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Indigovision

September 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • IND
  • Price:
  • 293p
IndigoVision has issued a depressing trading update, which said that pretax profit for the year will now come in below expectations. Some large contracts, which had been expected, have been delayed, the sales mix has favoured a higher proportion of low margin camera hardware whilst overheads have also risen. Indigovision expects pretax profit will be £2m (eps 19p) against broker expectations of £3.4m. Results are due on 26 September. We tipped the shares at 297.5p in March '12 (adjusted for the 70p special dividend) and they subsequently soared to 416p after the company suggested it was set fair for 20%+ compound growth but there has been little evidence of that to emerge to date. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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