TSE:GPS

BSM Technologies (GPS.TO)

1.39
-0.00 (0.00%)
as of Jun 5, 2019, 8:00:00 pm Market Open.
8 watching
0
TOP PICK

Global Positioning Technology. The new major theme in technological innovations is sensors. In this case, they are sensors on fleets of vehicles. Rail cars, for example, where they can tell the company how fast a railcar is going around certain corners, and how they can improve efficiencies. They can also tell whether a car is going to breach soon. This is incredibly powerful information for fleet operators. This can be trucking fleets, rental cars and they can see in real time how everything is.

BUY

GPS that tracks commercial vehicles. Company has done well. Earnings are expected to grow from $0.10 in the Sept/13 year, by almost 60% $0.16 in Sept/14. Compared to the present stock price, that gives you a 14-15 times multiple.

COMMENT
Did a recent financing. Extreme high security such as armoured trucks. Monitors not only where it is, when doors open, which ones and for how long, etc. Good opportunities.
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