Gatekeeper Share Discussion Threads

[scburbs] 11/7/2006 11:28

Another 410,000 shares picked up by FORUM European Smallcaps GmbH. Nice to see an insititutional investor building a significant stake (now 6.9%).

[arthurly] 07/7/2006 16:57

If the quality of an investment can be measured by the number of bb posts on an inverse basis, this must be a good investment !

[planetgong] 03/7/2006 09:59

a vote of confidence at 42p (?) mark.

[arthurly] 28/6/2006 15:31

cheap as chips now imho. Just to remind anyone thinking of buying in that this will not just be a cart containment company in the future. A lot of work has been done re new diversified products due to be launched by the end of the year.

And from the company website :

FUTURE
The spirit of innovation on which the company was founded remains the driving force behind our evolving technology. Gatekeeper is dedicated to enhancing the GS Technology Platform to deliver a broader range of products to our existing customer base.

But the vision doesn't stop there. Our continuing development in the arena of mobile asset tracking and containment will result in revolutionary new solutions that appeal to a diverse group of industries. From today's market-leading cart containment and cart-based shoplifting prevention solutions, to the future of real-time asset tracking and management, Gatekeeper will continue to develop tomorrow's technology for today's industry.

[arthurly] 23/6/2006 16:05

Big trades again. Shuffling from one Inst to another ?

[unionhall] 18/6/2006 15:55

great articles.....

very good continuing pr....

[arthurly] 18/6/2006 12:33

Couple of new articles on the Gatekeeper site - here's one :


Friday, June 9, 2006

New technology will put the brakes on shopping cart theft at one Golden Gate shopping center thanks to the new Gatekeeper program at Kash and Karry. Community leaders couldn't be happier.

"It's a major leap from the many years we have been wrangling with the issue of abandoned shopping carts around town," says Golden Gate Community Oriented Policing Deputy Rob Capizzi.

"We've tried just about everything from drafting legislation to organizing our own cart collections through the community and nothing has worked. This is a walking community. As the population grows, so does the problem, and we just couldn't seem to get our arms around it."

According to store manager Marion Orr, sensors around the perimeter of the store will cause the wheels to lock if users attempt to take the cart off-site.

Orr says the decision to install the system was based on citizen complaints on abandoned carts, staff time spent to address the problem and store losses due to cart theft.

"I've talked with residents who were concerned with carts all over their neighborhoods," he said. "It doesn't look good. We've been sending an associate out two times a week to drive around and collect the carts. It takes about two hours. That's a lot of time and there are also liability concerns. It makes more sense in the long run to spend the money and get a better system in place."

Orr estimates his store was losing up to 80 shopping carts a month. At $150-$200 a cart, that adds up to a potential loss of $16,000 a month.

By installing the new $20,000 system, he predicts the store will quickly see the benefit.

Capizzi hopes that kind of savings will encourage other local retailers to follow suit.

"Since Kash and Karry has taken the forefront, we need the others to get on board," he says. "If this is successful, it will really improve the appearance of the community."

K-Mart manager Mary Bullock said she knew of the program, but could not speak on behalf of the corporation. K-Mart shares the same shopping plaza with Kash and Karry. Company representatives of Sears Holding Corp., which owns K-Mart, did not return the Citizen's phone calls.

Golden Gate Winn Dixie manager Kurt Bossi says the concept sounds "too good to be true.""If it works, it's something we need to look at," he said. "I'll definitely pass the information on to my supervisors." Orr first utilized the Gatekeeper program while managing a Food Lion store in Maryland, in a "pedestrian community" similar to Golden Gate.

He transferred to the Naples area to oversee the conversion of the Kash and Karry into a Sweetbay Supermarket, which will hold its grand opening on June 24.

Orr says he has not had any negative comments on the Gatekeeper program since it began three weeks ago, but says he understands there will be customers who rely on being able to transport their groceries with the store's carts.

To address the problem, he is considering giving away small, personal, foldable carts during the store's grand opening.

"I think more people will be happy about it than those who will be unhappy," he says. "The only comments I've received were from three ladies, who were happy and thanked me for having it."

The cart program is one of several improvements to the store under its new name and expansion, which will include a larger selection of produce, seafood, breads, fresh bakery goods, and deli items. Orr said the Golden Gate store will mirror the selection of the new Sweetbay at Vanderbilt Road and Collier Boulevard with the exception of the two magnolia trees in the produce section.

"They are very popular with customers," Orr said of the trees. "That store was built from the ground up so the plantings were included in the design. This was a conversion to an existing store so it would have been very expensive to add the magnolia trees."

[planetgong] 14/6/2006 12:10

Some big trades today:
100000 43p
50000 42p

[arthurly] 26/5/2006 09:00

True DaveMAC - I reckon we'll find out in about 6 months - unless they say something at the interims.

[davemac3] 25/5/2006 21:19

Maybe, but they could also have a luggage trolley which wouldn't be nearly as lucrative

[masurenguy] 25/5/2006 19:02

I think that he has reasonably deduced this from their participation in the Conference that he has featured in post #204

[davemac3] 25/5/2006 18:55

Thanks for that Arthurly, has it been stated anywhere that GKR are developing an RFID system to track luggage through airports? what a huge market that would be!
DM

[arthurly] 24/5/2006 13:14

And another thought : In H1 last year they spent $0.9m on r and d - up from $0.3m the previous year. Only $0.1m was capitalised - I reckon final work on GS2 wheel. Would mean that all the rest is on new products where you can't capitalise it (must write it off to P/L) as you cannot reliably forecast that the expenditure will result in profitable products etc). Say the same sort of figures for H2. Really if they'd just wanted to chug along in the same business they may have spent $1.0m+ less in the year on r and d and therefore reported a pretax profit of $3.6m+ (v $1.2m). Would have seemed a lot more impressive and maybe the share price higher now. But we may well be getting the benefits next year with new products such as a baggage handling RFID product ! Released just before the start of 2007 - the year many are predicting a huge lift off for RFID.

And another thought - H1 turnover only 40% up last year, H2 80% up on previous year. So H1 this year likely to be a big % higher (maybe 80%+) than last year. Likely to turn last year's $0.8m loss into a profit. (unlike IND Willie where their H2 is a much harder comparison !)

[arthurly] 24/5/2006 12:53

Belated thanks, folks.

Should have noticed this ages ago on GKR's site - gives a clue to at least one product to be released towards the end of the year (and demonstrates that its not just about supermarkets - they want to diversify their RFID technology) -



• 10th International Passenger Terminal Expo 2006 Conference and Exhibition
WHEN: February 21-23, 2006
WHERE: Paris, France at the PARIS-NORD Villepinte Exhibition Centre, Hall 2
BOOTH #8340

Recognised as one of the world's leading events for airport passenger terminal technology, security, design, operations and management. Passenger Terminal Expo attracts key decision makers and senior executives from the airport and airline industries.

The 2005 event was the most successful event to date with 2,500 attendees from over 150 airport authorities and 69 airlines. Do not miss Passenger Terminal Expo 2006 - it will be our biggest and most influential event ever!

The exhibition will feature the following topics:
• Baggage handling, systems and screening
• Interior products, services and technology
• IT, systems and wireless networking
• Master planning, architecture and construction
• Passenger check-in, processing and immigration
• Security systems, products and services

[masurenguy] 20/5/2006 18:31

Agree - very difficult to figure out what that trade was on Friday since it didn't move the share price at all.

GKR is down 10% from the open on May 11th when the current drop commemenced which mirrors the overall fall on AIM. Shares are currently priced as at the December 04 IPO yet sales and profits have doubled since then.

[williemanjaro] 20/5/2006 18:11

Arthurly-a difficult week to interpret trades due to the extreme volatility.

Share volumes have doubtless been exaggerated by margin call covering. Glad I don't play that game!

-I would assume that if this was a distressed seller-he/they got a pretty good price-with stocks taking a pounding this had hardly come off.
A birdie from two, three weeks ago told me that someone was looking for a substantial amount of stock. This however doesn't mean much if the stock isn`t there and the buyer can walk away. Maybe the buyer got lucky yesterday?

The clues may be in next weeks performance...

[arthurly] 20/5/2006 10:16

Well someone's bought or sold about 5% of the free shares in the company. Not at all sure what's going on.

[masurenguy] 12/5/2006 18:31

My broker shows it as a buy at 52p. However there were both buys and sells at 52p today so it could be either. Since the price slipped back a couple of pence today it was probably a sell.

[kidney] 12/5/2006 17:52

Was that a massive buy as shown on my screen or a sell?Either way,the share price slipped...what next???

[its the oxman] 05/5/2006 08:34

market maker buy, now 56 offered

[planetgong] 04/5/2006 17:44

a mention in Shares magazine today;

" a unique company with strong growth prospects"

and the current Seymour Pierce price target is 65p


ps the trade at 56p may have been an "at market" order; I got stiffed in the same way a while back. Now I mentally translate " at market" to mean "I'm willing to pay ANYTHING...."

[williemanjaro] 04/5/2006 16:24

Another thumping volume day -another 450,000 ticks thru ;o)

[unionhall] 04/5/2006 15:30

When I spoke to the FD some time ago he mentioned they expected to be in the UK around results time and doing a road-show to raise awareness.
I don't know if they did so as I don't move in those circles but it could explain the continuing strength and pretty significant trades.

[arthurly] 04/5/2006 15:25

Thanks scburbs. Some funny old transactions been going through. 25k purchased at 56p earlier - someone must have been desperate to get hold of some stock. Now we have 500k at 52.5p presumably a buy - unless its a sell and there's an even bigger buy coming through later ? Whatever. Someone really likes this share and buying that sort of size probably means they know something we don't ?