Shares & Derivatives
Investing in VICOM: What You Need to Know About its Business Before You Invest
By The Fifth Person  •  October 7, 2015
VICOM Limited (SGX: V01) is a vehicle inspection company based in Singapore. Apart from our famous ERP, anyone who owns a car in Singapore would probably know about VICOM. Yes, I know… all car owners have gone through the dreaded hassle of bringing your car to VICOM knowing that a failed inspection means having to go through the trouble all over again (not to mention forking out more inspection fees a second time around). However, if you come from an investor’s point of view, failed inspections and extra revenue may not seem like such a bad idea after all! Unlike tech companies like Apple, Facebook, and Amazon, vehicle inspection is pretty much a boring business. You know, all the grease, oil, and mechanical work that gets your hands dirty. Then again, behind this boring business, VICOM Limited has been bringing in cash like clockwork just like what it’s supposed to ......
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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