In today’s briefing:
- Vicom Ltd: When Less Is More
Vicom Ltd: When Less Is More
What does a company do when its original business is producing good profitability, strong cashflow and return on equity (“ROE”), but no growth?
VICOM Ltd. (“VICOM”) is one such company.
It is a pioneer in Singapore’s Vehicle Inspection industry and has close to 73% market share, in an industry whose demand is guaranteed by government regulation that all vehicles have to be inspected at regular intervals.
💡 Before it’s here, it’s on Smartkarma
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