Vigilant Share Discussion Threads

[jotoha1] 13/12/2006 14:42

Like the bit about a fire, pretty poor excuse if you ask me, why dont they just say we are incompetant and have no idea how to make money!!

[latifs100] 13/12/2006 08:11

another israeli company dissapoints, emblaze, batm, visionic, ... very suspcious

[nixmif] 17/10/2006 16:22

Roundell,
Usually it happens when it's an off-market trade. i.e., somebody finds a seller and they agree a price between themselves. The market makers don't get involved, so that price can be anything. Shifting 800,000 of these around, you are not going to expect to sell at the bid, so 10p when the bid was 12p is probably OK.
However this sort of trade normally shows as a broker-broker trade (B) trade, but this one showed as an ordinary trade which puzzled me a bit. I'm guessing that it might be something to do with it being dual listed on AIM and the Israeli Exchange, but I'm really not sure.

So yes, somebody has obviously off-loaded quite a bit of stock, but remember that people sell stock for all sorts of reasons (to realise the CGT loss, to pay a gambling debt, to buy a new car or whatever, perhaps they're just cutting their losses and buying something they see as a more attractive investment).
Directors of small caps like this, usually only buy large quantities of shares if they think the prospects are good, so I would take the 800k purchase as a very positive sign.

EDIT: - just noticed that the bid was 14p, so that was a hefty discount paid for getting rid of a large quantity. It seems the Chairman got himself a bargain.

[roundell] 17/10/2006 11:19

how can he get the shares for 10p when the price is much higher?

Is someone dumping?

[nixmif] 17/10/2006 10:57

looks like he only paid 10p per share. Still, that's 80 grand, so he's obviously got quite a bit of faith in the future of the company.

[crystball] 17/10/2006 07:40

The chairman has bought again. He obviously thinks they are a good recovery play!

[jotoha1] 20/9/2006 11:52

Glad you think so, they have$2.5m in back orders and they have just blown nearly $4 million in first six months, their so called big new contracts are included in the 2.5m , so they need lots more orders which looking at their trend will not come into the second half, so we have a further loss looming , probably around $2.2m and of course less cash at the end of it!!

[jotoha1] 20/9/2006 11:32

Do we know if he has settled the deal?

[jotoha1] 20/9/2006 11:31

What is amazing is that the Chairman bought at 32p,should have been a positive signal, clearly he appears to know little about what is happening at the sharp end!

[crystball] 18/9/2006 14:34

Today's interim results explain the downward movement in the share price since the spring. Never mind the backlog of contracts still to be booked. Even accounting for these they are going to struggle to cover their costs. When you compare Vigilant's results to Indigo Vision's results, there is no comparison. Indigo Vision is an absolute class act quite clearly on the way up rapidly whereas Vigilant are struggling.

[jezboy1] 03/9/2006 16:45

Hi there - doesn't seem to much response on this BB...

but I think I will ask all the same.

Currently trading on about a P/E -12 on the back
of last year's earnings, and growth seems to be
reasonable, so this could be a good buy. (Shame about
the big spread).

I wondered if anyone can tell me when the interims are likely?
ta in advance

[latifs100] 24/8/2006 15:28

is therre a profit warning anticipated, big fall today, any one on the know?

[nixmif] 25/7/2006 12:24

Contract announcement:

Vigilant Technology announces three new contracts worth over US$1 million



Doesn't seem to have done much for the share price though :-(

[tole] 05/6/2006 08:23

A few buyers here first thing today.

[nixmif] 03/6/2006 10:17

Directors buying shares - quite a lot of shares too!

Must bode well for the future I think. This has got to be a buy now at these prices.



"The Company has been notified that Sir Trevor Chinn, the Company's Chairman, has today purchased 1,250,000 ordinary shares of NIS 0.01 each in the Company ('Ordinary Shares') at 32p. Sir Trevor Chinn is now interested in 2,005,810 Ordinary Shares, representing approximately 3.55% of the issued share capital of the Company."

[deckergj] 27/5/2006 09:43

not in yet but watching closely
feel it may drop further in the short term

[nixmif] 25/5/2006 16:46

Profit warning:

"We are pleased with progress in several areas as discussed below. However, it is clear that a number of tenders on which we are working are taking significantly longer to come to fruition than we expected. As a result sales in the first half of this year will be below the same period of 2005."

Gets better though:

"We expect sales to strengthen significantly in the second half making the full year well up on 2005. The efforts of our greatly strengthened sales team should produce increasing results in 2007, based on our continuously developing technology."

[david77] 25/5/2006 16:14

So do I - but I need some cash.

[deckergj] 25/5/2006 14:51

time to get in and hold i think

[nixmif] 18/5/2006 09:53

nice to see somebody here milesy!

VGT is not very 'newsy' yet, but it's early days, as the AIM listing was not that long ago.
The results in March look encouraging though.

There is a bit of news (contract wins) on the Vigilant site since the results:

Newark Marina:

London Boroughs:

Shopping Centre in Reading:

[milesy] 17/5/2006 17:41

I look in now and again but VGT isn't very newsy which is what's needed to drive these smallcaps. Like the look of the company personally, though I suspect they're on next to nobody's radar (not always a bad thing).

>M

[nixmif] 17/5/2006 17:38

Surprised to see this one suffering today amongst the carnage.

Price now sitting just above the placing price of 43p.
A market cap of around 25m, and NAV of around £9m, this is looking fairly attractive now that the company is in profit and generating cash, with further growth predicted.

An expanding sector too, with good rises in IND, MNW and VLK. This might be one for bargain-hunters with a longish-term view.

Seems awfully quiet around here - does anybody actually have any interest in this company?

[johnroger] 21/3/2006 16:44

21 March 2006



Vigilant Technology Limited



Maiden Preliminary Results for the period ended 31 December 2005

Reports Record Revenues and

First-ever full year Operating Profit and Net Profit



Vigilant Technology Limited ("Vigilant" or the "Company"), the AIM-listed
company (ticker: VGT), which designs and manufactures sophisticated, "
intelligent" solutions for the high-end CCTV security and surveillance market,
today announces its maiden preliminary results.



Highlights

* Revenues increased by 33% to US$8.2 million (2004: US$6.2 million)

* Gross Margin rose to 61% (2004: 49%)

* Operating Profit turnaround to US$0.8 million (2004: Operating loss of
US$0.7 million)

* Net Profit Before Tax of US$0.64 million (2004: Net loss before tax
US$0.8 million)

* Net Profit after tax income of US$1.34 million (2004: Net loss of
US$0.8 million)

* Net cash position of US$12.9 million and zero debt on balance sheet as
at end 2005

* Strong pipeline to be fulfilled

* Additional sales resources added