Post by
onewkn on Nov 15, 2023 8:40pm
More of the Same
Here we are with the stock price below the price in 2011. Reading the risk factors in the recent financial report, one big risk is left out, Rik bond destroying the company by total greed and malfeasance in office. He talks about diversification but we have seen no real effort to do so except for that looser truck suspension system. We now have the sixth new date for the first sale. And it is so general as to be meaningless. He talks about the new rail and truck products but we have seen zero sales in any of these areas. And now if I calculate correctly, the market cap is now below book value. That is a dangerous position as far as I can see. I am pretty sure Bond reads these blogs. Resignation is in order, No Board in their right mind would put up with this performance.
Comment by
diamondlessnono on Nov 23, 2023 10:37am
Within 6 months you my friend will be eating ur words. Mr Bond is the best person to run KLS.
Comment by
onewkn on Dec 19, 2023 4:59pm
You have got to be kidding. He and the Board are systematically destroying the business and taking shareholders with him.