News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
|
Followers
|
11
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
950
|
|
Created
|
12/08/05
|
Type
|
Free
|
| Moderators | |||
Ticker:KNGS
About Us: In 1995, Kingsley’s Founder set out to create a high quality, safe and reliable motorhome/RV with an amazing life expectancy. He was particular when selecting his staff and hired only the best; they rolled up their sleeves and built a coach that exceeded his own personal expectations.
Today, Kingsley Coach consists of a group of people who have been in the transportation industry since 1965. Our management team consists of people whose combined backgrounds provide us with over 200 years of experience in the transportation industry. See the write-up on Chubby's Coach Our Friend, Chubby Checker with his Kingsley Coach
We manufacture custom motorhomes, garage motorhomes (also known as SURV's or toy haulers), as well as mobile medical centers, mobile mammogram units, mobile dental centers, mobile command centers, entertainer coaches, mobile showrooms, NASCAR coaches, and other specialty vehicles.
OS: 65,360,905
AS:100,000,000
Float:19,005,433
Contact: 612-605-8502 number off their website.
ZIMMERMAN, Minn., Oct. 28 /PRNewswire-FirstCall/ -- Kingsley Coach, Inc. (Pink Sheets: KNGS) is pleased to announce that the Company will be establishing a short term rental and leasing subsidiary in order to help increase the Company's revenue streams. After considerable due diligence and deliberation, Kingsley has found a need to focus its business on the short-term rental of Kingsley custom coaches, as well as motor homes made by other manufacturers.
The motor home market has had considerable increases in the number of sales in the last decade, from 2001 to 2004; motor home ownership increased over 39%. According to the U.S. Census Bureau and the RV Rental Assoc. RV rental has become a $350 million a year business and is likely to increase with sales of motor homes dipping in the last year as well as the current down turn in the financial sector; the average age for motor home ownership is 49.
"Custom Motor homes like those Kingsley sells on a commercial chassis, combined with new technology and amenities are in significant demand. It is believed that by offering rental options to our customers, we can provide a wide array of Kingsley coaches to a broader base of RV buyers." stated Allan Smethers, CEO of Kingsley Coach, Inc."
Kingsley Coach Announces Pre-owned Coach Sales in Excess of $400,000
Jun 3, 2008 9:58:00 AM
2008 PrimeNewswire, Inc.
View Additional ProfilesZIMMERMAN, Minn., June 3, 2008 (PRIME NEWSWIRE) -- Kingsley Coach, Inc. (Pink Sheets:KNGS) announced today that it has recently completed sales of two pre-owned custom coaches from its inventory during the month of May. One of the coaches was a custom garage-unit Kingsley with the ability to house several motorcycles, an ATV, or small auto underneath the master bedroom.
"The recent success in pre-owned coach sales is a validation of our recent marketing initiatives, as well as a testament to the demand for a quality built Kingsley Coach, new or used," stated Allan Smethers, CEO of Kingsley Coach, Inc. "We are excited about our future prospects for growth, and continue to seek additional methods of marketing our high end coaches to customers throughout the world," added Smethers.
Kingsley Coach Issues Corporate Update
May 27, 2008 9:00:00 AM
2008 PrimeNewswire, Inc.
View Additional ProfilesZIMMERMAN, Minn., May 27, 2008 (PRIME NEWSWIRE) -- Kingsley Coach, Inc. (Pink Sheets:KNGS), a manufacturer of custom, luxury recreational and special-use coaches, issued the following corporate update.
The Board of Directors of Kingsley Coach would like to share some exciting developments with its shareholders and the marketplace.
During the latter part of calendar year 2007, Kingsley began an aggressive analysis of all areas of its business, with a sharp eye on cost reduction, in an attempt to better position the Company for the future. During the initial analysis, it was determined that there were a number of inefficiencies in the production process, as well as several areas of duplicate services in the corporate and administrative departments of the Company. It was also discovered that the Company's sales and marketing efforts could be better targeted in order to generate a more profitable mix of sales.
Kingsley has recently begun a partner program with key vendors throughout the nation. This program will enable Kingsley to focus on more efficiently managing the production process. The Company will be able to streamline production, more adequately control costs, maintain a strict timeline, keep attention to detail and customization, and continue to provide the high quality Kingsley Coach the market and its customers have come to know and respect.
Corporate overhead has been dramatically altered. Duplicate services have been eliminated and payroll reduced. Rent and utilities expenses have been changed to significantly lower rates. Finally, corporate books and records have been updated, and quarterly financial results will be reported on a timely basis. Efficiency in each component of the company has become a priority as a constant vigil is kept on improving margins, and contracting coach delivery time.
Kingsley Coach will soon launch a new marketing campaign. This new approach will focus on extensive use of the internet to broaden the market awareness of Kingsley Coaches, and expose them to more potential buyers. This will be coupled with selective print media advertising in specific trade periodicals to further present the high standards of quality represented in a Kingsley Coach. The Company will also primarily target three specific areas that have demonstrated success for the company in the past: High end RVs, Mobile Command and Marketing Units, and Mobile Medical Coaches.
Kingsley has put together a comprehensive business plan that will enable the company to build on its past successes. The Board of Directors has recognized areas of inefficiency within the company and begun to implement a plan of correction. Coach buyers and shareholders will be able to view a new and improved, easy to navigate web site. The site will adequately display the high quality interior and exterior features, and coach benefits for which Kingsley Coach has become recognized. The company will constantly seek to deliver the highest level of service to our customers. By leveraging our existing customer base, Kingsley Coach will attempt to capitalize on cross-selling activities to increase its operating efficiency and margins. Used coach sales will play an important part in providing customer outlets for vehicles to trade up to newer models. Kingsley Coach will continue to focus on delivering its high end coaches to discriminating buyers throughout the United States.
With these three key areas of focus, Kingsley believes that it has taken the necessary steps to establish a more efficient, organized, and targeted Company. Currently, there is a strong backlog of leads as we head into the peak selling season. Kingsley recently announced its first dealer agreement for the Southeast region, and continues to form strategic alliances with vendor partners throughout the country. The company is well positioned to take advantage of its niche in the 12 billion dollar RV, luxury and specialty coach industry, and grow revenues from its previous average of approximately 5 million in annual sales. Kingsley Coach management is extremely excited about the future prospects of the company while these changes begin to positively impact performance as it progresses through 2008 and beyond.
About Kingsley Coach: Kingsley manufactures custom, luxury coaches and special-use coaches. Kingsley's product line includes medical, communications, entertainment, and various specialty and business-use coaches. A Kingsley Coach is mounted on a class 7 or 8 heavy duty chassis powered by top names such as Peterbilt, Kenworth, Volvo, and Freightliner. With automatic transmissions, a heavily reinforced body, and ultimate quality, a Kingsley offers its owner great comfort, safety, and high performance. RV owners refer to the Kingsley Coach as "The Most Extraordinary Home on the Road." Additional information is available at http://www.kingsleycoach.com.
Forward-Looking Statements: Certain information contained in this news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. While these statements are made to convey the Company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual Company results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties.
October 2, 2007 - 9:00 AM EDT
Kingsley Initiates Stock Buyback Program
Kingsley Coach, Inc. (PINKSHEETS: KNGS) is pleased to announce that, effective immediately, KNGS has commenced a program of buying back its common stock on the open market.
The purchases may be made, from time to time, on the open market in compliance with Rule 10b-18 and will be funded from available working capital. The number of shares to be purchased and the timing of the purchases will be based on the level of cash balances, general business conditions and other factors, including alternative investment and/or custom coach inventory opportunities.
"Management is excited about the future prospects of the company, and believes that purchases of the company common stock at current price levels represent a good use of funds at this time," commented Allan Smethers, President of Kingsley Coach, Inc.
About Kingsley Coach: Kingsley manufactures custom, luxury coaches and special use coaches. Kingsley's product line includes medical, communications, entertainment, and various specialty and business-use coaches. A Kingsley Coach is mounted on a class 7 or 8 heavy duty chassis powered by top-names such as Peterbilt, Kenworth, Volvo, and Freightliner. It has an automatic transmission, a heavily reinforced body, and ultimate quality. A Kingsley offers its owner great comfort, safety, and high-performance. RV owners refer to the Kingsley Coach as "The Most Extraordinary Home on the Road." Additional information is available at http://www.kingsleycoach.com.
Kingsley Coach Announces Plans for Hybrid
ZIMMERMAN, MN, Aug 27, 2007 (MARKET WIRE via COMTEX) -- Kingsley Coach, Inc. (PINKSHEETS: KNGS) announced today that it is considering alternatives for a hybrid version of its K-3 model custom coach as part of an environmental and fuel economy push designed to make Kingsley's K-3 the first hybrid RV model on the market.
The potential hybrid under consideration will be either a regular petrol engine married to an electric motor, or would use a hydrogen injection system to help improve gas mileage and reduce emissions. Kingsley is also pursuing the use of solar panels on their coaches as an alternate source of power for convenience items within the coach.
"We have started discussions with several manufacturing companies about the concept of a hybrid RV and are excited about the possibilities," stated Allan Smethers, CEO. "With the current high cost of fuels, it clearly makes sense for us to explore the possibilities of a hybrid technology. Preliminary research indicates that fuel savings can amount to 35 percent on electric hybrids and 15 percent on hydrogen injection systems," added Smethers.
About Kingsley Coach: Kingsley manufactures custom, luxury coaches and special-use coaches. Kingsley's product line includes medical, communications, entertainment, and various specialty and business-use coaches. A Kingsley Coach is mounted on a class 7 or 8 heavy duty chassis powered by top names such as Peterbilt, Kenworth, Volvo, and Freightliner. With automatic transmissions, a heavily reinforced body, and ultimate quality, a Kingsley offers its owner great comfort, safety, and high performance. RV owners refer to the Kingsley Coach as "The Most Extraordinary Home on the Road." Additional information is available at http://www.kingsleycoach.com.
3 Month chart:
12 Month chart:
MORE UPDATES TO COME
post here for all DD and info on kingsley coach inc. Also feel free to post any news you may run across. I'm keeping this simple here.
