Hunh? Up $0.85 and 11% today, on approximately 5x volume and no news.
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TRANSACT – ASYMMETRIC VALUE IN FOOD PREPARATION January 23, 2020 Introduction Our long thesis on TransAct, Inc (NASDAQ: TACT) is built on four key pillars. 1) We see significant growth in the automation and streamlining of the food preparation industry. 2) We believe that TACT has developed strong competitive advantages in their solution. 3) TACT has asymmetric value as a potential unicorn Software as a Service (SaaS) business with significant recurring revenue. 4) TACT has funded development using cash flow from legacy businesses limiting transition risk. Our insights are derived from a deep dive into product development, customer and market research, and the role of marketing strategy and launch preparation. A core element in our investment strategy is the expectation that human costs will continue to increase, government regulation will be more stringent and food preparation is ripe for automation. At an enterprise value of approximately $83.1 million we believe that the market is valuing TACT for their legacy businesses while providing a free option for their newly released cloud-based SaaS restaurant solutions business. Valuation We value TACT at $24 per share based on 15 times 2022 EPS estimate of $1.60 per share. This assumes growth in the restaurant service division to roughly $39 million which is conservative given the company has upwards of $130 million in its pipeline. At the current price of $10.75 TACT is pricing in no growth in its restaurant service business whatsoever. As a result, we see significant upside to TACT shares with limited downside risk given the stability of its legacy casino business.
TransAct®Technologies Incorporated (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today announced the launch of its Employee Wellness Screenings function through the company’s industry leading BOHA! ecosystem. This new BOHA! module will streamline operators’ COVID-19 employee health checks by eliminating the need for cumbersome pen-and-paper forms with a convenient mobile app that will either greenlight employees that can work or identify employees that need to stay home.
“As restaurants adjust to the new normal of operating standards, Operators are now faced with a multitude of new health and safety protocols. Our BOHA! Employee Wellness module offers a safe and secure employee screening process. As employees arrive to work they use BOHA! Wellness on a tablet or handheld to fill out a wellness questionnaire, including if their temperature is in or out of range. The app can automatically alert the manager to send someone home and even staff at the Corporate office can get a report with employee screening results for one or all locations. The new BOHA! Employee Wellness module gives food service operators an intuitive digital solution, with powerful reporting and analytics that provides critical insights into how these programs are being managed at the location level. Ensuring the health and safety of all employees and patrons is of the utmost importance and we are excited to offer this solution to our customers,” said Bart C. Shuldman, Chairman and CEO of TransAct Technologies(TACT).
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I love trading these relatively unknown low volume stocks. And this one seems pretty solid financially and has insider buying which is a huge sign of value at this price.
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The 1Q conference call was very much like a Tesla cc. We are open and transparent about promising the moon, but don't you dare ask us to quantify revenue or unit volume or name our customers or count them.
Hey, I have a fantastic undiscovered property development. Want in? Good, but I can't tell you where or how big it is or how it will be developed... 'cuz then it wouldn't be undiscovered, and our competitors will find it. But our site planners are doing great work and it'll be big and thanks shareholders and did I mention how great this opportunity is in the future? Later. Soon. Big!
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BART C SHULDMAN CEO buys stock for the first time in years!
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Anyone notice, Tanaka has sold over 95k of shares in the past 2 months? Not a good sign.
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What gives? TACT reported record Q3 results this week. An absolute blockbuster with earnings of .33/share. The CC was super bullish with lots of exciting things in the works, particularly the restaurant solutions segment. Sounds like explosive potential with much higher revenues, margins & earnings. But the stock has dropped from the $15's to the $12's and looks like it will go even lower? Because they said they next quarter or 2 will be down as they shift more resources to the restaurant opportunity? TACT has lumpy quarters anyway. Strange action.
FormWhispers - Trading Ideas from Insiders TRANSACT TECHNOLOGIES INC TACT.
FormWhispers - Trading Ideas from Insiders TRANSACT TECHNOLOGIES INC TACT.
formwhispers.com
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Today's move is just the beginning, business picking up, large orders now coming for labels from 7-Eleven Gaming business if sold could fetch $5-$7 Saas base model will command a larger multiple buy my price target is $10 buy year end
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TRANSACT – ASYMMETRIC VALUE IN FOOD PREPARATION January 23, 2020 Introduction Our long thesis on TransAct, Inc (NASDAQ: TACT) is built on four key pillars. 1) We see significant growth in the automation and streamlining of the food preparation industry. 2) We believe that TACT has developed strong competitive advantages in their solution. 3) TACT has asymmetric value as a potential unicorn Software as a Service (SaaS) business with significant recurring revenue. 4) TACT has funded development using cash flow from legacy businesses limiting transition risk. Our insights are derived from a deep dive into product development, customer and market research, and the role of marketing strategy and launch preparation. A core element in our investment strategy is the expectation that human costs will continue to increase, government regulation will be more stringent and food preparation is ripe for automation. At an enterprise value of approximately $83.1 million we believe that the market is valuing TACT for their legacy businesses while providing a free option for their newly released cloud-based SaaS restaurant solutions business. Valuation We value TACT at $24 per share based on 15 times 2022 EPS estimate of $1.60 per share. This assumes growth in the restaurant service division to roughly $39 million which is conservative given the company has upwards of $130 million in its pipeline. At the current price of $10.75 TACT is pricing in no growth in its restaurant service business whatsoever. As a result, we see significant upside to TACT shares with limited downside risk given the stability of its legacy casino business.
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Nice numbers announced early today.
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What is the stock price waiting for? It is so cheap at this point. Buy Buy Buy
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food service and gambling what a great opportunity for tact
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Transact up 20% last night's earnings call spoke about positive growth in Food Saftey, there was also discussion concerning 7-Eleven's purchase of 4,000 Speedway locations. This increases their opportunity with 7-Eleven by 40%
January 23, 2020
Introduction
Our long thesis on TransAct, Inc (NASDAQ: TACT) is built on four key pillars. 1) We see significant growth
in the automation and streamlining of the food preparation industry. 2) We believe that TACT has
developed strong competitive advantages in their solution. 3) TACT has asymmetric value as a potential
unicorn Software as a Service (SaaS) business with significant recurring revenue. 4) TACT has funded
development using cash flow from legacy businesses limiting transition risk.
Our insights are derived from a deep dive into product development, customer and market research, and
the role of marketing strategy and launch preparation. A core element in our investment strategy is the
expectation that human costs will continue to increase, government regulation will be more stringent and
food preparation is ripe for automation. At an enterprise value of approximately $83.1 million we believe
that the market is valuing TACT for their legacy businesses while providing a free option for their newly
released cloud-based SaaS restaurant solutions business.
Valuation
We value TACT at $24 per share based on 15 times 2022 EPS estimate of $1.60 per share. This assumes
growth in the restaurant service division to roughly $39 million which is conservative given the company
has upwards of $130 million in its pipeline. At the current price of $10.75 TACT is pricing in no growth in
its restaurant service business whatsoever. As a result, we see significant upside to TACT shares with
limited downside risk given the stability of its legacy casino business.
https://img1.wsimg.com/blobby/go/a7e755c3-83ce-405a-9bef-03ea8e2911bd/downloads/TransAct%20(TACT)%20Report.pdf?ver=1579848713547
“As restaurants adjust to the new normal of operating standards, Operators are now faced with a multitude of new health and safety protocols. Our BOHA! Employee Wellness module offers a safe and secure employee screening process. As employees arrive to work they use BOHA! Wellness on a tablet or handheld to fill out a wellness questionnaire, including if their temperature is in or out of range. The app can automatically alert the manager to send someone home and even staff at the Corporate office can get a report with employee screening results for one or all locations. The new BOHA! Employee Wellness module gives food service operators an intuitive digital solution, with powerful reporting and analytics that provides critical insights into how these programs are being managed at the location level. Ensuring the health and safety of all employees and patrons is of the utmost importance and we are excited to offer this solution to our customers,” said Bart C. Shuldman, Chairman and CEO of TransAct Technologies(TACT).
Hey, I have a fantastic undiscovered property development. Want in? Good, but I can't tell you where or how big it is or how it will be developed... 'cuz then it wouldn't be undiscovered, and our competitors will find it. But our site planners are doing great work and it'll be big and thanks shareholders and did I mention how great this opportunity is in the future? Later. Soon. Big!
January 23, 2020
Introduction
Our long thesis on TransAct, Inc (NASDAQ: TACT) is built on four key pillars. 1) We see significant growth
in the automation and streamlining of the food preparation industry. 2) We believe that TACT has
developed strong competitive advantages in their solution. 3) TACT has asymmetric value as a potential
unicorn Software as a Service (SaaS) business with significant recurring revenue. 4) TACT has funded
development using cash flow from legacy businesses limiting transition risk.
Our insights are derived from a deep dive into product development, customer and market research, and
the role of marketing strategy and launch preparation. A core element in our investment strategy is the
expectation that human costs will continue to increase, government regulation will be more stringent and
food preparation is ripe for automation. At an enterprise value of approximately $83.1 million we believe
that the market is valuing TACT for their legacy businesses while providing a free option for their newly
released cloud-based SaaS restaurant solutions business.
Valuation
We value TACT at $24 per share based on 15 times 2022 EPS estimate of $1.60 per share. This assumes
growth in the restaurant service division to roughly $39 million which is conservative given the company
has upwards of $130 million in its pipeline. At the current price of $10.75 TACT is pricing in no growth in
its restaurant service business whatsoever. As a result, we see significant upside to TACT shares with
limited downside risk given the stability of its legacy casino business.