Gatekeeper Systems Inc V.GSI

SEPTA's Budget - Vehicle Purchases & Vehicle Upgrades

[Steady77]

In SEPTA's capital budget for the year ending June, 2022 (from July 1st, 2021 to June 30th, 2022), it highlights the following amounts for new vehicle (bus & rail) purchases and existing vehicle upgrades:

Year Ended:

June, 2022 - $160 Million
June, 2023 - $257 Million
June, 2024 - $198 Million
June, 2025 - $204 Million
June, 2026 - $205 Million

Total Next 5 Years - $1.024 Billion

June, 2027 to June, 2033 - $1.513 Billion

Total - $2.537 Billion

[Steady77]

Just one example - SEPTA is in the process of buying 40-Foot Low-Floor Diesel Electric Hybrid Buses now.  These new vehicles will need cameras & video recording systems.  Some upgraded vehicles will need them too.  GSI is looking to get more into the AI side of managing all of the data as well.  There are excellent margins in that side of the business.  

[Tropicalsun]

Steady77, great information, it sounds good, but we need to see a contract of some sort announced in order to really move the needle. Quarterly numbers due out by month's end, the jury is still out on what to expect on the financial side. Now would be a great time for DD to throw out a nice surprise.

[Steady77]

GSI will get the contracts.  In his most recent interview on June 30th, here are some of CEO Doug Dyment's comments (link below): We wanna grow this company to the next level of revenue.  If we are successful in executing on 3 or 4 or 5 things in our sales funnel, then that's gonna happen. A key is to increase revenue per vehicle by finding new ways to monetize the data we are

[TopStockBuy]

Thanks for posting this interview.  I listened to it a while back but reading it sure gives a different perspective.  This interview should alleviate any doubts investors still have.  He's answered all our questions and told us what we should be focusing on.  If we all knew what was in that sales funnel, this stock would not be trading below a dollar.  Investors want

[Cordie]

Excellent post! Thanks for doing that. Get's me excited that's for sure. I've been invested with this comapny since the very beginning.