Posted in June 25, 2010 ¬ 8:06 amh.iancassel
I had dinner with George McQuain, CEO of GAXC, last night. I wish I could report back anything new, but I can’t which I view as a good thing because they are basically doing what I thought they were doing The recently announced bank line with Fifth Third Bank will be used to [...]
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Posted in May 29, 2010 ¬ 2:36 pmh.iancassel
As economic fears drive gold prices to new highs, the creator of a gold-dispensing ATM is attracting attention around the globe.
Germany-based GOLD to go, which is currently churning out 50 gold machines a month to meet a recent jump in demand, launched its first ATM in Abu Dhabi’s Emirates Palace Hotel earlier this month and [...]
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Posted in March 3, 2010 ¬ 8:40 pmh.iancassel
GAXC reported their Q4/ Year End 2009 results yesterday after the close and also had their conference call this morning. I’m not going to get into Q4 results that much because you can read it for yourself. I was paying more attention to guidance, RP (request for proposal count) for ATM and DVD, and any [...]
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Posted in March 2, 2010 ¬ 4:55 pmh.iancassel
-Quarterly Revenue, Gross Profit, Gross Margin and Net Income Increase -
-Record Net Income for the Year of $2.8 Million Included Recognition of Deferred Tax Assets of $1.3 Million; Net Income Excluding Tax Benefit is a Record $1.5 Million -
Global Axcess Corp (OTC Bulletin Board: GAXC; the “Company”), an independent provider of self-service kiosk solutions, today [...]
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Posted in February 25, 2010 ¬ 6:53 pmh.iancassel
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View the full GAXC chart at Wikinvest
Global Axcess (GAXC) will be reporting their Q4 2009 earnings next week. The numbers shouldn’t be surprising as it should be close to what they did in Q3 2009 even [...]
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Posted in February 8, 2010 ¬ 5:42 pmh.iancassel
2010 Guidance Provided; Revenue Growth of 2% to 5%; GAAP Earnings Per Share of $0.41 – $0.51
Baird analyst Reik W. Read upgraded NCR to “Outperform” from “Neutral” and raised his target price to $17 from $12.
My Comment: NCR at $12/share is trading at 20-30x FY 2010 EPS estimate. GAXC is trading at 7x [...]
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