Avigilon Corp

AVO-T

TSE:AVO

0.00
0.00 (0.00%)
Avigilon Corporation is a Vancouver-based company that designs, manufactures and markets video surveillance software and equipment. It was founded in 2004 by Alexander Fernandes in Vancouver, British Columbia.
More at Wikipedia

Analysis and Opinions about AVO-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
October 11, 2018

(A Top Pick Oct 6/17, Up 48%) It was taken over for $27 in March and the acquirer got a screaming bargain. They do security work at the Rogers center, for example.

Avigilon Corp (AVO-T)
October 11, 2018

(A Top Pick Oct 6/17, Up 48%) It was taken over for $27 in March and the acquirer got a screaming bargain. They do security work at the Rogers center, for example.

Robert McWhirter
President, Selective Asset Management
Price
$26.980
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 13, 2018

(Past Top Pick, Nov. 14, 2017, Up 36%) Taken out by Motorola. Bittersweet for him. They were beating market expectations with new products that looked like they had traction. But it's another case of a great Canadian company bought out. Good results, but sad to see it go.

Avigilon Corp (AVO-T)
September 13, 2018

(Past Top Pick, Nov. 14, 2017, Up 36%) Taken out by Motorola. Bittersweet for him. They were beating market expectations with new products that looked like they had traction. But it's another case of a great Canadian company bought out. Good results, but sad to see it go.

Ryan Modesto
Managing Partner, 5i Research
Price
$26.980
Owned
No
PAST TOP PICK
PAST TOP PICK
August 3, 2018

(A Top Pick August 22/17 Up 65%) This company is involved in surveillance technology and was recently acquired by Motorola for a nice premium.

Avigilon Corp (AVO-T)
August 3, 2018

(A Top Pick August 22/17 Up 65%) This company is involved in surveillance technology and was recently acquired by Motorola for a nice premium.

Peter Hodson
CEO & Head of Research, 5i Research Inc.
Price
$26.980
Owned
Yes
BUY
BUY
January 5, 2018

He still believes there is a lot of upside. Their products are in high demand because of the security kind of focus they had. This continues to rank well and he still likes it.

Avigilon Corp (AVO-T)
January 5, 2018

He still believes there is a lot of upside. Their products are in high demand because of the security kind of focus they had. This continues to rank well and he still likes it.

Robert McWhirter
President, Selective Asset Management
Price
$21.110
Owned
No
BUY
BUY
January 2, 2018

He likes this. They are ticking every box. Has a strong balance sheet, a property in Vancouver they are looking to sell, and valuation is pretty cheap. Good earnings growth and good revenue growth. They’re also looking at a new business where they are going to be doing software as a service business model, and markets really like software service businesses, because it is high margin, predictable types of revenue. They've been blowing out estimates over the last 2 to 3 quarters.

Avigilon Corp (AVO-T)
January 2, 2018

He likes this. They are ticking every box. Has a strong balance sheet, a property in Vancouver they are looking to sell, and valuation is pretty cheap. Good earnings growth and good revenue growth. They’re also looking at a new business where they are going to be doing software as a service business model, and markets really like software service businesses, because it is high margin, predictable types of revenue. They've been blowing out estimates over the last 2 to 3 quarters.

Ryan Modesto
Managing Partner, 5i Research
Price
$21.350
Owned
Unknown
TOP PICK
TOP PICK
November 14, 2017

Video surveillance technology. Just announced they are going to be launching a sort of software service product, and the market loves recurring revenues. Too early to get excited about that, but it’s interesting. They’ve had communication issues with the market in the past, which is what led to a lot of the downdraft. However, they’ve shifted strategies and are now focused on profitability. The last 2 quarters beat earnings estimates by 50% and just shy of 40%. Has a lot of cash on the balance sheet with the sale of a Vancouver property that is just going through now. (Analysts’ price target is $22.75.)

Avigilon Corp (AVO-T)
November 14, 2017

Video surveillance technology. Just announced they are going to be launching a sort of software service product, and the market loves recurring revenues. Too early to get excited about that, but it’s interesting. They’ve had communication issues with the market in the past, which is what led to a lot of the downdraft. However, they’ve shifted strategies and are now focused on profitability. The last 2 quarters beat earnings estimates by 50% and just shy of 40%. Has a lot of cash on the balance sheet with the sale of a Vancouver property that is just going through now. (Analysts’ price target is $22.75.)

Ryan Modesto
Managing Partner, 5i Research
Price
$19.840
Owned
No
TOP PICK
TOP PICK
October 6, 2017

Makes video surveillance and access controlled software, and their products include facial recognition. Year-over-year sales have done quite well. Expecting earnings growth of 27% in 2018, with a further 26% in 2019. (Analysts’ price target is $20.)

Avigilon Corp (AVO-T)
October 6, 2017

Makes video surveillance and access controlled software, and their products include facial recognition. Year-over-year sales have done quite well. Expecting earnings growth of 27% in 2018, with a further 26% in 2019. (Analysts’ price target is $20.)

Robert McWhirter
President, Selective Asset Management
Price
$18.450
Owned
No
DON'T BUY
DON'T BUY
September 28, 2017

The CEO runs it like a private company. It is hard for him if he is not aligned with the CEO. The stock has done alright on a longer term chart. But he will not invest in it.

Avigilon Corp (AVO-T)
September 28, 2017

The CEO runs it like a private company. It is hard for him if he is not aligned with the CEO. The stock has done alright on a longer term chart. But he will not invest in it.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$17.820
Owned
No
TOP PICK
TOP PICK
September 14, 2017

Makes high definition security cameras. They originally started mostly on the hardware side, but now are really starting to move into the software side. The artificial intelligence they have and the bundle between hardware and software is becoming more user-friendly, saving their users a lot of time and labour as well. (Analysts’ price target is $20.)

Avigilon Corp (AVO-T)
September 14, 2017

Makes high definition security cameras. They originally started mostly on the hardware side, but now are really starting to move into the software side. The artificial intelligence they have and the bundle between hardware and software is becoming more user-friendly, saving their users a lot of time and labour as well. (Analysts’ price target is $20.)

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$17.890
Owned
Yes
TOP PICK
TOP PICK
August 22, 2017

They finally figured out how to be a public company. They have now made 7 of 8 quarters. They are a great company with great products. (Analysts’ target: $20.00).

Avigilon Corp (AVO-T)
August 22, 2017

They finally figured out how to be a public company. They have now made 7 of 8 quarters. They are a great company with great products. (Analysts’ target: $20.00).

Peter Hodson
CEO & Head of Research, 5i Research Inc.
Price
$16.390
Owned
No
COMMENT
COMMENT
May 5, 2017

Very interesting and quite sophisticated technology. The problem is, it is a hardware company. They always have a problem of fighting against a better and cheaper mouse trap. A Chinese competitor has been quite aggressive in pricing. He doesn’t like the long-term fundamentals. If he had to choose between a Long or Short position, he would choose the Short.

Very interesting and quite sophisticated technology. The problem is, it is a hardware company. They always have a problem of fighting against a better and cheaper mouse trap. A Chinese competitor has been quite aggressive in pricing. He doesn’t like the long-term fundamentals. If he had to choose between a Long or Short position, he would choose the Short.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$16.510
Owned
Unknown
COMMENT
COMMENT
April 25, 2017

This used to be a hot stock. It went through some expansion plans using some CapX, which really hurt the company. Technically, it is at resistance level, which is actually quite good. Once it breaks through that resistance level, it would be a good stock to hold onto on a go forward basis.

Avigilon Corp (AVO-T)
April 25, 2017

This used to be a hot stock. It went through some expansion plans using some CapX, which really hurt the company. Technically, it is at resistance level, which is actually quite good. Once it breaks through that resistance level, it would be a good stock to hold onto on a go forward basis.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$16.130
Owned
Unknown
COMMENT
COMMENT
February 15, 2017

A provider of intelligence security systems, cameras and related software. It was once a market darling, but has stumbled badly. There has been a bit of a revolving door in the executive offices. Financial governances are not terrific. Credibility of management is a bit suspect, with a history of overpromising and under delivering. Analysts have a tough time with revenue visibility because the product is sold through a network of resellers.

Avigilon Corp (AVO-T)
February 15, 2017

A provider of intelligence security systems, cameras and related software. It was once a market darling, but has stumbled badly. There has been a bit of a revolving door in the executive offices. Financial governances are not terrific. Credibility of management is a bit suspect, with a history of overpromising and under delivering. Analysts have a tough time with revenue visibility because the product is sold through a network of resellers.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$15.290
Owned
No
COMMENT
COMMENT
February 6, 2017

An example of a stock that looked to be trending down, and something seems to be happening. It is a little early to be overly bullish, but it does look to be breaking its trend line. It is in the early stages of a potential breakout.

Avigilon Corp (AVO-T)
February 6, 2017

An example of a stock that looked to be trending down, and something seems to be happening. It is a little early to be overly bullish, but it does look to be breaking its trend line. It is in the early stages of a potential breakout.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$12.810
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
January 6, 2017

(A Top Pick Oct 16/15. Down 2.43%.) It looks like they are back on track as far as making money. In the near term, the next couple of quarters won’t be great, but looking out over the next 1-1.5 years, it should be interesting.

Avigilon Corp (AVO-T)
January 6, 2017

(A Top Pick Oct 16/15. Down 2.43%.) It looks like they are back on track as far as making money. In the near term, the next couple of quarters won’t be great, but looking out over the next 1-1.5 years, it should be interesting.

Robert McWhirter
President, Selective Asset Management
Price
$13.170
Owned
No
HOLD
HOLD
December 22, 2016

He has historically been short this and still has a tiny bit but has been covering it. They didn’t have very efficient use of capital. The main negative though, has been on the cost side, which seems to be under control now.

Avigilon Corp (AVO-T)
December 22, 2016

He has historically been short this and still has a tiny bit but has been covering it. They didn’t have very efficient use of capital. The main negative though, has been on the cost side, which seems to be under control now.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$12.260
Owned
Yes
DON'T BUY
DON'T BUY
December 20, 2016

This has been a letdown. He has stayed away from it. It is hard to get a grasp on what they are doing. He likes the technology and the fundamentals. It is very lumpy. He needs to feel comfortable with management teams running these things. He is not getting a clear vision on how they are going to build the business.

Avigilon Corp (AVO-T)
December 20, 2016

This has been a letdown. He has stayed away from it. It is hard to get a grasp on what they are doing. He likes the technology and the fundamentals. It is very lumpy. He needs to feel comfortable with management teams running these things. He is not getting a clear vision on how they are going to build the business.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$12.380
Owned
No
COMMENT
COMMENT
November 16, 2016

This had been a darling, a dog, a darling all in a couple of years’ time. The CEO is a super driven guy. The market was always concerned that they had revenue, but they weren’t really seeing that translate into earnings. The most recent quarter really did translate into earnings, and the stock had a huge move up.

Avigilon Corp (AVO-T)
November 16, 2016

This had been a darling, a dog, a darling all in a couple of years’ time. The CEO is a super driven guy. The market was always concerned that they had revenue, but they weren’t really seeing that translate into earnings. The most recent quarter really did translate into earnings, and the stock had a huge move up.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$11.750
Owned
No
COMMENT
COMMENT
November 2, 2016

Every quarter they say they are investing for growth and to get market share, but investors are saying that they don’t like spending or the impact on earnings, and the stock has been decimated. We won’t know if it is the right strategy for another 5 years, but at least they are willing to do it as opposed to a lot of others that will toe to the shareholders to just get quarterly numbers.

Avigilon Corp (AVO-T)
November 2, 2016

Every quarter they say they are investing for growth and to get market share, but investors are saying that they don’t like spending or the impact on earnings, and the stock has been decimated. We won’t know if it is the right strategy for another 5 years, but at least they are willing to do it as opposed to a lot of others that will toe to the shareholders to just get quarterly numbers.

Peter Hodson
CEO & Head of Research, 5i Research Inc.
Price
$8.350
Owned
No
DON'T BUY
DON'T BUY
October 20, 2016

It is getting to the point where he will start covering his short position. Management has not delivered on what they promised.

Avigilon Corp (AVO-T)
October 20, 2016

It is getting to the point where he will start covering his short position. Management has not delivered on what they promised.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$8.400
Owned
No
COMMENT
COMMENT
October 4, 2016

A hardware company that essentially provides cameras for surveillance and other analysis tools. They have just been kicked out of a bunch of indices, and he shorted the stock based on that. They seem to be very focused on growing their revenues rather than their profitability. Also, they are facing some competition from Chinese competitors. He doesn’t think people are willing to pay up for higher end cameras. Their margins are really taking a hit.

Avigilon Corp (AVO-T)
October 4, 2016

A hardware company that essentially provides cameras for surveillance and other analysis tools. They have just been kicked out of a bunch of indices, and he shorted the stock based on that. They seem to be very focused on growing their revenues rather than their profitability. Also, they are facing some competition from Chinese competitors. He doesn’t think people are willing to pay up for higher end cameras. Their margins are really taking a hit.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$8.530
Owned
Yes
COMMENT
COMMENT
September 30, 2016

Fundamentals have always fundamentally looked good, but it has just been sliding down. They have a bit of a strategy shift, going to a loss leader strategy, where they are going to sell cheaper surveillance cameras to get their foot in the door with customers, and then up-sell them with higher quality versions of their product. Longer-term, that is probably not a bad strategy, but it was not what they sold investors in the 1st place. It is really a “show me” story.

Avigilon Corp (AVO-T)
September 30, 2016

Fundamentals have always fundamentally looked good, but it has just been sliding down. They have a bit of a strategy shift, going to a loss leader strategy, where they are going to sell cheaper surveillance cameras to get their foot in the door with customers, and then up-sell them with higher quality versions of their product. Longer-term, that is probably not a bad strategy, but it was not what they sold investors in the 1st place. It is really a “show me” story.

Ryan Modesto
Managing Partner, 5i Research
Price
$9.070
Owned
Unknown
WATCH
WATCH
September 19, 2016

(Market Call Minute) They are experiencing significant pressure from Chinese suppliers. Wait for revenue growth to stabilize.

Avigilon Corp (AVO-T)
September 19, 2016

(Market Call Minute) They are experiencing significant pressure from Chinese suppliers. Wait for revenue growth to stabilize.

Teal Linde
Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report
Price
$9.070
Owned
Unknown
DON'T BUY
DON'T BUY
August 29, 2016

Their technology is pretty cutting edge. They provide digital security cameras and related software for large-scale corporate, retail and industrial applications. Had been a pretty good growth stock for a number of years. Feels management has lost a lot of credibility. They missed numbers. Also, they have a revolving door in the C suite with the CFO, etc. Too risky for his clients.

Avigilon Corp (AVO-T)
August 29, 2016

Their technology is pretty cutting edge. They provide digital security cameras and related software for large-scale corporate, retail and industrial applications. Had been a pretty good growth stock for a number of years. Feels management has lost a lot of credibility. They missed numbers. Also, they have a revolving door in the C suite with the CFO, etc. Too risky for his clients.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$9.160
Owned
No
COMMENT
COMMENT
August 26, 2016

This has been a tough one for investors in the last few years. They were really focused on hitting this $500 million revenue target, and from all accounts it looks like they are going to succeed. However, they have done it at the cost of being profitable and being cash flow positive. Sold his holdings at significant higher prices. It is probably a takeover candidate once they turn that profitability around.

Avigilon Corp (AVO-T)
August 26, 2016

This has been a tough one for investors in the last few years. They were really focused on hitting this $500 million revenue target, and from all accounts it looks like they are going to succeed. However, they have done it at the cost of being profitable and being cash flow positive. Sold his holdings at significant higher prices. It is probably a takeover candidate once they turn that profitability around.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$9.340
Owned
No
WAIT
WAIT
August 19, 2016

This is in the surveillance business. They meet his criteria, but he doesn’t own it because the stock has been technically weak. They seem to be chronically undervalued, but is not sure why. He would wait for more technical strength in the stock.

Avigilon Corp (AVO-T)
August 19, 2016

This is in the surveillance business. They meet his criteria, but he doesn’t own it because the stock has been technically weak. They seem to be chronically undervalued, but is not sure why. He would wait for more technical strength in the stock.

Jason Del Vicario
Portfolio Manager, HollisWealth
Price
$9.620
Owned
No
DON'T BUY
DON'T BUY
August 17, 2016

(Market Call Minute.) Just reported crummy results. Not a cheap stock, so he would avoid it.

Avigilon Corp (AVO-T)
August 17, 2016

(Market Call Minute.) Just reported crummy results. Not a cheap stock, so he would avoid it.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$9.890
Owned
No
COMMENT
COMMENT
August 16, 2016

This is down about 25%. They had to cut their guidance going forward because of having to take some price cuts on some of their older surveillance equipment. When you are a smaller company, revenue misses have a more meaningful impact on the bottom line. She would not be inclined to make an investment now.

Avigilon Corp (AVO-T)
August 16, 2016

This is down about 25%. They had to cut their guidance going forward because of having to take some price cuts on some of their older surveillance equipment. When you are a smaller company, revenue misses have a more meaningful impact on the bottom line. She would not be inclined to make an investment now.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$9.980
Owned
No
HOLD
HOLD
August 15, 2016

(Market Call Minute) The revenue growth has been in decline for years.

Avigilon Corp (AVO-T)
August 15, 2016

(Market Call Minute) The revenue growth has been in decline for years.

Teal Linde
Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report
Price
$13.350
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 15, 2016

(A Top Pick Aug 10/15. Down 16.87%.) Hitting their sales targets, but having a discount to pricing a little too much in some of the cameras. He was a little worried about their cash conversion rate and that they had generated cash flow which is not showing up on the balance sheet, but a lot of that was for the new plant and equipment as well as more spending on sales R&D with their new product lines coming out. Ultimately they are integrating the video surveillance market in a way that you are getting a commodity product with a fully integrated product. This company is at the front end of that. However, that and the miss on the EBITDA margins is going to cost them in the short term, so he is going to stay on the sidelines.

Avigilon Corp (AVO-T)
August 15, 2016

(A Top Pick Aug 10/15. Down 16.87%.) Hitting their sales targets, but having a discount to pricing a little too much in some of the cameras. He was a little worried about their cash conversion rate and that they had generated cash flow which is not showing up on the balance sheet, but a lot of that was for the new plant and equipment as well as more spending on sales R&D with their new product lines coming out. Ultimately they are integrating the video surveillance market in a way that you are getting a commodity product with a fully integrated product. This company is at the front end of that. However, that and the miss on the EBITDA margins is going to cost them in the short term, so he is going to stay on the sidelines.

John Zechner
Chairman, J. Zechner & Assoc
Price
$13.350
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
July 22, 2016

(A Top Pick Aug 10/15. Down 19.24%.) He likes where it is positioned. A competitor was taken out at about 20X earnings. What he thinks they do better at than everybody else is integrating their systems more, and giving more security. What has hurt in the last couple of years is that they built a new facility in the US, and it has been ramping up. While they have been doing that they have been spending a lot of money without seeing any results, so margins came under pressure and they missed a little on their earnings.

Avigilon Corp (AVO-T)
July 22, 2016

(A Top Pick Aug 10/15. Down 19.24%.) He likes where it is positioned. A competitor was taken out at about 20X earnings. What he thinks they do better at than everybody else is integrating their systems more, and giving more security. What has hurt in the last couple of years is that they built a new facility in the US, and it has been ramping up. While they have been doing that they have been spending a lot of money without seeing any results, so margins came under pressure and they missed a little on their earnings.

John Zechner
Chairman, J. Zechner & Assoc
Price
$12.980
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 20, 2016

(A Top Pick Aug 10/15. Down 16.56%.) The issue has been a worry that security cameras and software products are becoming commoditized. He doesn’t think that is completely right. Security cameras are doing so much more than they used to, so people are paying more for them. The problem in the last year is that they have been building a new plant in Texas that has used up a lot of cash. Thinks the market is still positioned to grow aggressively.

Avigilon Corp (AVO-T)
June 20, 2016

(A Top Pick Aug 10/15. Down 16.56%.) The issue has been a worry that security cameras and software products are becoming commoditized. He doesn’t think that is completely right. Security cameras are doing so much more than they used to, so people are paying more for them. The problem in the last year is that they have been building a new plant in Texas that has used up a lot of cash. Thinks the market is still positioned to grow aggressively.

John Zechner
Chairman, J. Zechner & Assoc
Price
$13.190
Owned
Yes
SELL
SELL
May 12, 2016

(Market Call Minute) They continue to disappoint and just missed their quarter. No consistency in earnings.

(Market Call Minute) They continue to disappoint and just missed their quarter. No consistency in earnings.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$13.900
Owned
Unknown
DON'T BUY
DON'T BUY
April 27, 2016

The market hates a lot of things about the CEO. Has been a lot of turnover in the executive ranks. The product, high definition security cameras, seems to be good. What do you do when you have a CEO that doesn’t seem to care what everybody thinks? He would probably give this a pass.

Avigilon Corp (AVO-T)
April 27, 2016

The market hates a lot of things about the CEO. Has been a lot of turnover in the executive ranks. The product, high definition security cameras, seems to be good. What do you do when you have a CEO that doesn’t seem to care what everybody thinks? He would probably give this a pass.

Fabrice Taylor
Publisher, The President's Club Newsletter
Price
$16.300
Owned
No
SPECULATIVE BUY
SPECULATIVE BUY
April 25, 2016

A camera company. HiDef surveillance equipment. Some people love the CEO. He is applauded south of the boarder, but not so much here. It is a bet on management. The market wants to see earnings leverage. They have margins that are not falling to the bottom line.

Avigilon Corp (AVO-T)
April 25, 2016

A camera company. HiDef surveillance equipment. Some people love the CEO. He is applauded south of the boarder, but not so much here. It is a bet on management. The market wants to see earnings leverage. They have margins that are not falling to the bottom line.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$16.900
Owned
Unknown
COMMENT
COMMENT
April 18, 2016

There was a bit of a gap up in Feb-March which puts a floor in at $14.25. This is also above the 200 day which is really good, but it can come back down. He has an upside target of $17.50, but not a lot higher from here. It scores really high on its overall ranking in its peer group.

Avigilon Corp (AVO-T)
April 18, 2016

There was a bit of a gap up in Feb-March which puts a floor in at $14.25. This is also above the 200 day which is really good, but it can come back down. He has an upside target of $17.50, but not a lot higher from here. It scores really high on its overall ranking in its peer group.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$16.320
Owned
Unknown
COMMENT
COMMENT
April 13, 2016

High-definition video cameras. Ranks fairly strong, both fundamentally and from a technical basis. They are really driving hard to get to $500 million in revenues, and thinks they are going to achieve it. He would be surprised if they come out with a dividend anytime soon. They are probably more likely to do a share buyback versus a dividend. Had owned this in the past.

Avigilon Corp (AVO-T)
April 13, 2016

High-definition video cameras. Ranks fairly strong, both fundamentally and from a technical basis. They are really driving hard to get to $500 million in revenues, and thinks they are going to achieve it. He would be surprised if they come out with a dividend anytime soon. They are probably more likely to do a share buyback versus a dividend. Had owned this in the past.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$16.180
Owned
No
HOLD
HOLD
March 29, 2016

Still has a small Short on this, but thinks most of the optimistic growth analysts’ projections are out of the stock. There are more realistic projections now.

Avigilon Corp (AVO-T)
March 29, 2016

Still has a small Short on this, but thinks most of the optimistic growth analysts’ projections are out of the stock. There are more realistic projections now.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$14.570
Owned
Yes
WATCH
WATCH
March 16, 2016

He looks at seasonality. Sometimes it gets skewed forward or pushed out. We have a recent base. Some of the indicators are turning down right now.

Avigilon Corp (AVO-T)
March 16, 2016

He looks at seasonality. Sometimes it gets skewed forward or pushed out. We have a recent base. Some of the indicators are turning down right now.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$14.590
Owned
Unknown
COMMENT
COMMENT
March 15, 2016

Has gone through a corrective period and has based out over the last 6 months. Technically it is starting to improve. He likes the space in general. Earnings on this are likely to be up about 50% this year, and another 25% the following year. Wouldn’t have a problem owning this.

Avigilon Corp (AVO-T)
March 15, 2016

Has gone through a corrective period and has based out over the last 6 months. Technically it is starting to improve. He likes the space in general. Earnings on this are likely to be up about 50% this year, and another 25% the following year. Wouldn’t have a problem owning this.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$14.440
Owned
Unknown
COMMENT
COMMENT
March 10, 2016

Chart shows that we have been in a downtrend since early 2014. There was a false breakout in late 2014, but then hit the downward trend line again and failed. Right now the stock is consolidating, which is very positive because you are no longer making lower highs and lower lows. This needs to get through $15. If $15 is broken, wait a couple of weeks, preferably 3, and then you can step in comfortably.

Avigilon Corp (AVO-T)
March 10, 2016

Chart shows that we have been in a downtrend since early 2014. There was a false breakout in late 2014, but then hit the downward trend line again and failed. Right now the stock is consolidating, which is very positive because you are no longer making lower highs and lower lows. This needs to get through $15. If $15 is broken, wait a couple of weeks, preferably 3, and then you can step in comfortably.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$14.900
Owned
Unknown
BUY
BUY
March 3, 2016

Just came out with quite strong earnings. Beat revenues by a good margin as well as beating earnings expectations. The 2nd quarter in a row they have done this. They have been in the doghouse for a while. Have always had really good growth and a very strong balance sheet. Lots of cash on the balance sheet. Security systems they offer are said to be better than their competitors. Not very expensive.

Avigilon Corp (AVO-T)
March 3, 2016

Just came out with quite strong earnings. Beat revenues by a good margin as well as beating earnings expectations. The 2nd quarter in a row they have done this. They have been in the doghouse for a while. Have always had really good growth and a very strong balance sheet. Lots of cash on the balance sheet. Security systems they offer are said to be better than their competitors. Not very expensive.

Ryan Modesto
Managing Partner, 5i Research
Price
$15.110
Owned
No
WAIT
WAIT
February 24, 2016

(Market Call Minute.) He is watching this from a technical standpoint. He would like to see it improve before getting into it.

Avigilon Corp (AVO-T)
February 24, 2016

(Market Call Minute.) He is watching this from a technical standpoint. He would like to see it improve before getting into it.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$12.410
Owned
No
DON'T BUY
DON'T BUY
January 8, 2016

Doesn’t really like this story. Have a great product and earnings have been there, but there have been a number of changes in the CFO role over the last few years. That is always a cause for concern. Management has guided sometimes and then missed by quite a bit. Has been very, very volatile. Doesn’t think they have enough visibility. Management bought a building in Vancouver, and thinks they should be sticking with what they do instead. Too many red flags in this story.

Avigilon Corp (AVO-T)
January 8, 2016

Doesn’t really like this story. Have a great product and earnings have been there, but there have been a number of changes in the CFO role over the last few years. That is always a cause for concern. Management has guided sometimes and then missed by quite a bit. Has been very, very volatile. Doesn’t think they have enough visibility. Management bought a building in Vancouver, and thinks they should be sticking with what they do instead. Too many red flags in this story.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$12.910
Owned
No
COMMENT
COMMENT
December 18, 2015

Chart shows a downward trend from the beginning of 2014. There was consolidation back in late 2014 which didn’t last. Went back into its downtrend. It failed to find support over the past 2 years. That would worry him. He would want to see the current short term downtrend broken.

Avigilon Corp (AVO-T)
December 18, 2015

Chart shows a downward trend from the beginning of 2014. There was consolidation back in late 2014 which didn’t last. Went back into its downtrend. It failed to find support over the past 2 years. That would worry him. He would want to see the current short term downtrend broken.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$13.520
Owned
Unknown
HOLD
HOLD
December 9, 2015

They continue to have great top line numbers, but the bottom line is really the issue. Until you see a couple of quarters where they really generate nice profit, the street is probably going to have them in the penalty box. If you own, he would probably continue to hold. It doesn’t have increased valuation. Eventually the company probably gets bought out. They have a target of $500 million revenue a year out from now, and he feels they have a pretty good chance of hitting that.

Avigilon Corp (AVO-T)
December 9, 2015

They continue to have great top line numbers, but the bottom line is really the issue. Until you see a couple of quarters where they really generate nice profit, the street is probably going to have them in the penalty box. If you own, he would probably continue to hold. It doesn’t have increased valuation. Eventually the company probably gets bought out. They have a target of $500 million revenue a year out from now, and he feels they have a pretty good chance of hitting that.