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Tuesday, March 18, 2014

Guestlogix Inc. - Price Target $2.75 $GXI

GuestLogix Inc. (TSX:GXI) provides onboard store technology and retail solutions that enable passenger travel operators to process ancillary revenue transactions on a global basis. Through its onboard store technology platform, the Company helps its clients create, operate and manage their own branded onboard stores.


 Some positive points to consider;
  • Large expenditures related to outfitting clients with POS equipment are behind them;
  • Corporate rebranding strategy launched this March;
  • 2013 Q1 - Q3 show revenue or approx $21M and an estimated $33M total revenue for 2013.
  • Estimated 32% jump in 2013 revenue when compared to 2012.
  • Multiple income streams from several partnerships with transportation providers, including rail, bus and air travel.
  • Unparallelled penetration into the air travel market.
  • Earnings report scheduled for March 24, 2014
Its OnTouch Ground Connections is a destination-based transfers from airport; OnTouch Box Office, which include destination-based entertainment and attractions, and OnTouch Destination Deals, which is a white-label deal marketplace for airlines with time-sensitive destination-based deals to travelers through mobile devices. The Company’s subsidiaries include GuestLogix Europe Limited, GuestLogix CCS Inc. and GuestLogix Asia Pacific Limited. In September 2012, it acquired Initium Onboard. Stockpickersweekly Owns This Stock!