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Guestlogix Inc T.GXI.R



TSX:GXI.R - Post by User

Comment by pacer217on Jun 11, 2014 7:07pm
300 Views
Post# 22651357

RE:Meeting today

RE:Meeting todayYes, I attended the meeting. Not that many retailers there; maybe 15 who are not connected directly. Meeting was over in barely an hour. I asked a Q of Mr. Proud-- was he not worried about the huge growth of execs doing meetings via c. call and not flying as much. He is convinced there is so much explosion from China and area that will more than make up for reductions from N.A. Company now has 7 acct. execs for getting and closing deals. plus another 10+ sales mgrs. Company is working to add more OFF BOARD sales ( before and after flight- on ground day before and day after.) -- as compared to ON BOARD sales. Also working on more software clients as opposed to hardware, which has more profit margins. Gross asset value last six q's. is up 37% very steady solid growth; all looking good longer term.
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