Vicom has released its first quarter results for the new financial year and investors were waiting anxiously regarding recent news of carmageddon surrounding more deregistration of cars in the next few years. I've made a couple of blog posts in the past about the company so i will not repeat too much into the details. For past articles, you can refer to here:
Vicom FY14 Results - Are we seeing a slowdown in the business?
Vicom - Looking Ahead and Beyond
Vicom - Looking Ahead and Beyond - Part 2
Vicom - Is Special Dividend Going To Increase Again This Year?
To be honest, this wasn't anything new that investors are not aware of. I've covered in my previous rounds of articles that the deregistration wave is coming so this might somehow impact the growth that Vicom used to enjoy in the past. I've updated below regarding the latest aging ......