Stockchase Opinions

Alex Ruus VendTek Systems Inc. VSI.H-X HOLD Jun 16, 2014

A speculative, very illiquid situation. If you are willing to hold your position, you will probably make money. Have 2 businesses, one in Canada. There is a good opportunity in the next year that the businesses are going to be separated and sold off, and you end up with something in the $0.20 range maybe.

$0.110

Stock price when the opinion was issued

computer software processing
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Software for prepaid cards backbone for electronic commerce. Has quite a ways to run.
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Expects to see some movement in the stock in the next week or two because of a road show they did in the US. Also expanding into the international space. Could do $0.09 to $.15 in earnings over the next 12 months.
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Sell preloaded cards for cell phones, etc. just signed a significant agreement with Payment Alliance in the US. Distribute their software services in China. Revenues over the first 9 months 2007 were up about 50% to $60 million. 7 consecutive quarters of profitability. Likes where it has positioned itself for 1 to 2 years out.
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Have software and systems that enable prepaid goods and services to be sold over networks. Perfect small cap for this environment because it is so cheap and growing so rapidly. Should do $120 million to $150 million revenue this year on a $38 billion market cap. Expanding into the US.
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E-commerce and prepaid cards. Very exciting small-cap company. Very undervalued. Operates globally.
TOP PICK
Software developer. Prepaid distribution networks in Canada and have just expanded into the US. Revenue generation should start in the US now. Should generate $.08 in earnings over the next 12 months followed by possibly $.15.