MoneyMax101 | Knutsford Express (KEX) Feb 2020 (Q3) Earnings Review

Knutsford Express (KEX) Feb 2020 (Q3) Earnings Review – YTD Profit Down. Debt, Expenses Grow

Knutsford Express Services Ltd (KEX) recently reported their February 2020 (Q3) results. Here are the highlights.

This is just a summary, but for more charts, ratios and other details visit KEX’s page here

Year To Date (2020Q3)

Net Revenue totaled $925.23m. Up by 9.89% or 83.30m YTD YoY.
Jamaica earns 98% of total revenue (from 94% of assets). Revenue from USA segment is not enough to cover its expenses… but it’s growing (also growing at a faster rate than JA)

This content requires an Investor Account or higher.

#KEX down big time today. At the start of the month it was at $10 and traded at high as $11.20. Albeit overvalued. JMMBGL rated it as a SELL a few weeks ago.

Seems it gonna close around $5 / $6 today

@Stephen / Thu Mar 26, 2020 12:12 pm
#ECL and #DCOVE as well, will likely see some fall out following this….. possibly even #KEX might have some level exposure

@Adgez / Wed Mar 18, 2020 07:28 pm
And sold off #KEX, #CPJ, #RJR and #SIL last week. Not my personal portfolio

@Stephen / Mon Feb 24, 2020 01:42 pm
Finally some expansion. Now, this is what I’m talking about.

May Pen next month and 3 more locations this year
#KEX

@Stephen / Fri Jan 17, 2020 10:25 am
Also unimpressive. I rem when #KEX was the hottest thing. When NCBFG bought and made a killing and then PROVEN. At that time they were really growing, now revenue is only up +7% and profit is down -50%. I’m wondering if they need something new…

@Stephen / Tue Jan 14, 2020 10:14 am

This entry was posted in Earnings. Bookmark the permalink.