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hokpin Supreme	06-Jun-2020 22:09        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	What's going on with this counter that hit historical high while there is no extra business while Gov keeps saying control the no. Of COE, ie reduce the no. Of vehicles? Target to have every 10 mins walk, can find a MRT? aniki19      ( Date: 03-Jun-2020 16:23) Posted: $8.50 soon! Steady
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actan99 Master	05-Jun-2020 09:50        actan99 About Contact  Quote this Post!
x 0   x 0  Alert Admin	what a good stock !
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actan99 Master	03-Jun-2020 16:31        actan99 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes good !  aniki19      ( Date: 03-Jun-2020 16:23) Posted: $8.50 soon! Steady
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aniki19 Member	03-Jun-2020 16:23        aniki19 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$8.50 soon! Steady
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chengwh1 Elite	02-Jun-2020 13:33        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ann' t out after mkt close last Friday,... all dates pertaining to share split taking place next week. High probability post-split,... share price will start running-up beyond the $2.00,...
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chengwh1 Elite	21-May-2020 23:04        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The AGM did not mention the dates for the share split exercise to take place. Any dates that anyone is aware of pls ?
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actan99 Master	21-May-2020 15:34        actan99 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rock steady indeed, on a upward and steady trend as well.  Monopoly business.  Great Q1 results as well. Upcoming Dividends very good also.
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Joelton Supreme	21-May-2020 09:51        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Vicom posts steady Q1 results in period before circuit breaker WED, MAY 20, 2020 - 9:35 PM VICOM on Wednesday posted a flat net profit of S$7.3 million for its first quarter ended March 31. Its revenue held steady at S$25.3 million. The vehicle-inspection group said this was because its inspection and testing services businesses had remained stable in the three months before the circuit-breaker measures took effect in April and May. As at end-March, it continued to hold cash and cash equivalents of S$98 million.  During the quarter, the company posted capital expenditure of S$1.6 million, compared to S$1 million a year ago, but, excluding the progressive payments for the addition and alteration works costing S$833,000 at its new  Bukit Batok premises, capex would have been lower, as the group is  deferring non-essential capex to conserve cash. To cope with the Covid-19 impact, Vicom&rsquo s senior management and directors have taken voluntary cuts in pay and fees. Operationally, vehicle inspections for goods vehicles, buses, taxis, private-hire cars and motorcycles have been occurring as per normal, but private cars due for inspection between April 7 and June 21 will have the check deferred for six months. Vicom' s new-car registrations and emission-test laboratories, however, have been affected by the suspension of bidding for Certificates of Entitlement (COEs). Its non-vehicle testing business has been exempted from serving essential-service providers and key industries during the circuit-breaker period. However, the severe impact of the circuit breaker on its clients from the construction, oil and gas, aviation, and food and beverage sectors will have an impact on Vicom&rsquo s activity levels, it said. &ldquo Recovery from Covid-19 is expected to be gradual and mirror that of the economy closely.&rdquo Among government measures that will help the company is a co-funding of local employees&rsquo salaries through the implementation of the Jobs Support Scheme, and the waivers and rebates of levy for foreign workers. Business-support schemes with tax deferments/rebates and rental waivers granted by the government have also helped the firm. On its part, Vicom has enhanced cleaning measures and stocked up on personal protective equipment. It has also deployed social-distancing ambassadors to remind staff and customers to practise safe distancing. Its shares added two cents to S$7.98 on Wednesday. https://www.businesstimes.com.sg/companies-markets/vicom-posts-steady-q1-results-in-period-before-circuit-breaker
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sengsk Elite	07-Mar-2020 12:28        sengsk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aimimg for this stock long long ago. Will it happen for interested investors ? I' m
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turtletrader Senior	28-Feb-2020 11:38        turtletrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just collected some below $8 this morning, hopefully it does not drop further...
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enjoylife77 Veteran	18-Feb-2020 17:06        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chased some yesterday.
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Maxgrow68 Elite	17-Feb-2020 15:52        Maxgrow68 About Contact  Quote this Post!   Yells: "Right and Kind. Choose Kind then you are always Right !"
x 0   x 0  Alert Admin	Why huh? Price shot up 32c  more than  div payable 0.2429? Lucas4      ( Date: 17-Feb-2020 14:46) Posted: new high to sky
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Lucas4 Veteran	17-Feb-2020 14:46        Lucas4 About Contact  Quote this Post!
x 0   x 0  Alert Admin	new high to sky
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chengwh1 Elite	18-May-2019 20:26        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tq bayduck for your good insights,... as we discussed here, the price has run-up tp $6.70 now... not much chance to buy anymore,.... bayduck      ( Date: 15-May-2019 06:47) Posted: For a business that&rsquo s not growing much, I actually think it&rsquo s better for them to return back cash to shareholders instead of reinvesting back into the business. While payout ratio is higher than profits, I am comfortable so Long they are not leveraging their balance sheet to maintain dividends. receivables is a minor issue, SGX queries companies so Long as revenues grow significantly slower than receivables. In this case, receivable days of vicom is still Low. And the increase in receivables in 2018 is not significant in absolute terms (around $3m). You can write off the entire increase and i am still happy to own vicom. chengwh1      ( Date: 15-May-2019 02:24) Posted: Tq bayduck for your reply,... Aren' t you concerned abt the high payout ratios for 2017 and 2018 (approx 120%) here ? Secondly,  from the previous reporting, which was the FY18 report, SGX queried about the high trade receiveables number. Though this number has dropped in 1Q19 compared to 4Q18, nevertheless, the number is still high. Any opinions on the above two matters please
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bayduck Member	15-May-2019 06:47        bayduck About Contact  Quote this Post!
x 0   x 0  Alert Admin	For a business that&rsquo s not growing much, I actually think it&rsquo s better for them to return back cash to shareholders instead of reinvesting back into the business. While payout ratio is higher than profits, I am comfortable so Long they are not leveraging their balance sheet to maintain dividends. receivables is a minor issue, SGX queries companies so Long as revenues grow significantly slower than receivables. In this case, receivable days of vicom is still Low. And the increase in receivables in 2018 is not significant in absolute terms (around $3m). You can write off the entire increase and i am still happy to own vicom. chengwh1      ( Date: 15-May-2019 02:24) Posted: Tq bayduck for your reply,... Aren' t you concerned abt the high payout ratios for 2017 and 2018 (approx 120%) here ? Secondly,  from the previous reporting, which was the FY18 report, SGX queried about the high trade receiveables number. Though this number has dropped in 1Q19 compared to 4Q18, nevertheless, the number is still high. Any opinions on the above two matters please ? bayduck      ( Date: 14-May-2019 14:12) Posted: Solid business, I' m vested as well, for the long-term. Nothing much going on with Vicom, it' s just a stable boring cash flow generative businses, so I guess it' s no surprise there' s little discussion
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chengwh1 Elite	15-May-2019 02:24        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tq bayduck for your reply,... Aren' t you concerned abt the high payout ratios for 2017 and 2018 (approx 120%) here ? Secondly,  from the previous reporting, which was the FY18 report, SGX queried about the high trade receiveables number. Though this number has dropped in 1Q19 compared to 4Q18, nevertheless, the number is still high. Any opinions on the above two matters please ? bayduck      ( Date: 14-May-2019 14:12) Posted: Solid business, I' m vested as well, for the long-term. Nothing much going on with Vicom, it' s just a stable boring cash flow generative businses, so I guess it' s no surprise there' s little discussion. chengwh1      ( Date: 14-May-2019 13:26) Posted: Looks like I' m talking to myself here,.... hehe,.... no replies from any forummer,... After the big news from China yesterday, Vicom sank to 6.52 this morning. Waiting for it to go lower in order to average up !
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bayduck Member	14-May-2019 14:12        bayduck About Contact  Quote this Post!
x 0   x 0  Alert Admin	Solid business, I' m vested as well, for the long-term. Nothing much going on with Vicom, it' s just a stable boring cash flow generative businses, so I guess it' s no surprise there' s little discussion. chengwh1      ( Date: 14-May-2019 13:26) Posted: Looks like I' m talking to myself here,.... hehe,.... no replies from any forummer,... After the big news from China yesterday, Vicom sank to 6.52 this morning. Waiting for it to go lower in order to average up !
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chengwh1 Elite	14-May-2019 13:26        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like I' m talking to myself here,.... hehe,.... no replies from any forummer,... After the big news from China yesterday, Vicom sank to 6.52 this morning. Waiting for it to go lower in order to average up !
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chengwh1 Elite	13-May-2019 17:56        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well,... 1) NO more SGX queries this time on their trade receiveables, perhaps because the amount has dropped from Dec 2018 to Mar 2019. 2) Loan amount is reflected this time because of adherence to the new accounting standard of SFRS(I) 16. In the previous quarter, the loan number was ' Nil' . All other metrics seemed okay,... no dividend paid out this time, hence, no Payout Ratio reflected yet. Need to wait for the next quarter.
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chengwh1 Elite	27-Apr-2019 23:53        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Re-visiting this Vicom thread,... I just wanted to warn that the Payout Ratio (for Dividend Payout) for both FY2017 and FY2018 is at a high of 120%. This can be seen on : Summary of Financial Results for FY2018. Look at Pg 2, after the Title Page. https://links.sgx.com/FileOpen/20190424%20-%20VICOM%20AGM%20Presentation%20Slides.ashx?App=Announcement& FileID=555457 How long can the dividend payment last here ?
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