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Forum - Global Cash Access Holdings - GCA   

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From: JesseLivermore (Rep: 422)Date: 02/13/2014 11:27
Forum: Global Cash Access Holdings - Msg #128Thread #673633576 (Rec: 0)
Incoming CEO Mr. Chary has helped position payment services companies, including FIS Global (FIS, Neutral, $50.38,), with the identification, execution and integration of acquisitions, and he has shouldered operational and other leadership roles with the same firms.

Post discussions with GCA management, we believe its strategic focus remains execution of client retention and acquisition, new product launches, and accretive utilization of its net cash balance sheet and steady cash flow. Given the background of Mr. Chary, we believe the longer-term acquisition focus may broaden from GCA’s previous, more gaming-centric strategy

put on watch only -- no position as of yet

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