It's all there in the SEC docs and prior PR's.
WMT went from a 2 yr $7M-$10M deal (midpoint $4.25M/yr) to a $13M-$14M 3 yr deal (midpoint $4.5M/yr). WalMart had 2 months remaining and still renewed at a higher rate. IDSY stated comms prices are down so that implies a big app price increase.
Knight had 1 yr left on their deal and still renewed. Even stated they added stuff. Why would they renew if not to add stuff?
The difference is Norm Ellis.
I don't care about short term price movements. Higher revenue will get a higher share price.
here is a little know fact about Knight. They renewed for 2 years last year. So why was there a need a renew now, only one year into the 2 year deal? They were sold new stuff at a higher rate. Norm sold them new stuff. Just like he got WalMart to renew 2 months earlier
last yrs news:
KNIGHT TRANSPORTATION EXTENDS CONTRACT WITH ASSET INTELLIGENCE FOR VERIWISE™ TRAILER FLEET MANAGEMENT SYSTEMS
Woodcliff Lake, NJ, and Plano, TX, October 10, 2013—Asset Intelligence, a leading provider of M2M transportation asset management solutions and a subsidiary of I.D. Systems, Inc. (Nasdaq: IDSY), has executed a two-year contract renewal with Knight Transportation, Inc. (NYSE: KNX), one of North America's largest truckload carriers, to extend its deployment of VeriWise™ trailer management systems. A mix of VeriWise solutions—including VeriWise Track and Trace, VeriWise Dry Van with cargo sensing, and VeriWise Reefer—is installed on Knight's fleet of dry vans, chassis, and refrigerated trailers. Knight operates a fleet of approximately 9,000 trailers and has been an Asset Intelligence customer since 2000.
he states: The real business of the car rental business, after all, is selling used cars.
Avis has the same issues. They have overstated the value of their fleet by billions of dollars.
i'm still waiting for a useful post from you on cdti.
the BOD had less than 70K restricted shares. They had maybe 200K options but many are at higher prices. So any selling we have seen is not the ex-BOD
looks like they are using some sort of Analytics as well. At $8/unit + $2/unit for Analytics, this looks like it is for 7500+ units for 1 year.
So in a period of a few days, 62,500 units have renewed with more functionality. This is HALF the TMS fleet.
between the terrible punctuation, spelling, grammar, and idea flow, I have no idea what you are saying. Does your gay lover caseyboy2 have you bent over?
exactly. Look at companies like Cisco and IBM. Same exact thing. Buybacks are a scam. This is what punks like c2r don't understand. Give me a dividend and let me decide what to do with the money. an activist needs to come in and clean house
the call was positive but confusing. Especially to Morris' question. Knowing that WalMart signed on as of Nov 1, why didn't they clear it up and say "we will have TAM growth"? Seems so stupid in hindsight. This is why Ned has to go. He is just a terrible speaker.
for full disclosure, I am now at 1000 shares, $18.50 avg in my IRA
small investment for me. Won't make or break me. I like the potential for rapid dividend growth or spinouts.
I am 100% certain he is a young punk with almost no shares. I have asked him on numerous occasions how many shares he has and he never replies. That is typical of people with very small portfolios. Big mouths, no money.
when I sold some at $7.50, you were like, why you selling dude? Now you know.
I have a feeling though this may be the last time it dips like this. I expect higher revs for the foreseeable future. Potential for actual GAAP earnings next year as well.