VICOM Ltd *Official* (SGX:WJP)

[Shion]

Just curious if anyone notice this stock?

Subsidiary of Comfort, who owns 67% of this stock

 

[Perisher]

Noticing forever... Never comes down. Wanna buy also cannot...

 

[endlssorrow]

This stock got a thread liao

Y dun wan dig out lei

 

[Shion]

Got thread already !? Paiseh, I never check

*edit -- cant find the thread, the other vicom threads not about the stock

 

[Shion]

Noticing forever... Never comes down. Wanna buy also cannot...

Yes, keeps getting higher and higher. Any insights from anyone?

Their business seems profitable, keep moving upwards iirc

I glanced upon this stock while reading one book

 

[htngwilliam]

This is a good stock. Even if oil crash, u still need to send your car to Vicom for inspection. Only problem is how can they continue to grow their revenue with the reduction in the number of available COE?

Hopefully they can have other revenue stream

 

[Shion]

This is a good stock. Even if oil crash, u still need to send your car to Vicom for inspection. Only problem is how can they continue to grow their revenue with the reduction in the number of available COE?

Hopefully they can have other revenue stream

Will take note of this. Thanks!

 

[htngwilliam]

Good time to collect. Hehe! Went down a lot

 

[leonaheidern]

Possible for it to drop lower like to 6 bucks?

Sent from Sony C6603 using GAGT

 

[Shion]

Possible for it to drop lower like to 6 bucks?

Sent from Sony C6603 using GAGT

Possible. Has been going downwards slowly, it appears to be.

But a lack of news...Hmm...

 

[Shion]

thanks MeowMeow

 

[athulican]

Bought at $1.68. Sell until left 1 lot.

 

[Shion]

Bought at $1.68. Sell until left 1 lot.

When did you started selling it ?

 

[athulican]

When did you started selling it ?

2011, 12, 14.

 

[athulican]

Come to think of it, sigh ...

 

[Shion]

I didn't monitor this stock at that time, so I can't comment much.

Look at other stocks then

 

[wahkao3]

yes this is an amaizing stock

 

[htngwilliam]

http://www.nusinvest.com/wp-content/uploads/2015/02/VICOM-Equity-Research-Report-010215.pdf

1. I am not sure how many ppl will change new car due to the high COE price and also the downpayment for the car. Even buying a Japanese car will need buyers to pump at least $60,000 as downpayment. I presume a lot of liquidity gone

2. Vicom can still increase the inspection cost to cover for lesser cars which requires inspection. Can we don't inspect our cars? Is there another company we can go to? Suck thumb. Unless another company pops up, then vicom can continue to determine how much we pay

3. I don't quite understand how oil and gas will affect Vicom's revenue? Majority of the revenue comes from vehicle inspection.

4. They have lots of cash and 0 debt. Can do some acquisition. No worry of interest hike also

 

[Perisher]

Come to think of it, sigh ...

I've been monitoring forever. sigh together.

 

[athulican]

dun too sad
this will not be your last boat

in life there will always be more opportunities

Thank you.