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Kelso Technologies Inc. (LB4A.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
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0.5100-0.0200 (-3.77%)
At close: 8:09AM CEST
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  • D
    Dennis
    Turning the corner. Future looks brighter than ever. That's what we want in a stock.
  • B
    Bill
    Another shot-gun press release hoping something would stick! Then comes the anticipated sell-off- big time!
    No focused sales, marketing strategy....focus on core market which is rail..new and retrofit. Everything is scattered--off road, trucking, rail....costing millions. Trucking is going nowhere for along time. That market is completely fragmented.

    FOCUS on core strengths..rail.

    A few people at the TOP need to go!
  • B
    Bill
    Price dropping today.....earnings must be coming probably tomorrow....my guess....another weak quarter, no significant organizational or strategic changes, BOD still lining their pockets and doing nothing. Changes need to start at the top, the corporate level......
  • 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
  • B
    Bill
    Price going over the cliff thanks to no news or guidance of any kind. Most likely another bad quarter of burning cash and Officers banking their unearned fees...
  • 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
  • r
    radioheadfloyd
    So the company adds 7mil shares to the 47mil shares OS and it quadruples in price on that alone? I bailed on this stock years ago. It went from $1.61 to like .40 and now.. it's, ugh - whatever lol
  • R
    Renman95
    Volume 11.5 million plus,...can't remember the last time we were 7-digits.
  • R
    Renman95
    Guaranteed to skyrocket tomorrow cuz I sold 50,000 shares at the close. :-)
  • 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.
  • B
    Bill
    Something is going on...almost 6 million shares traded.....
    Anybody care to speculate?
  • 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
    Looks like a few days of posts have disappeared. Earnings came out a bit ago and no one says peep.

    Well, after reading the report, no peep required.

    Yawn.

    Mahalo again to all who bought my shares at $1.30-1.40.

    Been here too long, time to move on.

    Aloha.
  • 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.) ;-)
  • R
    Renman95
    Great volume today, an hour left and 297,000 shares traded, 70 cents. Good news leaking?
  • J
    J
    $KIQ Added more for the swing --at what appears to be the bottom of a 2 week dip. KIQ has a positive two-month trend. It may be a small cap company (50.9 M) but profitable (10.56% net earnngs) and well financed (2.62 quick ratio.) We could see trend reversal to the upside tomorrow possibly 10-15 percent conservatively.
  • 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!
  • F
    Floris
    Any of the true longs here, who have been here for a while already, will keep holding this for the next years to come? Seems like they will start earning more again because of the Biden infrastructure plan and possibly their suspension system sometime next year.