Gatekeeper Share Discussion Threads

[scburbs] 02/5/2006 16:57

Great posts Arthurly. Nice to see this one moving north again after the temporary pause.

Please can anyone who has purchased since the crest announcement confirm whether they suffered stamp duty as I believe the main downside of crest is the need to charge stamp duty.

Overall the crest move is a very positive one. Once the stock came to my attention I tried to buy shares with my existing providers Halifax Online and Squaregain, but neither offered the stock.

Luckily with the advice of those on the board I got a TDW account and bought £10k at 36.75p and £5k at 41p both of which are nicely in profit, but I think there is much more to come. However, I was put off by the fact that the company was thinly traded and wasn't in crest as it doesn't seem right for a company to restrict the liquidity of its shares in this manner. Hopefully the increasing liquidity will help more people become aware of the stock and trigger a move to a more appropriate rating and certainly in the short term a move to a new all time high after all the progress the company has made (target looks to be c.60p from the chart).

[mikehardman] 02/5/2006 15:52

7-9may06 = FMI Show, Chicago
Food Marketing Institute's supermarket convention - the largest event of its kind in the world
[pertains to SC., too]

[arthurly] 02/5/2006 15:48

Must be some big buyer lurking behind the scenes imho. Probably the same as purchased 2*200k at 51p when the full offer was 50p.

[unionhall] 02/5/2006 12:55

It's a nice banker to offset the volatility of the resource sector.

[its the oxman] 02/5/2006 12:52

making decent money on these since i bought almost a year ago - good things come to those that wait - sometimes i guess. hoping for a bigger rise again over the next 12 months - would be nice to break clear of 50p.

[arthurly] 30/4/2006 12:05

One reason why I'm confident about GKR is that it is likely to be able to grow at very high rates for a number of years to come, based on an increasing portfolio of products.

1. Last year, most turnover and profit came from the GS and GS2 wheel (most from the latter I would think.

2. Now purcheckTM (the only solution of its kind on the market), launched in 2004, seems to have almost been withdrawn pending a re-design to bring in line with the new wheel. The redesign has been trialed in several supermarkets in 2005 and should be relaunched this year (it may have already been relaunched). It works by combining a series of digital transmitters with the GS wheel to prevent shoplifters from pushing trolleys out of the shop. If a trolley does not pass through an attended checkout, it will lock at the exit, allowing the store to retain both its merchandise and its trolley without disrupting the rest of its customers.

The company estimates that the addition of purcheckTM could increase takeup
rates within a retail group's store estate to around 50%. For stores that
already utilise the GS System, the additional cost of implementing
purcheckTM is around $6,000, which makes for very cost effective solution to
push out shoplifting and a fairly simple sale for the company to make. For
stores that don't have a trolley containment system, the cost is around
$18,000. Now this product will have done few sales in 2005 but sales are likely to be very substantial in the future.



3. The purchase of Cart Caddy gives another product. Maybe only $2m sales this year but according to, I think, unionhall (?) after a conversation with one of the directors, the potential is for $10m a year sales and increasing profitability as production is moved to China.

4 and 5. likely at least 2 more products released before Christmas. One may be a Data Management product linked to the GS2 wheel. It may give info as to where trollies have been and also enable targeted advertising. May be able to add quite a lot of value with not much additional cost.

6. The company has longer term aspirations to use its RFID technology in other applications such as hospitals and airports.

[arthurly] 26/4/2006 08:48

Looks like management at last trying to help share price to where it should be. Now they need to start issuing more RNS's. Why wasn't the fact that they've got the exclusive Lidll contract reported in an RNS and not presumably waited until accounts issued ?

[typo56] 26/4/2006 07:27

Gatekeeper have today been admitted to CREST. No excuse for squaregain now.

[planetgong] 24/4/2006 21:09

no probs :-)

[mikehardman] 24/4/2006 19:19

planetgong - post 178 - no, no, no !
my fault -
I made a post on the wrong thread (here), then changed it to '- wrong thread -'
I've got no problem with your post at all!
sooo sorry to cause confusion !

[cockneyrebel] 24/4/2006 17:37

Comdirect seem to not trade them as they are not Crest I think. A 'proper broker' will trade them or most brokers in fact. I think it's just Comdirector and perhaps the other odd online outfit that might not trade them.

CR

[janeann] 24/4/2006 17:24

thanks arthurly...... just comdirect wont trade them. But TDW will i have since established

d

[arthurly] 24/4/2006 16:31

janeann - I think there are clauses in the Articles of Association ( or whatever they call them in the USA) saying in particular that you can't use the shares for hedging. Therefore can't use Crest.

E*Trade is fine - you can buy and sell as normal.

[janeann] 24/4/2006 16:20

hi - CR - i looked at the results this am and tried to buy but my dealer wouldn't let me as they had to traded electronically - any suggestions of who to use ? - and why they are non certificated?

thanks david

[planetgong] 24/4/2006 15:55

Hi Mike,

The numbers I gave do refer to gkr! I'd guess the broker is seymour pierce as I think no one else covers it. The 4.29 is eps estimated for 2006. I think the BPC may stand for british pounds cents????

Perhaps the 200k x 2 is buying ahead of broker's note? If anyone gets access to it perhaps they could email a copy to me?

[arthurly] 24/4/2006 14:32

2 * 200k at 51p ? Presumably two buys. A rollover would be at slightly different prices and presumably wouldn't be above offer anyway.

[mikehardman] 24/4/2006 14:10

- wrong thread -

[planetgong] 24/4/2006 11:51

square gain give one analyst estimate for 2006 as BPC 4.29 to give forward PE of 11.2 for stock with 100% pa growth!

[mikehardman] 24/4/2006 11:40

I'm afraid I'm one of the ones selling on the news, having bought on the tr.stmt. I freesliced my 23% net gain at 46p; happy with what I've got now, for now. Sold partly to meet settlements upcoming elsewhere; still bullish on GKR medium term. G.luck to recent buyers.

[affc21] 24/4/2006 11:09

Thanks for your thoughts CR,very much appreciated.

Must admit I did not like seeing the sells going through this morning,especialy with what I percieved to be decent results (I don't always get them right).

So at this stage I am just waiting for an updated brokers note.

[cockneyrebel] 24/4/2006 10:59

I suspect profit takers are the usual sell on news types.

But despite several sells the price has held firm and still at the opening price.

GKR tends to get the bulk of it's earnings in H2 so I guess the impatient might not be able to wait that long but I'll be holding mine I think. Still below placing price and RFID seems to be exciting people these days.

CR

[affc21] 24/4/2006 10:30

Must surely be due an upgraded brokers note (from SeymourPierce),especially with the comment from the CEO below:

Gatekeeper CEO Michael Lawler said, 'The first quarter of 2006 has proven to be the best first quarter ever in the company's history, and we feel very confident that we will continue to deliver on our growth strategy and performance goals.'

[williemanjaro] 24/4/2006 10:21

Arthurly -you have mail....

[affc21] 24/4/2006 10:12

I see that I was out by 1m usd,as regards the company's net cash position at Dec 31 2005 (from my workings out above in post 158).

"The company's net cash position at Dec 31 2005 remained strong at 7.9 mln usd, compared with 13.2 mln a year earlier".