Koil Energy Solutions Inc. (KLNG)

[UHCougar]

Slide number 16 really has me anxious to see these Q3 results. We would need to see a significant boost in net income for the company to meet their lower net income projection of $4.6 million for FY2013. This could be a good or bad sign. Bad if the company is overly optimistic. However, the investor presentation was put together in August, halfway thru Q3. So, surely management had a reasonably accurate foresight at Q3 results at that time.

Let's assume they hit the NI target of $4.6 mill, or come close. This would add further argument to the stock being severely undervalued.

$4.6 million NI/ 15.275 million shares O/S = $0.30 EPS

$0.30 EPS x 25 PEx = $7.53 PPS

$0.30 EPS x 20 PEx = $6.00 PPS

Slide 16... http://b2icontent.irpass.cc/2086%2F148305.pdf?AWSAccessKeyId=1Y51NDPSZK99KT3F8VG2&Expires=1384295310&Signature=PsrZkDmoRLLtp2uRFjqsn6mKCZk%3D