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Kelso Technologies Inc. (KLS.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.79000.0000 (0.00%)
At close: 3:51PM EDT
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  • R
    Renman95
    VANCOUVER, British Columbia and BONHAM, Texas, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (“Kelso” or the “Company”), (TSX: KLS), (NYSE American: KIQ) reports that a key customer has started the installation of Kelso’s new 2” pressure
    VANCOUVER, British Columbia and BONHAM, Texas, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (“Kelso” or the “Company”), (TSX: KLS), (NYSE American: KIQ) reports that a key customer has started the installation of Kelso’s new 2” pressure
    finance.yahoo.com
  • F
    Floris
    Too bad I already doubled my position in this stock when it came down to .59
    This price makes me want to add more again
  • M
    Miamian
    I got a Return On Capital for this company of 0.2769. Can anybody do better than that? Ret on Cap= Net Income-Dividends / Debt + Equity ; where Dividends = 0 First time I did it. Usually I rely more on Technical annalysis.
  • D
    Dan
    Well slightly disappointing but sitting on a bunch of inventory which tells me next half will likely be slightly better. Increased overall asset value and no debt so nibbled a little more at .66
  • R
    Renman95
    Great volume today, an hour left and 297,000 shares traded, 70 cents. Good news leaking?
  • b
    bill
    Remember when Tesla was at $500? Yeah, I thought that was expensive too.
  • 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
  • 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.
  • 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.) ;-)
  • C
    Chuck
    The bottom is in at .60 .61..... a somewhat stable bottom is .75-.78! I am buying at .75 everyday and will build a larger position than I have ever had. I feel Kelso is misunderstood and off the radar. The team is to blame by failing to promote the company. But if they continue to deliver sequential revenue quarters with profits and new products, the stock will eventually catch up in my opinion. Bill, what are your thoughts Sir? And why isn’t the management promoting their company and it stock and consequently, their shareholders?
  • B
    Bill
    Lots of activity with interest in KLS/KIQ..Allen + Bill may be right on in predicting what may be happening....These next 2 yrs will be positive again for investors...The demand for tank cars is increasing, and Kelso is getting it's fair share plus more...imo!
  • T
    The Gauntlet
    Love it. Under the radar!
  • C
    Chuck
    Bill.... do you communicate directly with the company.?If so, do they have plans to get some publicity or analyst coverage? As it appears now less than 10 people know about or even care about the company. Regardless if the company is performing well or not, if nobody is made aware, then we are just trading stock with one another. Thanks for your time Sir.
  • Y
    YoungDolph
    BULLISH on KELSO allllll day.. that’s MAJOR
  • C
    Chuck
    Any guess as to when earnings will be announced? Hoping for an update for Q1 as well, business must be good with the stock leading up 50% already on no news. Would be nice to know what’s going on.
  • R
    Renman95
    I expected some profit taking considering the recent move and new BOD appointment. Strong holders.
  • C
    Chuck
    Hey Renman and Bill.... it’s very quiet and the stock has traded down after Q3 has ended.... what does this say to you guys? I was hopeful the numbers would be better than Q2. What am I missing here, thought we would be well over 1.00 at this point. Have a great weekend guys.