With the recent pandemic, many investors are now warier with regards to their portfolio and are now seeking stronger “safe havens” to anchor down their portfolio. Companies with strong MOATs and predictable cash flow can help provide a steady stream of income even in times of a recession. VICOM (SGX: WJP) is one such company that fulfills these requirements. In this article, I’ll be sharing with you all that you need to know about VICOM in 2021 before investing in the company. Business Model VICOM is Singapore’s leading provider in vehicle inspection and technical testing services. The Singapore law mandates regular vehicles be inspected after your vehicle is 3 years old, after which the vehicle must be inspected every 2 years. After a vehicle is 10 years old, it must be inspected every year. Depending on the type of vehicle, the inspection frequency might increase as well. This makes the overall business boring but predictable, which is why VICOM is a fantastic cash cow for investors and specifically dividend investors.  ...