Post by
ronron on Feb 07, 2024 8:51am
Market cap is still tiny at 65 million
Was looking at other tickers on the TSX.V, we still have a slightly lower market cap than FLT.V which has been burning cash since inception
If GSI.V can demonstrate more consistency, 5x revenues seem reasonable to me given the increasing gross margin and growth. As of now and even at its ATH of $1.43, only a tiny portion of the growth is priced in, never mind any of the blue sky hopes and dreams that our closest counterpart on NYSE (REKR) seems to thrive on
glad I had the confidence to average down through our rough times. I remember thinking the asks are so thin and getting cleared so fast even with my tiny $$$ so I wasn't as greedy/confident as I should have been, but eh hindsight 20/20 whatever
Comment by
TheProphetElijah on Feb 07, 2024 8:57am
Does anyone know if this is a good time to get into GSI? Or is it over valued at this price. EVMT could be the next GSI, get ready.
Comment by
Ciao on Feb 07, 2024 9:05am
Now is good, sell your EVMT and buy GSI...LOL
Comment by
TheProphetElijah on Feb 07, 2024 9:08am
EVMT had $19m rev and $3m net income last Q and only a fraction of the mkt cap of GSI - what to do what to do?!
Comment by
Ciao on Feb 07, 2024 9:21am
It's the quality of earnings that is important. They lost $1M from operations but had special gains so it was positive for the quarter.