Visonic Share Discussion Threads

[josedelavega] 28/12/2007 09:54

what a year for this company ...
it´s time to change the direction :-)

nice undervalued play but will be interesting to see the new financials ...

José

[josedelavega] 04/10/2007 08:58

Visonic chairman raises stake to 71.56 pct on share purchase at 55p/shr

LONDON (Thomson Financial) - Visonic Ltd said its chairman Yaacov Kotlicki
increased his stake to 71.56 pct after he bought 2 mln shares, about 4.8 pct, at 55 pence each.
[e-mail]
vsr/pmi/slm

LONG and STRONG
José

[josedelavega] 16/8/2007 14:12

what a nice level to get more :- )

0,50 wow

[josedelavega] 19/7/2007 08:38

what a downmove ....

[papalpower] 20/3/2007 10:41

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."

[josedelavega] 15/3/2007 17:15

nice news again :-)

[papalpower] 15/3/2007 11:40

Visonic

Visonic to supply Bell Canada with PowerMax Pro security systems

Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and
manufacturer of electronic security systems (alarms) and home management
systems, is pleased to announce that the first deliveries of Visonic's flagship
product, PowerMax Pro, have been made to Bell Canada, the leading Canadian
telecom provider.

Following the previous announcement on 2 August 2006 of a Memorandum of
Understanding, Visonic and Bell Canada have now signed an agreement whereby the
telecom provider is purchasing PowerMax Pro units in 2007. The order includes a
range of peripherals and accessories.

Visonic's PowerMax Pro wireless security system delivers the intelligent
in-home hardware core of Bell Canada's Home Monitoring service, which was
launched on January 31, 2007. This innovative new service is designed for Bell
Canada's 28 million residential and small business customers and offers not
only a reliable, flexible and user-friendly remote home monitoring and
management facility, but also the unique `Safe at Home' feature designed to
support independent living for the elderly or frail.

Commenting, Dr Avi Shachrai, CEO and President of Visonic, said:

"We are delighted to become a preferred supplier of Home Monitoring and Control
systems to Bell Canada, Canada's national leader in communications. Our highly
innovative wireless technologies, which are driven by Visonic's major
commitment to R&D, offer new standards of home security to Bell Canada's 28
million customers. This contract, which is in line with our strategy to build
sales through mass market distribution channels, demonstrates that Visonic's
products are ideal for partnerships with telecommunications companies."

Jeff Crews, VP and General Manager, Bell Services Inc. added:

"The advanced features of the PowerMax combined with an internet platform
enable Bell to provide its customers with a highly secure home monitoring
service which is wireless and very user-friendly. Our customers can install the
unit themselves, can tailor what types of events about which they wish to be
alerted, who should be alerted and how they should be contacted. This contract
was signed within the framework of our company's decision to offer an
innovative new home monitoring service that is completely wireless and fully
customizable through a personal secure website. We have chose Visonic as our
supplier due to the outstanding performance of the PowerMax Pro and are pleased
to be working with Visonic."

This is the fifth agreement between Visonic and a leading telecommunications
company globally and the first in North America - a further successful
development in implementing Visonic's strategy of increasing sales through mass
market distribution channels, such as partnerships with leading
telecommunications companies.

[pugugly] 08/3/2007 17:48

Call me a cynic if you like but I anticipate good news in the results as brought forward 1 day - possilbly to avoid the UK budget on the 21st. If the results were bad I would suspect they would do a Tony Blair and release on Brown's bad news day.

[josedelavega] 27/2/2007 13:38

nice yep :-)

[papalpower] 27/2/2007 08:55

27th Feb 07
Visonic

Visonic signs agreement with Ascom

Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and
manufacturer of electronic security systems (alarms) and home management
systems, is pleased to announce its fully owned subsidiary, Visonic
Technologies ("VT"), has signed a technology development agreement with Ascom
(Sweden) AB, ("Ascom"), a global leader in on-site wireless solutions for
mission-critical communications in healthcare, industry, secure establishments,
hotel and retail.

VT will supply Ascom with its Elpas RTLS and Active RFID hospital-enabled
products from its range of location tracking systems for integration into
Ascom's next-generation Wireless Nurse Call solution. VT's innovative tracking
and identification technology provides an effective and secure means of
protecting the vulnerable in institutional environments.

Commenting, Dr Avi Shachrai, CEO and President of Visonic, said:

"We are extremely pleased to have reached this development accord with Ascom.
The integration of VT's unique location tracking technology with Ascom's market
leading position in healthcare communications systems will result in material
benefits to those involved in providing institutional support for the elderly
and to the quality of life of the residents in their care."

Commenting, Mr. Jan van Havenbergh, Product Line Manager, Healthcare

Ascom (Sweden) AB said:

"This contract is an important step in our solutions development program for
the healthcare market. We believe that establishing this partnership with
Visonic Technologies will enable us to enhance our current product offerings
with advanced positioning RFID technology. Through this approach Ascom will be
better equipped to offer customers comprehensive tools for improving resident
care and for increasing time and cost efficiency as well as quality of
service."

[papalpower] 19/2/2007 14:26

Nice bit of news.

[josedelavega] 19/2/2007 14:13

Visonic signs exclusive supplier agreement


Visonic Visonic signs exclusive supplier agreement with Prosegur Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and
manufacturer of electronic security systems (alarms) and home management
systems, is pleased to announce the signing of an exclusive supplier agreement
with Prosegur Activa Spain SL ("Prosegur"), a leading security service provider
in Spain, Portugal and Latin America.
Visonic will supply its flagship product, the PowerMax range of wireless
security and home control systems, to Prosegur for integration into all
Prosegur's installations in the Residential and Small Businesses markets in
Spain and Portugal.
Partnerships such as this, with a leading international company in its field,
demonstrate the success of Visonic's strategy of targeting sales through mass
market distribution channels.
Commenting, Dr Avi Shachrai, CEO and President of Visonic, said:"We are delighted to become the exclusive supplier of home monitoring and
control systems to a leading international security company of the calibre of
Prosegur. Our highly innovative wireless technologies, which are driven by
Visonic's major commitment to R&D, will offer new standards of home and office
security to Prosegur's customers in Spain and Portugal."Mr. Julio Arrieta, Prosegur's Delegate Counsellor, added:"This contract was signed within the framework of Prosegur's decision to
consolidate its supply chains and focus on key strategic business partners. We
believe that establishing a partnership with Visonic will enable Prosegur to
enhance its service to its customers and the PowerMax system will be an
integral part of all Prosegur's new residential and small business
installations." - ENDS -

José :-)

[tunturiflyer] 18/2/2007 01:43

erm, is this company trustworthy.

in the Jan 30th Trading statement they say:
The company said that, though VT's performance in 2006 was unsatisfactory,
better deliveries towards the year-emd point to a better performance in 2007.

In the Sept 30th 06 statement they say: Sales in the two first months of the second half in the core business of Visonic remain strong."

Admittedly core business growth was stated to be ok in Jan 30th trading statement, but the Sept 30th statement created the impression that all was going well. Yet they say in Jan 30th that 2nd half 06 business was unsatisfactory

The only explanations are that October and November must have been really awful, which is a bit unlikely, or, more likely, someone's nose is getting longer.

[josedelavega] 30/1/2007 14:04

first pos. bought

nice company but BAD BAD MARKET MAKERS :-(
not easy to deal with this stock

José de la Vega

[papalpower] 30/1/2007 07:19

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.

[pugugly] 22/12/2006 11:30

PP Been tracking down from 128p - so now down some 56p - Unless very bad news in pipeline agree could be near bottom - so probaly going to start to nibble. Last brokers forecast that I can find had a forward p/e on normalised eps for 06 of 7.9p of 11.5 at 90p , but as many sales in $ and production cost in China both moving aginst could well be missed. No recommendation intended and dyor etc All usual cautions

[papalpower] 22/12/2006 11:21

Pug, no not mine. I am still waiting at the moment, with this kind of stock the MM's will normally swing it down hard before the move up, so I am waiting for that, and hoping its not already just happened in which case its that time already.

Have a great Christmas and New Year..

[pugugly] 22/12/2006 11:16

pp: That your 15K at 73p? Have a good christmas R.

[papalpower] 20/12/2006 16:12

Shhhhhhhhhhh.......let it sleep at the moment, I am hoping to get a bucket load cheaper than this, but not now.

[latifs100] 20/12/2006 14:19

are we anticipating a profits warning.. gradual drop to 70p now

[pugugly] 06/9/2006 11:05

robbie12:> Suspect still further to drop - Growth not as fast as some investors were expecting - general worry about geo political problems and the chairman's 67% stake.

Cash is nice support but machinery is very quickly out of date in this type of industry.

[robbie12] 06/9/2006 10:21

Think when you figure in 50p of net assets, including 25p in cash, then this is still cheap. Sales suffered as new products coming out meant some customers waited. Will chat to the management and post as and when.

[papalpower] 06/9/2006 07:54

Wednesday 6 September 2006

Visonic

Interim Results

Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and
manufacturer of electronic security systems (alarms) and home management
systems, is pleased to announce its Interim Results for the half year ended 30
June 2006.

Highlights

- Good growth in earnings per share - up 25% to 9.6 cents (from 7.7 cents in H1-2005)

- Profit before tax up 6% to $4.4m (from $4.1m in H1-2005), PBTA at $4.5m

- Group sales increased to $32.7m ($32.2m in H1-2005)

- Incoming orders were up 6.5% above the comparable period,
principally due to good performance of the core business

- Very strong balance sheet with $20.7m in cash and equivalents and
strong cash generation

- New products well received by market: PowerLink and PowerMaxPro

Visonic's CEO, Dr. Avi Shachrai, commented:

"Once again Visonic has delivered a satisfactory performance in
profits and earnings per share during the first half of 2006. We have made
significant progress with our sales strategy, entering distribution agreements
with major international companies which we regard as the foundation for
future profitable growth."

"The Group's new products, PowerMaxPro and PowerLink have been well
received in the market place. We advanced our expansion into the telemedicine
field by investment in TMT Telemedicine Web Medical Center (hereafter "TMT")."

"Sales in the two first months of the second half in the core
business of Visonic remain strong."