Indigovision Share Discussion Threads

[darlocst] 12/8/2014 08:49

dlku - I don't see any published change to the Singer forecast numbers. Where you getting that from?

[dlku] 11/8/2014 22:26

Profits were affected by sterling strengthening against the US dollar

Forecasts dowgraded

Reckon this will go under 400p

[exotic] 11/8/2014 15:54

08 August 2014

IndigoVision Hosting Events in South East Asia

This September, IndigoVision will be hosting events in Singapore and Kuala Lumpur to demonstrate why the National Singapore Sports Hub, the Royal Malaysian Police and Kuala Lumpur City Hall have all chosen to deploy IndigoVision's solution.

Visitors will learn how IndigoVision's solutions can help to improve operator response and future proof their systems, as well as getting a sneak peak at what is coming down IndigoVision's product pipeline.

The events will take place at the following venues on the dates given:

Singapore
9th September 2014
10am - 3pm
Marriott Singapore Hotel
320 Orchard Road
Singapore 238865

Kuala Lumpur
11th September 2014
10am - 3pm
Sunway Resort Hotel & Spa
Persiaran Lagoon
Bandar Sunway
47500 Selangor Darul Ehsan
Malaysia

Contact us if you would like to attend, or arrange a private demonstration with a member of our Sales Team.

[kiwihope] 07/8/2014 14:59

Thanks for your thoughts Paul.

[paulypilot] 07/8/2014 12:05

Kiwi,

We're in a bear market for small caps, many of which are plummeting. Whereas IND has had a very good run up this year, and is up about 50%. So a bit of a pullback is to be expected. We can't expect it to go up in a straight line.

The key underlying figures were sales up 20% and profit up 50% (ie. in constant currency), which are excellent figures. There are not many companies delivering that level of 100% organic growth.

Therefore these shares should now be moving back towards a premium rating. That's not happening (yet), but it will when the market is ready.

7.6m shares in issue, so current mid price of 466p equates to £35.4m market cap. Bear in mind the strong Balance Sheet, as cash will be building up again, and you're probably looking at an Enterprise Value of just over £30m.

For that you get strongly growing sales & profits, blunted by currency movements this time, sure, but it's swings & roundabouts in the long run with currency.

Looking fowards, we should be seeing profits moving up gradually into the £3-5m p.a. range, so at that level you could justify a PER of (say) 15-20, therefore allowing say 20% for notional tax, then I get a market cap range of £36-80m, or between 474p to 1053p per share.

So at the current share price we're valued right at the bottom of that range (i.e. a PER of 15 on forecast earnings of £2.4m).

Hence why I think these shares are now looking better value than they have done for a long time, as we now have growth. The rating isn't demanding at all - it's cheap!

Regards, Paul.

[kiwihope] 07/8/2014 10:25

I'm surprised by this fall in share price The update was good IMO. OK, the headline P/E is on the high side (I haven't calculated it but the current year must be about 15-20) but then growth is good. I don't take any notice of currency movements. If anything a strong pound pushes the company to become more efficient and productive, which is a good thing long term.

I can't understand why people would be disappointed and sell.

[exotic] 06/8/2014 19:27

06 August 2014

IndigoVision Presents The Royal Edinburgh Military Tattoo LIVE In Stunning HD!

Since 1950, visitors have travelled from around world to watch The Edinburgh Military Tattoo. Military bands and display teams from all across the globe come together to put on a show unlike any other, culminating in a spectacular fireworks display.

The show always sells out, but this year, thanks to the rich, high definition video and image clarity of IndigoVision's new Ultra 2K camera, you can view this amazing spectacle in stunning HD LIVE over the internet here.

Show times are Mon-Fri 9pm GMT, Sat 7.30pm/10.30pm

[iain123] 06/8/2014 10:47

If Alex gets his way it may be the Scottish haggi pound that will cause chaos with exchange rates :-( . Edinburgh staff costs will become very cheap when the haggi collapses against the dollar ;-)

[redrumtum] 06/8/2014 10:05

Let's hope sterling has reached its peak against the dollar and we'll all be cheering a currency tailwind next year.

[kiwihope] 06/8/2014 08:50

Very good results. Selling today is just noise, profit-taking or whatever. CFRO is right, markets are jittery, most other shares are down today and IND has had a good run up to these results. I'm happy to hold...

[grahamburn] 06/8/2014 08:48

The reference to margins being slightly up and overheads up 15% has probably spooked the market makers (and a few small investors) a little. As ever, a small number of small sells can affect the quoted price disproportionately.

Hopefully, the rise in overheads will soon cease and the increase in margins will begin to feed through to the bottom line.

[samenic] 06/8/2014 08:33

Haven't time to look now but seem to remember that for the extended period revenues were being predicted at around 54mio with profits 4mio, so guess about in line.I'm sure someone will correct me if l'm wrong.

[cfro] 06/8/2014 08:17

Results have been held back by currency headwinds but nevertheless they are still very good. But needs a lot to move a share up in these markets as we stand today.

[mrx001] 06/8/2014 08:15

Thought the results looked ok, yet seems to be an exodus of shares being sold. Anyone got any idea why?

[cfro] 06/8/2014 07:32

Well theres the trading update and i didnt think we would get one as results are September. WTFDIK!

Looks pretty steady progress.

[btb2] 06/8/2014 07:03

RNS Number : 3529O

IndigoVision Group PLC

06 August 2014

IndigoVision Group PLC ("IndigoVision" or the "Group")

Interim Trading Update for the second interim period for the 12 months to 31 July 2014

CONTINUED GROWTH

Revenue for the 12 months to 31 July 2014 exceeded GBP37m, more than 15% higher than the previous 12 months, and in constant currency over 20% higher.

All major regions have reported year on year revenue growth. Gross margins were marginally ahead of the previous year, and overheads were increased by approximately 15% as IndigoVision continued to develop global sales and distribution.

Operating profits for the 12 months to 31 July 2014 will be around GBP2.4m, approximately 17% higher than the corresponding period last year. Profits were affected by sterling strengthening against the US dollar (in which the majority of the Group's sales are denominated). Before foreign exchange movements, operating profit will be around GBP2.7m, approximately 50% higher than last year. Last year's operating profits included a GBP0.3m foreign exchange gain.

The results for the second interim period for the 12 months ending 31 July 2014 are expected to be announced on 17 September 2014.

For further information please contact:

[exotic] 05/8/2014 20:17

05 August 2014

It's Official: IndigoVision's Control Center Eagle is ONVIF Profile S Conformant


The most open, end-to-end video security solution in the world is now ONVIF Profile S Conformant.

This officially confirms that cameras from every manufacturer can be seamlessly integrated and managed with IndigoVision's Control Center Eagle video management software, including ONVIF S devices.

Learn more about Control Center Eagle here.

Download the latest version of Control Center Eagle here.

View the ONVIF website listing here.

[cfro] 03/8/2014 18:32

Do you get a side order of 'chips' with that i wonder?

[layabout] 03/8/2014 18:10

You take a few bytes out of it?

[applemacguy] 03/8/2014 17:42

hah hah yeah...how does one go about eating digital data??!

[gengulphus] 02/8/2014 19:55

If you really want to eat them, I'd suggest rematerialising them instead - otherwise it might be a rather unsatisfactory meal... ;-)

Gengulphus

[applemacguy] 01/8/2014 21:08

well at the rate news is dropping if we aren't at £8+ by the end of the year I will have surely to eat my IND share certificates...after dematerialising them lol

[cfro] 01/8/2014 18:36

Excellent, thanks once again.

[layabout] 01/8/2014 17:48

Already another ....

hxxp://www.indigovision.com/en/hot-news/2263-indigovisions-solution-helps-secure-aluminium-production-in-india

01 August 2014

IndigoVision's Solution Helps Secure Aluminium Production in India


Listed on the FTSE 100, Vedanta Resources Plc is a global diversified metal and mining company and is one of the largest aluminium production companies in India.

Vedanta Resource's 1.7 million tonne aluminium smelter in Jharsuguda is powered by a dedicated captive power plant. With aluminium being the second most widely used metal after steel, and demand set to increase over the next 10 years, it was necessary to minimise the security risk to power generation for the smelter. The 75 sq.km plant required a new, state of the art security system.

IndigoVision's Enhanced HD Domes and Fixed Cameras now monitor the plant's store rooms and entry/exit gates, providing surveillance throughout the plant. Video is transmitted back to the control room, where IndigoVision's Control Center video management software gives total visibility of the site. Staff have been amazed by how user-friendly the software is, and how easy it is to track vehicle from the moment they enter the site, until the moment the leave.

[aishah] 01/8/2014 16:31

31 July 2014
Haiti's Central Bank Chooses IndigoVision

The Banque de la République d'Haïti is the central bank of Haiti, a small Caribbean country in the Greater Antillean archipelago.

They wanted to upgrade their existing security system, but were struggling to achieve the image quality they required in their glass foyers, which had changing light conditions.

The excellent Wide Dynamic Range (WDR) of IndigoVision's HD PTZ Dome Camera 11000 Range was perfect for overcoming this challenge, providing high image quality in regardless of the changing lighting conditions.