INXSF / INX.V is a rapidly growing marketing data collection company and is my second largest holding. I think it has excellent odds to be a multi-bagger over the next year and a 10+ bagger over the next 2.5 years. It trades in Canada as INX.V and in the US at INXSF. Here are some reasons why I am very bullish:
1. Revenue has been growing rapidly over many years:
2005 $1,684,290
2006 $3,632,304
2007 $5,060,576
2008 $5,914,814
2009 $5,479,081
2010 $5,893,125
2011 $8,930,735
2012 They are guiding for 25% revenue growth over 2011 but they are ultra conservative and likely will greatly exceed that.
2. The stock is very cheap relative to Q2 earnings of $0.018/share after-tax and $0.024/share before tax. 2012 diluted after-tax EPS should be in the range of $0.06-$0.08 and I expect 2013 to be a significant improvement from there. While it is a bit early, my model currently suggests 2013 diluted after-tax EPS of $0.12-$0.14.
3. They are expanding into mobile apps which is a big part of their growth initiative.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63379561
4. They have a history of successful acquisitions which provides significant upside potential. They have been looking for additional acquisitions but are patiently waiting for the right one.
5. Insiders have been buying:
Jun 15/12 Jun 13/12 Watt, Cameron James Direct Ownership Common Shares 10 - Acquisition in the public market 8,000 $0.350
Jun 8/12 Jun 6/12 Watt, Cameron James Control or Direction Common Shares 10 - Acquisition in the public market 14,000 $0.330
Jun 7/12 Jun 5/12 Watt, Cameron James Direct Ownership Common Shares 10 - Acquisition in the public market 30,000 $0.320
Jun 7/12 Jun 4/12 Watt, Cameron James Direct Ownership Common Shares 10 - Acquisition in the public market 22,500 $0.310
Jun 8/12 Jun 5/03 Watt, Cameron James Control or Direction Common Shares 10 - Acquisition in the public market 40,000 $0.340
Dec 2/11 Dec 2/11 Pretli, George Direct Ownership Common Shares 10 - Acquisition in the public market 6,000 $0.305
Nov 10/11 Nov 8/11 Watt, Cameron James Direct Ownership Common Shares 10 - Acquisition in the public market 3,000 $0.340
Nov 10/11 Nov 8/11 Watt, Cameron James Direct Ownership Common Shares 10 - Acquisition in the public market 36,000 $0.340
Nov 10/11 Nov 8/11 Watt, Cameron James Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.335
Nov 10/11 Nov 8/11 Watt, Cameron James Direct Ownership Common Shares 10 - Acquisition in the public market 8,000 $0.330
6. Their customers include a large number of blue chip companies some of which include the following:
Sprint, Best Buy, Victoria's Secret, Toyota, GM, Mazda, Ford, Pizza Hut, Staples, and BJ's
http://www.intouchinsight.com/industry
In-Touch provides integrated solutions for custom data capture and mobile marketing solutions for global enterprise customers. You can learn more about In-Touch Survey Systems here:
http://www.intouchinsight.com/
The INX.V / INXSF board is located here:
http://investorshub.advfn.com/boards/board.aspx?board_id=11816
