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Kelso Technologies Inc. (KIQ)

NYSE American - NYSE American Delayed Price. Currency in USD
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0.6613+0.0212 (+3.31%)
At close: 3:59PM EST
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  • I
    InvestPatterns
    After searching for hours on news or related information for the large volume yesterday.. I have found nothing.. However, I believe that there is more behind the scenes work occurring. It seems there would be no reason for 4 million shares traded yesterday.. but someone must know valuable information. 4 million shares aren’t traded on an average of 90,000 just based on speculation! I was not able to buy 200,000 shares at .61 yesterday, but I believe we will be hitting 1$ soon if the trend continues and if there is news released. Will be looking to buy more today and possibly continue to load up. Just my opinion this Tuesday morning.. Good Luck All
  • R
    Renman95
    Maybe we'll get some news after the bell(?) It's too prolonged for a December-tax-sell-January-buy-back. GLTA
  • R
    Renman95
    Methinks there may be an up-spike near the close, positive AH, news over the weekend - just too much sustained high volume, relatively speaking, for this quiet company.

    Pure speculation, wishful thinking on my part.

    GLTA
  • N
    NY
    No Reverse Split here , they are on NYSE American... The minimum stock price is 20Cents...
  • R
    Renman95
    What happened at 10am, up .08 on 1.5m volume?
  • P
    Possium
    Can they not do a RS on the stock ???
  • R
    Renman95
    Get your KIQ-coin right here on the information super-railway!

    +4 cents, lol.
  • B
    Bill
    Lots of volume over the past 2 days....interesting that with the volume and known weak market the price is hanging on but by a tread. People are selling but there are still buyers out there so that is a positive, I hope.
  • R
    Renman95
    KIQ-coin, that would give it a boost, or maybe KiQoin. Scrap the valves and start mining!
  • F
    Floris
    *drum roll leading up to suspension system revenues*
  • R
    Renman95
    Very high volume this month. Lotsa tax 'loss' selling no doubt.
  • J
    Jackaroo
    Any news ?
  • V
    V8driver_LS
    ASTI 🚀🚀🚀 sonic boom incoming
  • R
    Renman95
    The company is 'essential', a producer and reliable supplier of specialized rail tank car service equipment necessary for the safe operation and maintenance of rail tank car transportation systems.

    Kelso therefore plans to continue operations at the Company’s valve assembly facility in Bonham, Texas while being mindful of the potential impacts of COVID-19 given current conditions.

    The pandemic has had no negative impact on the Company’s working capital and Kelso’s ability to continue business operations. The Company has no interest-bearing long-term debt and currently operates without the need for new equity capital, credit facilities or government assistance. The Company will continue to finance operations and research and development from existing capital reserves and product sales.

    Okay, then stop falling...

    https://finance.yahoo.com/news/kelso-technologies-inc-impact-covid-130010507.html
  • S
    Scott
    $LFIN $MARA $RIOT $TEUM $SRAX $GROW $KIQ

    According to Research and Markets the Global Blockchain market is estimated to reach $6,076.6M by 2023, and expected to grow at a CAGR of 48.37% during the forecast period. The North American region is dominating the global Blockchain market.

    CAGR = Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period. ... CAGR dampens the effect of volatility of periodic returns that can render arithmetic means irrelevant.
  • F
    Floris
    Quite new to hand picking stocks, but this looks like a solid undervalued stock.
    Long KIQ at 0,52.

    Let's hope for a positive Q2 earnings report.
  • S
    Scott
    U.S. Global Investors, Inc.
    riding the wave. small position here. plan to add to all $DPW $RIOT $KIQ $GROW $MARA
  • R
    Renman95
    Q2 earnings August 8(?)

    If Q2 is flat (Q1: 5.7M rev, 2.7M profit, 1.0M income, .02 earnings), then ttm earnings = .05,...X 20 p/e = $1.00, right where we are today. (Current p/e is 30 > $1.50.) '20' would be low but warranted due to a lack of sequential growth. Guidance would be key.

    If Q2 is sequentially on track (est. 6.7M rev, 3.8M profit, 1.4M income, .03 earnings) > .06 X 30 = $1.80. I'd give it a 30 p/e at a minimum due to growth.

    If Q2 hiccups back to Q4 ('18), 4.1M rev,...1 cent earnings > .04 X 20 = .80. Woof!

    So, looking for 5.7M to 6.7M in revs, 2.7M to 3.8M profit, 1M to 1.4M income, 2c to 3c in earnings.

    GLTA
  • R
    Renman95
    I finally found the most important number, imho, in determining where we are in the revenue stream. It's the first time I've seen it in black and white...

    "Our financial performance goal is to improve tank car revenues from a PRV only based revenue stream of approximately $1,400 per tank car to a target in excess of $10,000 per tank car. In the first quarter 2019 tank revenue has improved to an average of $1,800." -Pg 24, Q1 report

    $1,800.

    Q2 will be the first full quarter with VRV sales. I would expect the average to ramp up to well over $2,000 for Q2. (VRV: $1,000-$1,500 per tank car...8k to 10k tank cars retrofit/repair est. for 2019 & 2020)

    Pie-in-the-sky: At their high end target number of $10,000 per tank car, revs could climb to $100M...3X/47,000,000 shrs = $6.38/shr. Everything would have to pan out for this perfect-world scenario to happen, but, somewhere between today's $1.40 and $6.38 is reality.

    We've seen "$6.38" before (2014),...and then the economic environment shifted to a headwind. When will be see it again?

    2c
  • R
    Renman95
    I don't know if anything is up, the AGM is now history. Looks like .60 to .69 is the new trading range. If we break above .69 we may have another run but it won't be for nothing, some news has to come out otherwise we are range bound in the .60's. Now, if the politics of the day want us all to be quarantined again because of a 2nd wave, we go back down into the low .50's.

    On the bright side, we are up 53% from the March lows (avg .45). Who here had the guts to buy then? Well, I did. I bought 3/18 @ .50 and 4/2 @ .49 and again @ .54. (It remains to be seen if this was 'brilliant' or not.) ;-)