Indigovision Share Discussion Threads

[kiwihope] 30/3/2016 09:01

Who knows how many shares Pistoria is going to dump. As other posters have pointed out, they have a lot of them. It will be interesting to see if the selling stops after 5 April; if it does then that would suggest tax planning is behind the sale. But in any case, they must have reduced expectations of future growth here.

Can't believe this is only valued at £10M!

[kev0856153] 30/3/2016 08:58

quote is 132p - 136p and I just bought at 132p

Richard Farmiloe, whoever he is, has a notifiable holding just announced.

[orinocor] 29/3/2016 21:36

shares still weak but I cannot believe all these shares are going to be dumped

Indigovision's cameras;

In-built, SMART.core™ Video Analytics give these security cameras the ability to warn you when someone enters a prohibited space. Secure zones remain secure.

hxxps://www.indigovision.com/products/cameras-and-encoders/ultra-cameras

Seems to me Indigovision are very much into both hardware and software

[orinocor] 25/3/2016 17:18

Just reading some of the recent posts and I disagree with some of the comments from CJohn and Paulypilot. I don't think what IND are offering is either a commoditised product or just software. They are offering an integrated system. Do not underestimate the value to be added by integrating high-end hardware with software to deliver a whole system. None of this is trivial or easily replicated. There may be Chinese competitors now but many western business will avoid doing business with them. How much is a warranty with a Chinese company worth?

I think this company is now fundamentally undervalued and will be on the radar of some of their larger competitors.

[spooky] 25/3/2016 16:33

Paul, i have a strict rule, when a share price collapses over a period of time, i will not buy shares if the directors do not buy shares. Sometimes you can argue that the directors already have a big stake, but in the case of Indigovision they do not. Occasionally you can get caught out by a management buyout. Why are the current directors not buying shares? When insiders are offered £1 notes for 50p they are usually fairly swift to act.

[topvest] 25/3/2016 16:27

Think the company is very attractively valued. The company's share price will fly on any sign of a jump in revenue in my view. They are also very exposed to a bid. It would be difficult to defend a £2.50 bid which would still be a bargain to any interested buyer.

[cjohn] 25/3/2016 09:18

This company has come up on one of my filters: trading close to current asset value.


But at first glance the economics seems unfavourable. This is surely a very commoditised business? Numerous competitors.

IND make a case for offering a seamless quality service, but surely in this field - given advances in the sophsitication of the offerings by all players - the competition is mostly price-based?

[paulypilot] 24/3/2016 17:17

Well if New Pistoia wants to sell out completely, then we've got a problem - 27% of the company overhanging the market.

On the other hand, a potential bidder might snap up their stake in one go, and then start talking to management, who knows?

Regards, Paul.

[paul the octopus] 24/3/2016 14:14

seller creates opportunity, others either take it or leave it.if they bought £3.5 to sell £1.5 then someone will do the opposite

[dangersimpson2] 24/3/2016 12:16

Thought the dividend was back in at 2.5p final.

Yes, but some investment companies like things like an overall yield or no gaps in dividends. Just idle speculation really, I have no details of what New Pistoia Income make investment decisions. Looking further another one of their declared holdings - Hornby - weren't paying a dividend when they increased last year so probably not a factor. Another share they are buying high and selling though!

[cascudi] 24/3/2016 11:56

i guess major shareholder has to sell a bit to keep his holding down otherwise he will have to make an offer to buy the company at this mcap?

[hutch_pod] 24/3/2016 11:19

Thought the dividend was back in at 2.5p final.

[iain123] 24/3/2016 11:02

It does look good if your a buyer.

[kev0856153] 24/3/2016 10:49

oh dear, this doesn't look good. The biggest shareholder is selling and has 27% to go!

[1fox1] 24/3/2016 10:32

Cheers Paul. Glad to see you're back at the crease :o)

[dangersimpson2] 24/3/2016 10:08

New Pistoia Income do seem to be embodying buying high and selling low. They must have bought their last lot in April 2015 around £3.50 and selling down to £1.50 or lower.

I doubt they are impacted by Y/E tax considerations. Given the 'Income' in their name I wonder if the suspension of the dividend means their investment principles demand they sell.

[rubberbullets] 24/3/2016 09:57

OMG if piistola is selling then this is set to hit 20p

[iain123] 24/3/2016 09:56

New Pistoia offloading after spending a long time building a stake.

[paulypilot] 23/3/2016 20:41

Hi 1fox1,

Nah, am still here! Posting occasionally.

I'm mystified by recent drop in IND, as most recent trading update was OK - moved back into profit in H2 last year. Big deferred contract should now be kicking in.

It looks like tax-loss selling to me. Someone has had enough, and decided to move on, and crystallise their loss, to offset against profits elsewhere.

I think we can all accept that the dreams of global domination are now gone. However, it's still a decent player in the sector, and if you speak to management they're upbeat about the potential. New products are being launched, etc. It's still very much in the game.

Surely the company is worth more than its own working capital?! I think so. Whilst accepting that I've been wrong in the past. That doesn't matter. All that counts is what the company is worth vs present share price. I think more.

Regards, Paul.

[dlku] 23/3/2016 16:23

is this going to 90p