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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Visonic | VSC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 98.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 98.50 |
| Top Posts |
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Posted at 13/8/2009 08:49 by jpm247 Thanks for the help guysi'll check out the plus trades. Still think VSC is good value, so am holding for now. Cheers |
Posted at 20/3/2007 10:41 by papalpower Preliminary Results and Maiden Dividend Visonic (VSC.L), the international developer and manufacturer of electronic security systems (alarms) and home management systems, announces Preliminary Results for the year to 31 December 2006. Highlights * Net Profits up 3.3% to $5.2 million (2005: $5.0 million) * Group Sales up 4.8% to $65.8 million (2005: $62.8 million) * Visonic's 'core' business sales up 7.7% to $59.9 million (2005: $55.6m) * Earnings per share up 1.6% to 12.6 cents (2005: 12.4 cents) * Balance sheet remains strong with good operating cash flow * Maiden dividend of £0.01 per share recommended * 'Core' Security and Home Management expanded to encompass Home Health Care * Strategic investment in Home Healthcare * 3 new mass market distribution agreements signed in year and further 2 post year end: ASCOM, Bell Canada, G4S, Prosegur Alarms, Securitas * Product launches including PowerMaxPro Premium Security & Home Control Wireless system, Amber Select Home Healthcare System with Bluetooth interfaces to telemedicine devices. Visonic's Chairman, Yaacov Kotlicki, commented: "A satisfactory start has been made in 2007 sales. The Group is increasing investment in R&D to enhance its international competitive position in Electronic Security, Home Management systems and Home Health Care markets. The Board remains confident of the Group's prospects and performance for the years ahead, including growth opportunities, particularly in Visonic's core activities. The Board will recommend at the AGM a payment of a maiden dividend of £0.01 per share." |
Posted at 30/1/2007 07:19 by papalpower The price weakness of late is now explained :Visonic Limited 30 January 2007 DATE: Embargoed until 07.00am, Tuesday 30 January 2007 Visonic Trading Update Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and manufacturer of electronic security systems (alarms) and home management systems, announces the following trading update: Group turnover for the year to 31 December 2006 was in line with market expectations. Continuing the trends reported at the Interim Results in September, the core business of Security and Home Management (which includes Home Healthcare solutions) saw good sales growth, while Location Tracking Systems (which largely comprises Visonic Technologies ('VT') Real Time Location Systems) continued to be disappointing. Overall, sales by the core business in the second half of 2006 were 11% higher than in the corresponding period of 2005 and total sales grew by 8% in the same period. Although VT's performance in 2006 was unsatisfactory, the improvement in deliveries that was visible towards the year end encourages the Board to expect a better performance from this business segment in FY 2007. It is expected that in the year to December 2006, the Group will benefit from a significant reduction in the tax rate and net profit after tax will be higher than that of 2005. Group pre-tax profit will, however, show a decline on the previous year. This reduction is the result of the combined impact of a shortfall in sales at VT, a strategic decision to increase the investment in R&D across the Group and some margin pressure arising from the revaluation of the Israeli shekel against the US dollar. The Board confirms its intention to recommend the payment of a maiden dividend for FY 2006. Commenting, Mr Yaacov Kotlicki, Chairman of Visonic, said: 'The results for 2006 are disappointing and below expectations. However, our core business of Security and Home Management continues to make good progress and we are particularly encouraged by the volume of sales leads that we are currently pursuing. Sales by our core business in the second half of 2006 were 11% higher than in the corresponding period of 2005. Total sales grew by 8% in the same period. Our active investment programme in R&D continues in order to position the company for growth opportunities.' 'The Board remains confident of the Group's strategy and its prospects, as indicated by the proposal to recommend the payment of a maiden dividend for 2006.' The Group intends to announce its Preliminary Results on 21 March 2007. |
Posted at 10/4/2006 09:05 by liarspoker Bought into RCG this AM instead of VSC.It'll be interesting to compare the performance of the two in a few months time. |
Posted at 22/3/2006 08:58 by papalpower Excellent Results !!Highlights Profits well ahead of City expectations Group sales up 14% to $62.8 million (2004: $55.1m) Gross Profit margin increased to 48% (2004: 47%) Profit before tax up 59% to $6.7 million (2004: $4.2m) Earnings per share up 39% to 12.4 cents (2004: $8.9 cents) Strong cash generation Launch of PowerLink - a Broadband web communicator for PowerMax+ 12 distribution agreements were concluded during the period Amber (home healthcare) launched in Europe Geographic expansion - China and Latin America Investments in manufacturing and IT Visonic's Chairman, Yaacov Kotlicki, commented: "The Group had an excellent year with strong sales and profit growth, cash generation and an improved operational performance. While it is still very early in the new financial year, 2006 has begun well with the signing of a strategic agreement with Group4Securicor and an agreement to enter the rapidly growing telemedicine market. In addition, the Board has approved a dual listing of Visonic's shares on the Tel-Aviv Stock Exchange to encourage increased share trading. As a result of the momentum in the Group and its cash generative qualities the Board will also be recommending a dividend for the financial year 2006. We remain confident of the Group's prospects for the year ahead." |
Posted at 27/2/2006 11:16 by papalpower February 27, 2006.Visonic expands into the Telemedicine market with New Strategic Alliance Visonic (LSE: VSC), the international developer and manufacturer of electronic security systems (alarms) and home management systems, announces it has significantly strengthened its position in the home healthcare market by entering the rapidly growing telemedicine sector through a strategic partnership agreement with TMT Telemedicine Web Medical Centre (TMT). The agreement signed with the controlling shareholders of TMT, establishes a partnership between Visonic and TMT, within the framework of a company called Visonic -TMT Telemedicine SA, (with head offices in Lyon, France). In exchange for an investment of Euro 711,366, Visonic has gained a stake of 12.15% in the newly formed company. This alliance will give Visonic an enhanced marketing and sales platform with which to expand into the telemedicine field, on the basis of TMT's unique and comprehensive package of solutions in the area of home healthcare and telemedicine. TMT was founded in 2003 in Lyon France, in order to develop service solutions for home care, based on advanced telemedicine technologies. The founders are experienced professionals in the security and medical fields, among them are the former owners of CIPE, a successful French security company, acquired a few years ago by ADT. TMT has successfully formed a package of solutions, including wireless devices for remote medical testing, secured transmission and processing of medical data. TMT has already started to sell its system in France. The system which will be used in Visonic-TMT's telemedicine product offering is the next generation of Visonic's Amber Home Healthcare system, which will use bluetooth technology to communicate with an array of wireless diagnostic equipment. The Amber's ease-of-use is field proven and ideally suited for the elderly and disabled at home, who are Visonic-TMT's target market. Visonic -TMT markets include local government, insurance, service providers and healthcare professionals worldwide. Commenting, Dr. Avi Shachrai, CEO and President of Visonic, said: 'We are extremely pleased to have forged a partnership with TMT and to have established this joint company. Home Healthcare is one of the pillars of our growth strategy and the TMT telemedicine platform will broaden our home healthcare capabilities and enable us to offer comprehensive solutions to a growing market.' Commenting, Mr. Jean Claude Bensoussan, Chairman of the Board of Visonic-TMT said: 'TMT sees in the contribution of Visonic's advanced technologies and strong production capabilities as a major milestone in its growth strategy. Visonic TMT is already in contact with governments, major telemedicine and home healthcare service providers worldwide. Once these contacts mature, management hopes it may have a significant impact on the company's growth.' CONTACT: Dr Avi Shachrai (President & CEO) Shmuel Koren (CFO) Ruth Grossman (Director of Investor Relations) Visonic Tel: + 972 3 645 6718 Email: rutig@visonic.com |
Posted at 17/1/2006 15:29 by papalpower Lovely breakout happening and is finds a range to suit the performance VSC is giving out. |
Posted at 17/1/2006 07:38 by papalpower January 17, 2006Visonic Announces Pre-close Trading Update & New Agreement Signed `Results Expected to Exceed Expectations' The Board of Visonic (LSE: VSC), the international developer and manufacturer of electronic security systems (alarms) and home management systems, is pleased to make the following trading update prior to the Group entering its close period. Trading since the Interim announcement on 7 September 2005 has been very positive and consequently Group turnover and profit before tax for the year to 31 December 2005 are expected to exceed current City expectations. While the Group's core products have continued to generate healthy revenues during the period, Visonic has also successfully expanded into new markets, as well as having obtained patent approvals for innovative technological products. This performance has been positively impacted by the ongoing success of the Group's stated strategy of increasing sales through mass-market distribution channels, developing and launching new innovative products and offering customers flexible solutions with full support. New Sales Agreements During December, the Group signed an OEM agreement for the supply of its products to a major North American security company, which is expected to generate sales in the region of US$5m over three years. This agreement is of particular significance as it is for the supply of Visonic's products as an OEM product for another security company. This brings the total number of sales / distribution agreements reached during the year to 12. Visonic Technologies (VT), Visonic's subsidiary which manufactures real time location systems for commercial and institutional use such as prisons and hospitals, also achieved positive results during the year. Commenting, Dr Avi Shachrai, CEO and President of Visonic, said: 'We are extremely pleased our results are likely to exceed expectations. We have benefited enormously from the strategy we put in place a few years ago and have been pursuing rigorously ever since. The Group's performance over the last year demonstrates the strength of our business model, with our core products performing extremely well, positioning us favourably in what is a competitive environment'. 'Gaining this new OEM distribution agreement with a leading North American security company is another achievement for the Group. It clearly demonstrates the acknowledgment our products have gained in the market place as being of top quality and technologically advanced'. The Group intends to announce its Preliminary Results on March 22 2006. CONTACT: Dr Avi Shachrai (President & CEO) |
Posted at 16/1/2006 08:06 by papalpower added a new thread today for VSC at |
Posted at 28/7/2005 20:25 by brummy_git FYIBullish points 1) Recent strong trading statements 2) Good products that are increasing their market share in an expanding global security market (ie 10-15% pa). Basically being an Israeli company provides an immense amount of underlying credibility to customers, since this country has been at war for the past 50-100 yearsâ¦. 3) Furthermore the security market is starting to benefit from the move to upgrade surveillance systems from analogue to digital technology (Re Quadnetics) 4) However regardless of the underlying attractiveness of the security industry, there are also very good upsides (with negligible attributed value) in the residential m2m and tracking systems markets, where Visonic can leverage its patents, technology and expertise. 5) Lowish forward p/e and PEG valuations In my opinion (although this is not a 5-10 bagger) VSC it should grow profitably as the security & m2m markets expand over the next 3-5 years. Good medium to long term play and one to tuck away in an ISA 6) Strong customer base 7) Technically advanced electronic security systems & components 8) Net cash of approx £4.7m 9) Low tax rate (23%) due to âapproved enterpriseâ status in Israel, which will continue for the foreseeable future Bearish points 1) Poor share liquidity. Difficult to buy stock in a tight market 2) Political risk associated with Israel 3) Tax risk, if Israel changes Visonicâs beneficial status (23% -> 35% corp tax) 4) Risk that CEO sells shares : If founder off-loads a significant chuck of his stock on to the market then price will drop... |
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