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Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its platform-as-a-service business model is centered around wirelessly enabled mobile data collectors which forms the foundation of its data company evolution. It engineers, manufactures and distributes high-definition mobile video and data solutions for a range of markets including school districts, law enforcement, public transit authorities, as well as the United States military. Its video management and video analytics software may be used in mobile or desktop applications for managing video evidence of incidents. Its solutions include Purchek, Business Intelligence, CartControl and CartManager Ultra.


TSXV:GSI - Post by User

Comment by Ciaoon May 22, 2021 5:15pm
182 Views
Post# 33254508

RE:RE:RE:RE RE RE: Dirt cheap

RE:RE:RE:RE RE RE: Dirt cheap I was there at those .10 days where the promise of stop arm ticketing and revenue sharing failed to matrerialize.  When GSI pivoted and bought Spector Logistics to get access to SEPTA contracts, that made the shares extremely undervalued for a short time after which the share price advanced.

Now stop arm systems, TIMS activity is gaining traction, until enough contracts are announced to bridge the orignial SEPTA contract that has been fulfilled (beyond the $11.5M over 5 years) don't expect the share price to advance nor scream that it is undervalued. It's fairly valued here and that's what Mr. Market is saying.  If significant contracts (esp. rev sharing, however, I don't see that happening) get realized and if PAAS / AI / data analytics on the software side gets sold with hardware (so there is visibility for recurring revenues) then it becomes undervalued if the share price remains in the .80's.

You can talk about relative valuations, esp. wrt REKOR which was over valued and his correcting, but in terms absolute valuations, it looks fairly valued here. 


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