The recent price decline in Vicom has caught my attention. It has fallen from a high of $6.60 to a recent $5.85 and I received queries from a reader whether the stock is a buy at this price. I told the reader who emailed me that I do not give a recommendation, but can provide an analysis of where I think the company’s outlook is heading right now.
I have made two posts this year in relation to Vicom. The first one was on 12th February 2014 while the second was on 11th May 2014. You may refer to my previous posts should you be interested.
It has now been almost 5 months since I’ve last written an analysis on the company. So let’s see what updates there are since. I would probably not touch too much on its financials …