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IND Indigovision Group Plc

391.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Indigovision Group Plc IND London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 391.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
391.00
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Indigovision IND Dividends History

No dividends issued between 16 Apr 2014 and 16 Apr 2024

Top Dividend Posts

Top Posts
Posted at 17/6/2020 19:08 by srsm
Motorola got a bargain.
Avigilon $1B
IND £30M

Could/Should have been the other way around.
Posted at 28/5/2020 19:03 by exotic
Column formatting did not transfer with the above text.

Please see original RNS here:
Posted at 14/5/2020 10:05 by sharw
Read the RNS:
"These dates will depend, among other things, on the date on which the Court sanctions the Scheme. A further announcement will be made in the event that any of these dates change".

Normally getting a date from the Chancery Division of the High Court is routine but these are not normal times.

Also read the RNS for the timetable because even if suspension date is 15/6 you won't get your payment then anyway:

Court Hearing (to sanction the Scheme) D

Last day of dealings in, and for registration of transfers of, and disablement in CREST of, IndigoVision Shares D+1

Scheme Record Time 6.00 p.m. on D+1

Suspension of trading of IndigoVision Shares on AIM close of business on D+1

Effective Date of the Scheme D+2

Cancellation of admission of IndigoVision Shares to trading on AIM 7.00 a.m. on D+3

Dispatch of cheques and crediting of CREST stock accounts for the Cash Consideration due under the Scheme No later than D+16
Posted at 07/4/2020 17:05 by glavey
So a number of countries are making use of monitoring in the crackdown against COVID-19 particularly in attempts to prevent secondary infection. That is quite likely to continue even after COVID-19 so there are better chances of dealing with any possible similar events going forward. That would suggest to me that technology and expertise like that of IND could be valuable going forward. Or is IND now so far behind the curve that they are largely irrelevant?

Views?
Posted at 20/3/2020 16:44 by srsm
Yes lothar7, I had a work colleague who worked in Software at IND. Talented young chap but didn't last long. Forced out by an overbearing Software Manager or Team Lead (I forget the details) who caused endless trouble. That probably about 14 years ago. Which maybe fits with the start of the long period of decline.

A devious and poorly performing senior employee could easily hide poor performance for several years before being found out.
Posted at 20/3/2020 13:12 by lothar7
The downfall of IND was incredibly poor management which led to people leaving and wasted opportunities. I say this as a former employee.
Posted at 20/3/2020 11:23 by srsm
Having held IND for what feels like forever...

Kind of gutted. I know everyone else is dancing a jig at 405p and it's no disgrace given the price was 100p a few years back... plus COVID-19.

But all I can think of is that Motorola Solutions(MS) paid $1,000,000,000 for Avigilon a few years back. And are paying a paltry $37,000,000 for IND. Apparently the "Acquisition will provide Motorola Solutions with enhanced geographical reach across a wider customer base."

I'm not sure if MS had a security camera business before buying Avigilon but I don't buy the argument that having spent a billion dollars they need to buy IND for a "wider customer base".

So, this for me is the final proof that IND always had the best overall IP Security Camera solution and held that status over the past 20+ years. MS are buying the IP: and on the cheap.

Tech Stuff: IND have IMHO -
The best underlying Distributed Network Architecture meaning a genuine Internet like solution. Everyone else just replicates the original Analogue infrastructure. Makes IND gear more fault tolerant. Kind of critical for security.

Probably the best Video Encoding. This helps keep framerates up and storage costs down.

Possibly the best cameras at various stages of their history (proof being the video where the compared the best of the rest in low light conditions - IND cameras were best). I dare say camera quality would fluctuate over time.

A very solid Control Centre offering. Again, I suspect that all suppliers have their strenghts/weaknesses in software.

True ONVIF compliance: meaning interoperability with other security gear (buttons, alarms etc). IND board members explained to me (at AGM chats) how their competitors mostly hacked together solutions - I'll take their word for it. A few years back though.

And finally, one of the few companies who can provide an end-to-end solution from cameras to storage. Most competitors do bits and pieces so clients have to 'build' a solution from kit that 'hopefully' works together. And who to blame when something doesn't work? So buying IND gear is much simpler.


Competitors would disagree with some of the above but I think this purchase proves it beyond reasonable doubt. MS need IND because the billion dollar Avigilon technology isn't good enough.

Torment yourself by multiplying your cash to come by 27. ( 1B / 37M ). A better Technical Solution for 3.7% of the price.

Sigh.

Yes, I know, it's not about what you can do it's what you can sell and the profits that accrue. But that's my point. IND led the world around 2005 and threw it away... and I've no idea how they managed it. I don't think it was incompetence, or stupid decisions, probably just an accumulation of small mistakes or disadvantages.

Possibly it was no more than IND charging more for what was the premium offering and most buyers are run by Finance departments who just focus on what's good enough and mostly what is cheapest.

Long sigh again... still, IND is my biggest holding and I've probably made at least a 5 bagger once loads of dividends are included. But...
Posted at 17/3/2020 12:05 by dsct
Holder for many years with IND being one of my largest holdings in the past. This offer will allow me to exit at profit.

As the timetable hasn't been published yet, I'm wondering if it's worth selling at current share price as opposed to waiting, just in case the offer doesn't finalise - problems with Motorola, financial apocalypse, etc.
Posted at 17/3/2020 07:24 by garth
Hey, but the bad news, you ain't gonna get that 2p divi ;0)

-- In light of the Acquisition, the IndigoVision Directors have resolved that, conditional upon and with effect from the Effective Date, the proposal for a final dividend of 2 pence per IndigoVision Share, announced in IndigoVision's preliminary financial results for the year ended 31 December 2019 released on 5 March 2020, is cancelled and, assuming the Scheme becomes effective, will not be paid.

G.
Posted at 11/10/2018 10:30 by srsm
That's the £1B - $10M question. My guess is IND were a bit slower on HD cameras. Preferring high frame rate. Great for casinos etc, where framerate trumps resolution.

At recent AGM chat I asked about Avigilon framerate in the early days of HD, it was about 2 frames a second. Got faster but hopeless for a long time. But as everyone knows when it comes to cameras; 'Sell Benefits not Features' is inverted. The only thing that sells a digital camera to a punter in a shop is Megapixels (Feature - not a benefit as often there are downsides to high megapixels). Nothing else mattered.

I suspect same with Digital CCTV. Buyers asked for high megapixels and IND couldn't match their opponents. That's my recollection of it.

Also, I think IND concentrated on the top end of the market. Not a bad strategy, who wants to fight for the crumbs at the low end of any market. But they missed the middle market I suspect.

The new Integra is the solution for that. One box doing everything.
hxxps://www.indigovision.com/products/management-hardware/#integra


Finally, Pedro indicated that when at Avigilon, they knew they had no answer to DNA. But were amazed that nobody in IND Sales/Marketing ever mentioned it. It was a game changer for IND but not promoted. Even now it's hard to find. Eventually found one mention of it here: hxxps://www.indigovision.com/products/management-software/benefits/

IND are one of only two companies that offer this type of solution (not Avigilon - the $1Billion company). Extra robust such that if one bit of hardware fails the others on the network step in, it's how the internet works (a system designed to survive a nuclear war no less). I'd explain more but IND don't explain it... 10 years on from Avigilon exploiting IND's lack of exploiting their own advantage.

Sigh.

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