RE:Money Mark's commentsCiao wrote: 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
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 shareholders in mind and won't get conned into a bad financing. Sooner or later he probably has to do one as it relates to a larger contract, but who knows what DD has up his sleeve and certainly not at these levels.
Like most here. I really, really want to see GateKeeper secure another big player like Septa. Alstom train looks very interesting as well. In the meantime let the financials do the talking, should be early next week.