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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 bart10on Nov 10, 2015 1:05pm
186 Views
Post# 24277675

RE:I would like to hear some of the long timers here please.

RE:I would like to hear some of the long timers here please.There were just to corporate customers until Q3. Now there are four. 
The #1 customer reduced its orders (probably due to the regulatory delays) almost in half, but that was made up by the two new customers.
Also, manway sales generated over $1 million. 
And, there were KKM set-up issues, but things seem sorted out.

I was expecting a lot worse. With no 'bonanza' at all from expected retrofit, a loss of just $0.01? 


Also, management reduced its compensation.
And, if you look at the options that are active, most are 'not in the money'. 

There are plenty of 'negative' things, no shortage there! 
But, as people said, expect the SP to descend further. 

Put it away, and come back in May!


Bullboard Posts