Indigovision Share Discussion Threads

[topvest] 17/9/2015 07:46

It all looks pretty encouraging to me after a poor H1. H2 outlook is very strong so hopefully should bounce back. No interim dividend but they are clearly expecting to announce a final dividend.

[rajauk] 17/9/2015 07:23

At least we have not had the dreaded second profit warning. I have been a holder of these for far too long, just can't seem to press the sell button on these as I live in hope - one day!!!! Maybe.

[lauders] 17/9/2015 07:20

Used to be a holder here and sold with a nice profit. Might improve from here as the outlook is showing optimism. IND usually call it as they see it!

[dlku] 17/9/2015 07:17

Challenging first half

So


Sales are down
Orders are down
Staff lose their jobs
Share price falls
Shareholders lose money

[exotic] 17/9/2015 07:01

Expecting a huge loss. Anything less than a massive loss will be 'better than expected'.

[dlku] 16/9/2015 16:25

oh dear, 5 min to sell

[exotic] 16/9/2015 14:38

"Dean Coleman: 100 x Ultra2K cameras were recently installed at a large European bank in the UK. Head and shoulders above all their other cameras previously deployed in terms of image quality/responsiveness and and they want more!
7 hours ago"

Dean Coleman is IndigoVision UK Sales Director:


Probably won't appear in this set of results though.

[dlku] 16/9/2015 11:56

Should get smashed imho
Look at VLK bad growth in surveillance today


Guess it might drop 50p

[kiwihope] 16/9/2015 11:52

Interims tomorrow. Forecast is for a loss but it will be the H2 outlook that probably matters most. And how big the H1 loss is I guess!

Seems an age ago that the share price was up at 500p, double what it is now. But it was only 12-months ago...

[cliffpeat] 11/9/2015 09:54

Thanks exotic. It would be interesting to know the economic cost/saving/benefit of what appears to be just one deployment of this Indigo kit in Oz.

I guess the question as shareholders is how likely it is that these applications will be quickly rolled out and what (if any) are IND's unique benefits compared with the competition.

And surely they could make more of their YouTube channel - looks almost as if they upload it and leave it - which may account for the low viewing numbers. And they are not getting thousands of prospective customers looking at them either if the channel statistics are correct.

[tongosti] 11/9/2015 09:48

Decided to get in early this week which is a bit earlier (as I have explained here before) than I normally would. Reason? Two of them:1. The market may have discounted the bad news implied in the latest trading statement. 2. Favourable risk reward profile (based on what we currently know about the business): 110% upside potential with a 40% downside. Normally, I don't pull the trigger until there is a 4 to 1 upside/downside ratio, but this time around I broke my own rules mostly on the back of reason 1 above (thought a lot about it over the last few weeks:). GLA

[exotic] 09/9/2015 13:33

Hi smarkmmm,

I think you're right. The story was linked on the IndigoVision 'LinkedIn' site a month ago, along with a photo of the IndigoVision born worn camera. At the time no article mentioned the name of the manufacturer, but the IND link and photo lead one to assume it was theirs.

[smarkmmm] 09/9/2015 12:14

Not sure it's IndigoVision body-warn cameras being trialled. This would suggest otherwise:

hxxp://revealmedia.com/news/gwent-police-roll-out-pioneering-reveal-rs2-x2-body-cameras

[exotic] 29/8/2015 00:21

New Projects

Gwent Police have been trialling 25 x ... body-worn cameras. [removed as it no longer appears to be IndigoVision kit]

In 2009 IndigoVision CCTV was installed at the Grand Canyon West resort. IndigVision have recently won a new contract for CCTV upgrades, to be installed during renovation work scheduled July 1st to October 31st.

US Airline JetBlue have a central monitoring suite in New York, monitoring 85+ airports across the US and Caribbean using IndigoVision kit. (Contract date unknown)

[aishah] 28/8/2015 10:43

I have added here recently. Price and chart looks good. Avg weekly vol in Aug shows good improvement over previous 3 months. Cap of £17.5m and low PSR. dyor

[exotic] 21/8/2015 08:22

Users of IndigoVision Control Center who saw the BBC News footage of Theresa May attending the new integrated security control room in Coquelles (part of an extra £7m funding by the British, on top of £22m already pledged) wouldn't have escaped notice that they're using Indigo Vision.

In other news, another couple of small UK projects mentioned on the Fool website.

All anecdotal of course; no reflection on revenue growth.

[dangersimpson2] 20/8/2015 17:16

Well we've already had 2 profit warnings, Nov-14 caused brokers to drop 2015 EPS forecasts from 43.6p to 40p and then Apr-15 down to 19.4p. They do say that Profit warnings come in threes.

However:

- sales here have always been lumpy.
- They have very good products as indicated by their high gross margins.
- A number of high end products have recently been devloped.
- They are very conservative in their accounting expensing all R&D.

So even if they do have a third profit warning and the shares drop to 140p their EV would be less than they've spent on product devlopement in the past 2 years.

So little of a company's value is from 1 years trading results.

[tongosti] 20/8/2015 17:10

Hutch - yes, considering the historical growth profile of the company. Again, this is a personal choice (in that the share price may never go down that low) but I would rather err on the cautious side and jump in only when I feel comfortable. GLA

[dlku] 20/8/2015 16:15

Expecting profit warning

[hutch_pod] 20/8/2015 16:12

So you want a mcap of about £10m and PE of under 8?

[tongosti] 20/8/2015 15:47

It is quite something that the share price is neutral considering the carnage in the wider market. Apparently there are no buyers or sellers at this juncture. As such, I think the 17th of Sep update will have an immediate significant impact on the share price depending on the RNS. No position at the moment, but if the shape price goes under the 140p mark, it should be a very interesting opportunity for the longer term I feel. GLA

[tongosti] 10/8/2015 23:09

140p is a very interesting level indeed. Been following the company for a while but have not got it yet on valuation grounds. At 140p (assuming next update is not a total disaster) I will start building up a position as the reward risk profile will be a lot more attractive around that level. Currently, this share is still a bit pricey for my liking.