Yeah the debt in the SPVs is pretty hard to quantify, and whilst...

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mrriesq

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27/08/24

10:50

Post #: 75390755
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Originally posted by ROEROC: ↑

Got to be careful with these analysts and their recommendation, IML picked KLS in 2023 and now it in the @!#!@
these guys love to plug out the EBITDA numbers, it really meaningless if they dont put in other context with other metrics

it seems likes these analysts just selectively picked up a large number to make it look impressive and pump the stock

The true is KLS stuffed up big time with grow by acquisition by looking at the number
the bigger they get, the bigger the debt pile they acquire, the lower the return all around
I be very weary entering this stock from here, balance sheet will no doubt come up at some point because of their ever-growing debt pile

I say it probably approaching a 1bn combining all the debt in FY25 and that going to be question by the market

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Yeah the debt in the SPVs is pretty hard to quantify, and whilst it is non-recourse to the company, it still takes a lick out of potential earnings.

Interest/ND was running at about 6.7%, but assume that's probably into the 8%/9% on average debt.

KLS Price at posting: $3.95 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $3.16		Change -0.020(0.63%)		Mkt cap ! $858.0M

Open	High	Low	Value	Volume
$3.21	$3.31	$3.16	$10.11M	3.177M

Buyers (Bids)

No.	Vol.	Price($)
2	3773	$3.16

Sellers (Offers)

Price($)	Vol.	No.
$3.20	55844	4

View Market Depth

No.	Vol.	Price($)
2	3773	3.160
4	73709	3.150
6	44852	3.140
1	7408	3.130
2	5423	3.120

Price($)	Vol.	No.
3.200	55844	4
3.210	7408	1
3.220	14719	4
3.240	24933	2
3.290	100	1

Last trade - 16.10pm 17/06/2025 (20 minute delay)

KLS (ASX) Chart

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