LOL8 Jan 2009 16:26
Stop ramping it Tim ;o)
Did a bit of research today. I'm sure that the security industry will benefit as people are actually going to put money under matresses, or gold in safes. This lot developed wireless system, GSM connectability and so can be done at home by DIY. Profit growth of 4x on increased sales growth.
They've even paid a dividend last two years! Share price has very little movement. Two bigs drops recently may coinside with a couple of bits of negative news. First was a spat with Credit Suisse, now resolved which meant VSC had $3million approx returned to them by the bank. Second was an interim trading statement which said sales were strong but that they could not comment on 2009 as their sales were 'last minute'.
I've bought 2000 shares, trying to drag my portfolio up market and think these fit the bill.
GL with yours! What inspired you? People are going to think this is the ramp we mentioned this morning, fvck 'em if they do ;o)