held for lease included Bombardier Dash-8-300, Fokker 100, Bombardier Dash-8-Q400, Fokker 50, General Electric CF34-8E5 engine, Saab 340B, Saab 340B Plus, deHavilland DHC-8-100, deHavilland DHC-6, Tay 650-15 engine, General Electric CT7-9B engine and Saab 340A.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in AeroCentury Corp. It is not possible to confidently invest in a company that is not currently profitable.
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