We recently recommended shares in IndigoVision (IND) at a 210p offer price and up to 225p, noting the company had been loss-making in recent years but a January trading update which offered encouragement having been followed by a full-year results announcement suggesting further potential. Now an announcement; “Recommended cash acquisition of IndigoVision”…
Video security systems group IndigoVision (IND) has announced results for the first half of 2019 emphasising “return to profit in H1, the first time this has been achieved since 2014” and “momentum in the business”. Sounds encouraging…
A “Posting of Circular & Notice of General Meeting” announcement from IndigoVision (IND) sounds innocuous – though the first paragraph then states it is “for the purpose of approving a new Long Term Incentive Plan”. Hmmm…
Networked video security systems group IndigoVision (IND) has announced results for the 2017 calendar year including “the group's financial performance in 2017 and indeed, prior years, has not been acceptable and IndigoVision is not achieving its full potential. This has resulted in significant changes in the board and senior management… the group's strategic direction has been set to better serve our shareholders, customers, employees, partners and other stakeholders”. Hmmm…
Writing on results for the first half of 2017 from IndigoVision (IND) I concluded that there continued to look value, but that I was wary of the second half reliance and that the profit forecast looked ambitious. There’s now been a “Trading update and Board changes” announcement including “it is now clear that management's expectations will not be achieved and that a full year operating loss will be reported” and that, after 14 years service, “Marcus Kneen has resigned from the board and has ceased to be Chief Executive Officer with immediate effect”. Hmmm…
Having been sparked from well below 200p by a May update including that “in the first 19 weeks of 2017, overall revenues were ahead of the corresponding period last year. The immediate outlook is more positive than it has been for some time”, shares in video security systems group IndigoVision (IND) have now fallen back to around the 200p level on results for the first half of 2017. Hmmm…
In March I stated there looked enough to justify a speculative buy of shares in networked video security systems group IndigoVision (IND), with they then at just over 180p. The following updates with the shares currently soaring, above 200p, on the back of an AGM trading update announcement…
Previously writing on networked video security systems group IndigoVision (IND) late last year, I concluded that further trading and financial comfort was required. I now note the shares currently on the rise on the back of results for the 2016 calendar year…
Previously writing on video security systems group IndigoVision (IND), I concluded that although a market cap of sub £11.5 million suggested there potentially good value, trading concerns saw it for now remain on the watchlist. The following updates on the back of a “Trading Update” announcement...
Despite the company arguing that “results for the first half of 2016 are a strong improvement on 2015”, shares in video security systems group IndigoVision (IND) are currently more than 5% lower, at 150p, on the results announcement. Let’s take a look...
Hello Share Smashers. I sold my long-held shares in IndigoVision (IND) a couple of years ago. They’d made a big profit for me. So why did I sell?
Having previously been positive on shares in IndigoVision Group (IND), I last concluded, with the shares then at 267.5p, that it was difficult to be particularly confident and that I’d look for safer value elsewhere (see HERE). I now update with the shares currently approaching 6% lower today, at 123.5p, on the back of a trading update for the first half of 2016…
