The Independent Investor

GAXC is a cash cow that is selling at only 4x EBITDA and 5x free cash flow (factors in maintenance capex). A friend of mine (iancassel.com) notified me about this company and I took a position in it at .69 only two weeks ago (current price: .87). They have over 4,000 atm’s nationwide and are becoming masters at cutting costs and improving the bottom line. Next year they expect organic growth within the ATM industry as well as leveraging their current customer relationships by entering the DVD Kiosk business (redbox dvd concept). The value of the atm business alone exceeds $1 per share, however, with growth estimates into next year this company has a lot of upside.