I’m a fan of round lots, so I bought a few thousand more shares last week which also brought my stake up to 4% of the company.  I continue to believe this quarter (Q1 2010) is going to be a big one for the company as the DVD kiosk initiative gets launched.  Currently, their ATM [...]

Transaction processors and ATM companies have received a lot of positive press this past week.  Barrons and AP both put out bullish articles on the industry and Global Axcess’s (GAXC) closest comparable, Cardtronics (CATM).
From Barrons Article: Transaction Processors See Some Action
For the month of December, group average 2009 and 2010 price/earnings multiples increased to 17.9 [...]

I find it very useful to invest in companies that reside in warm climates, especially during the cold spell we’ve had here in PA the last few days   I’m going to be visiting one of my large holdings, Global Axcess Corp (GAXC) and an investment/advisory client GelTech Solutions (GLTC).  Both companies are based [...]

Global Axcess Corp is currently trading at 4x Free Cash Flow, 10x 2009 EPS est (0.075 EPS), and 5x my 2010 EPS estimate (0.155 EPS).  If you take out the onetime charge in Q1 2009, GAXC is actually trading closer to 8x TTM EPS.  The stock is dirt cheap at 80c, and I will continue [...]

Comment:  This is a great read in regards to Global Axcess (GAXC).