Gatekeeper Systems Inc V.GSI

ALPR

[Ciao]

ALPR is coming to my city.

https://www.peelpolice.ca/Modules/News/index.aspx?newsId=10591322-c23c-4dc8-8640-a5413bbaec3d

No idea who is providing the hardware and software. The article reminded me of REKOR as they were working on ALPR. REKOR just announced earnings a few days ago. Their valuation is $175M USD with the financials as follows: rev. of $24M USD over the past 9 months, loss of $34M USD with $2.4M USD cash at end of Q2. They do have CAGR of 268% from 2018 - 2022. That's a very generous valuation compared to GSI.

[ramman1]

With the information given here,although there are  no contracts announced, my only worry would be the weakness in GSI sales staff, and in particular, one person  ''signing authority'' to win sizeable contracts .--------  That's also , of course,  not certain, as much could be going on behind the scenes in various areas of  GSI which are not yet

[alkyd]

how do you know they do not have signing ability? thx

[ramman1]

Rather than calling bus operators all over N/A ,don't need two to do that  ,don't waste your money,(concentrate on all  the positives), contemplate possibly buying a few  more shares  at these levels . --  Great products,growing industry with AI and general security monitoring, ALE ,high revenue growth ,very low debt ,good ROCE numbers,solid customers ,good margins