Gatekeeper Systems Inc V.GSI

Money Mark's comments

[Ciao]

His livestreams continue to be entertaining, his comments on GSI paraphrased below;

- attributed the selloff of 25% to dummies, called the selloff stupid
- re-iterated his 2024 growth of EPS to .09 from .03 in 2023
- deserves PE of 20 to 30 based on this tremendous earnings growth
- calls out target of $2.70 based o that 30 PE mulitple, can adjust his target once proof that .09 is attainable
- to explain the drop further, maybe market is down, someone didn't like his presentation at LD Micro
- said he knew the right type of questions to ask the CEO like he did, right answers gave .09 EPS
- maybe the idiots asked wrong questions, didn't lke the answers and sold
- he couldn't recall if he heard about GSI through his network or from a conference like LD Micro

Given that Q2 should be out by next week, we'll have a better picture of who the "dummies are vs. the geniuses"

If we stick with our EPS of .07 to .08, a PE of 20 is warranted as the PEG would still be under .2

[Tropicalsun]

Thanks for sharing Ciao, I hope that I am not a dummie for picking up what I believe to be some very well priced shares. Was not expecting that opportunity, but it came knocking and I answered the door quickly. I like the way Doug thinks and manages this company, he is also quite savy in how the market works in regards to the stock. I'm confident that he always has the best interests of his

[Ciao]

Not to disparage other investors whether on this board or others, but there are some that are afraid to see how Q2 2024 will compare to Q2 2023. Having taken the clues from Doug and doing the math on how the 6 month YTD or TTM EPS will look, I wouldn't say those that held on or bought on the 20 - 25% dip here are dummies. Unless of course some extraordinary event occurs or had occurred. If Q2

[1bananaman]

       "ROBUST" means strong and healthy, and DD has used that word to describe both Q1 and Q2! Probably haven't sold any because of that word, which meant 6.3 mil plus 3,5 mil for Septa, or 9.8 mil! Since using that word, Money Mark has endorsed the stock and moved it up and a data center of unknown value has been introduced. Would very much surprise me if Q2

[davewho]

with respect to the LA deal I suspect the LA negotiating team approached both companies for a sweeter deal. DD probably said we gave you our best price and let Hayden take the cut. The problem with taking a cut on the bid price is it then becomes public knowledge so you are basically hanging a sign on your door saying we are willing to re-negotiate all future contracts as well. Its not the

[Ciao]

What kind of customer does LA Transit portray itself on this ALE contract? 1) starts off relationship knowing that their vendor / partner will have no margins and will likely loose money 2) mistakes Gatekeeper Systems with the other Gatekeeper (retail theft) as they noted the address incorrectly with a Fontfill Ranch, Calif. address on their documentation

[RJunior22]

If GSI only gets the crumbs, how long can they expect to be around before investors give up on them. Is it a case of making a lower profit or taking a loss. Even if GSI has a better suite of products, it often just comes down to a question of price and since the competitors have deeper pockets, they will do all they can to get rid of the competition. Time will tell and hopefully GSI will win the

[Ciao]

One thing that should not be overlooked and is a consideration for granting a contract is the financial strength of a company.  It's easier to give a $10 - $20M contract to a company with a market cap of $100M than to one sitting at $50M.  IMHO, the sooner we hit the $100M number, the more likely we will get a 2nd tranist contract and the more likely we will see institutional

[ramman1]

Except 100 mil revenue is a long way away, unless we win that second large transit contract .  Hooking up Data Collectors  at a 30% growth rate , and a few school contracts  still keeps us under 100 mil for some time.  ---Steel Wheel , may be the key,  if things get rockin. Once again , need a lot more than 5 locomotives under contract .--All good but 100 mil is a long way

[Ciao]

Ah, I said $100M market cap...not $100M in rev.

[Ciao]

I recall that Doug had mentioned Q4 2023 was robust and we were disappointed that it came in at $7.5M. He gave another description for Q1 2024 which I don't recall, but it wasn't as exhuberent as robust and Q1 came in at $9.8M. I'm trying to decode what he meant above and have come to the conclusion that he was likely referring to the recurring business coming from existing customers

[kidl2]

Ciao: REALLY appreciate these Money Mark recaps. Please keep them coming. It saves me from an hour or more of listening to a rather unique,way too “loud” for my taste individual.