Replies to post #63251 on Koil Energy Solutions Inc. (KLNG)

[xZx]

excellent work, bud fox -- i'm looking forward to checking this out.... you and DR can have a contest now to see whose numbers are closest. :)

[xZx]

hey bud -- i notice you lopped off a full 40% on the YoY growth rate for 09 and the pps targets are still through the roof. way to go. keep the estimates conservative, and prepare to be very surprised by DPDW.

considering we might see a second acquisition in 2008, looks like we're going to easily bust $3 this year imo.

thank you for your hard work.

http://www.keepandshare.com/doc/view.php?id=555433&da=y

[JoeSmith]

Great work there Bud! Now this is the numbers conversation piece so many have been asking for. We should have some good discussions on the board now about these numbers and projections.

Blue + Yellow = Green
kinda catchy

[Sulphur Mt.]

BUD, thank you for this up date. maybe small potatoes, but distributorship of Hach Ultra's (a wholly owned subsidiary of Danaher Corporation, NYSE DHR), highly advanced GlyCount(TM) liquid particle counter and Portable Oil Diagnostic System (PODS), might add to your estimates as well.

[MossyOak]

Very strong Bud, as always appreciate your hard work!!

[odinpinetree]

good job Bud,............. conserative is fine by me.


know I shouldnt, but using the numbers to calculate when I I'll be doing this.

[SageWise]

BUD F0X, Thanks for putting this together. Yellow and blue, our favorite deep sea colors = green - I love it! Flotec growth at 20% is definitely conservative and I realize you've kept it intentionally low in the absence of guidance.

"Flotation Technologies has since expanded into a 45,000 square foot facility in the Biddeford Industrial Park. At the new facility the company installed state-of-the-art automated production equipment allowing Flotation Technologies to triple its production capacity. The new space also has options to accommodate future growth. The increase in production seen from this expansion will enable Flotation Technologies to grow its staff by 50 percent by the end of the year." (end of 2007)

Based on this (and using your DCF model), 50% (say) growth on Flotec would put us at $3 for this year. Obviously you've kept other rates conservative too - so there are a number of ways for fair value to be at $3 this year. Of course, Dahlman Rose already thinks $2.50 is a fair value with no Flotec figured in. And the story gets more impressive looking a couple of years down the road. Thanks again for updating this model - much appreciated!