Shares & Derivatives
VICOM
By Some Ideas on Investing in Singapore  •  September 22, 2015
This seems to be quite a popular company among some other financial bloggers, so I'll be doing some analysis on it as well. Background: VICOM, a subsidiary of ComfortDelgro, provides inspection and testing services for vehicles and is one of the 3 companies that run LTA authorized inspection centres, so if you're a car owner, you may be familiar with the company

(Image source: http://www.vicom.com.sg/)

Its income statement seems quite good with both revenue and profits increasing for the past 5 years (2010-2014). It doesn't seem to be expanding so this growth is likely to be from increases in its fees or maybe increase in market share. Considering its position as one of the 3 companies that run LTA authorized inspection centres, which would provide it with a steady stream of customer, this earnings growth would seem even better as it shows that it is able to increase ......
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By Some Ideas on Investing in Singapore
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