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IndigoVision – why the half-year results share price slump?

By Steve Moore | Saturday 23 September 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Having been sparked from well below 200p by a May update including that “in the first 19 weeks of 2017, overall revenues were ahead of the corresponding period last year. The immediate outlook is more positive than it has been for some time”, shares in video security systems group IndigoVision (IND) have now fallen back to around the 200p level on results for the first half of 2017. Hmmm…


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