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 [...]

Companies Agree to 28-Day Window for DVD and Blu-ray Titles
BURBANK, Calif. & OAKBROOK TERRACE, Ill., Feb 16, 2010 (BUSINESS WIRE) — Warner Bros. Home Entertainment Group and redbox today announced a new multi-year distribution agreement that will make Warner Bros. new [...]

NCR ($2 Billion Mkt Cap)manages ATM’s and is also rolling out DVD Kiosks.   NCR is trading at 20x forward EPS.  Wait a minute….that’s exactly what GAXC ($20 Million Mkt Cap) is doing and it is trading at 6-7x forward EPS.  Once GAXC rolls out a material number of DVD kiosks 400-500, I believe it will [...]

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 [...]

- Macpherson’s proven experience with DVD and other consumer self-service kiosks strengthens aggressive Global Axcess initiative -
JACKSONVILLE, Fla., Jan. 26 /PRNewswire-FirstCall/ — Global Axcess Corp (OTC Bulletin Board: GAXC; the “Company”), an independent provider of self-service kiosk solutions, today announced that industry veteran Michele Dundas Macpherson has been retained as a consultant for driving demand [...]

Blockbuster moved even closer to BK  after forecasting a ~$200m net loss for the year.  This further illustrates the the turn in dvd distribution from brick and mortar to kiosk.  Redbox also announced that they will be taking a second pound of flesh out of the wounded Blockbuster by rolling out video game kiosks.  I [...]

I’m writing this update from the Jacksonville Airport.  I spent a couple hours last night with Global Axcess CEO/CFO.  I’ve been buying a lot of stock here in the 70’s-80’s and 90 cent price range.  The management team is one of the most professional I’ve encountered.  They are always brutally honest and never ever pumpy [...]

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 [...]

2009 has been a really good year, but I believe 2010 will be even better. The overall markets may be a bit top heavy but I believe the Russell (micro/small caps) will outperform the major averges. I am going to start off 2010 the way I finished 2009..WORKING. I’m traveling the first [...]

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 [...]