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Kelso Technologies Inc T.KLS

Alternate Symbol(s):  KIQSF

Kelso Technologies Inc. is a Canada-based diverse product engineering company. The Company is specialized in the creation, production, sales and distribution of proprietary products used in rail and automotive transportation. The Company designs, engineers, markets, produces and distributes various proprietary pressure relief valves and manway securement systems. It is a developer and reliable supplier of rail tank car equipment used in the handling and containment of hazardous and non- hazardous commodities during transport. The Company offers specialized rail tank car and truck tanker equipment, no-spill fuel loading systems, first responder emergency response equipment. The Company's rail and road transport equipment includes pressure relief valves, vacuum relief valves, bottom outlet valves, pressure car pressure relief valves, pressure car angle valves, top ball valves, one-bolt manways and related equipment, and other specialty valves, parts, equipment, services, and others.


TSX:KLS - Post by User

Bullboard Posts
Comment by backabockon Apr 14, 2015 5:10pm
179 Views
Post# 23629373

RE:RE:RE:RE:Diluted Weighted Average Shares

RE:RE:RE:RE:Diluted Weighted Average SharesI think you misunderstand my misgivings. In theory, if everything goes right, the Kelso is well worth the money. However, there are some real practical issues you have to consider. The cost of management is significant. We have to take their word that they will relinquish their grasp on the company matures. There is also the very real risk that a major flaw is discovered in the field in one of their products, and that could bankrupt the company. There is also the very real risk that a competitor develops something that dedtroys margins. These risks are not zero and the current speculative value of Kelso seems to presume several consecutive years of strong compound growth. Maybe you haven't been around long enough to have seen a sure bet go down in flames, but it is far more common than people realize. My complaint is about failing to properly account for the risks.
Bullboard Posts