As far as quarterly updates are concerned they don't get any...

As far as quarterly updates are concerned they don't get any better than what was announced to the market this morning.

There's so much going on with AEI it's impossible to know where to start and where to stop.

With cash on hand of $4.373m AUD, firm purchase orders and issued invoices of $720k AUD and cash receipts of $172k AUD from the previous trading period combined with a current pipeline of qualified projects well in excess of $5m AUD in Australia alone not accounting for international markets, AEI are going from strength to strength.

Updates from management have been really bullish up to this point with the expectation of strong growth in the pipeline going forward so for them to come out today and say that the level of qualified customer engagement exceeds the company's expectations it is really saying something.

There were also some interesting new developments in Thailand and Singapore with new staff and offices being set up and with mention that the company is currently undertaking multiple new installations with several leading corporations, many of them household names and that the initial contracts with these corporations are just the start of much bigger business opportunities farther down the track.

It seems like things are really taking off in Thailand with a HVAC protection and remediation project of a major facility in Bangkok for The Siam Commercial Bank Public Company Ltd, the securing of contracts in the Thai hotel market, advanced discussions with some of the largest hospitals in the country (region) and the engagement of a leading property and retail group in the country.

48c a share is a joke of a share price for a company with as much going on as AEI. In time I expect that to change as the market wakes up and starts to realise what is going in with this company and where it is going in the future and just how big the markets it operates in are and how much revenue and profit AEI will be generating going forward.

I couldn't be happier with AEI management and the direction the company is taking with an eye to a future where the share price is many, many multiples of today's 48c share price.