Replies to post #103095 on Koil Energy Solutions Inc. (KLNG)

[littlefish]

You do understand they had an operating loss last year, correct?

Operationally, about $1.5 million loss.

Not at all impressive although they had the $941K 1 time charge on the ERP project expensing of deferred costs so more like $0.5 mill operating loss.

If it weren't for their one time gain they would have had a net loss last year too.

I look at what operations are doing. I don't worry as much about one time gains and losses (as long as they are one time).

Management isn't screwing operations up now IMO although yes I think they were overcompensated last year given their losing operational performance. Pretty easy to make that call.
But that's the past.

I've been buying lately.

They COULD screw up like they have in the past but as of right now I think they are getting smarter- leaning down to a functional core with higher margins while maintaining their goodstanding relationships with customers.

Let's hope that line of thinking (lean) continues and becomes more pervasive going forward. The last thing we need is another big PIPE to go buy some private company again.


All IMO only. BTW, thanx for the info in your post. Provides some interesting relative perspective on the share price.