INXSF.PK / INX.V is a potential multi-bagger and is my third largest holding. It trades in Canada as INX.V and via the pinksheets in the US at INXSF.PK. Here are some reasons why I am very bullish:
1. They made $0.025 in the third quarter. They are guiding for a 25% increase in revenue in 2011. I estimate that their guidance implies 2011 diluted EPS of $0.10+/share pre-tax. Per my estimate they are trading at a forward PE of well less than 3.
2. Insiders have been purchasing shares: Nov 25/10 Nov 23/10 Beutel, Eric Marshall Direct Ownership Common Shares 10 - Acquisition in the public market 210,000 $0.162 Oct 18/10 Oct 15/10 Gaffney, Michael John Direct Ownership Common Shares 10 - Acquisition in the public market 36,000 $0.080 Jun 07/10 Jun 07/10 Gaffney, Michael John Direct Ownership Common Shares 10 - Acquisition in the public market 7,500 $0.075 http://canadianinsider.com/coReport/allTransactions.php?ticker=inx
3. 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.intouchsurvey.com/Customers/
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.intouchsurvey.com/Company/