RE:RE:RE:RE:RE:RE:RE:Buy, Hold & Pro$per.. Ranman,
this stock is one to keep a long eye with.
I never know the motives of some that troll. Calling out a company with significant growth,
zero debt, cash in bank, 4 million in receivables (cash owed to them), in a market that is exploding for growth.
The USA expansion for 300k (less after claw backs) that has to date produced over 21 million dollars was an amazing move and circumvented the Buy USA protectionism.
The trade tariffs imposed on China by the USA has cut the company's gross margin by more than 4% to date yet its still profitable.
The recent trade deal will restore this again providing further profit.
The recent, REOCCURRING, service contract provides millions yearly.
Septa is showing their desire to grow GSI's relationship. The last contract was train's. Next come rubber (buses) as most cameras are 10-20 years old. This would be greater revenues than the trains given the fleet size. Probably 18-21 million.
Then there is other larger state transit authorities. NY uses the same cameras and system and septa. GSI is proving they can manage this system. Who knows where that goes but NY is 10000 buses versus 3000 in septa....
The trolls never provide any real
insight or background research. Just state random dumb things and hope it sticks.
Anyone with a history here can sight what I have just gone thru and see the profits on a long side.
hence the size of my position and why I will always but more with the dividends I receive monthly from other investments. ALWAYS. The potential for a double up is guaranteed. Possibly a unicorn 5-10X return.
Logically with no debt. Cash in bank. Reoccurring revenue. There is limited risk. Buy away. Buy away. Take the shares offered up. There is only 87.6 million available.