Jason Donville
LOREX Technology Inc.
LOX-X
COMMENT
Mar 05, 2012
Lorex Technologies (LOX-X) or Alarmforce Industries (AF-T)? Alarmforce is a more mature company with a better track record. This one has a good track record but not a long one. Trading with 6 or 7 times earnings multiple and is significantly cheaper.
Wired and wireless video security solutions. Not part of his model. Earnings expected to have a loss of $.12 in Sept/06, rising to $.02 in Sept/07. Relatively pricey, with a P/E of 22.