RE:RE:RE:@ ClarenceMagal has about one-sixth the revenues of Avigilon's. There also doesn't appear to be any growth in Magal's revenues. But yet their market cap is only one-quarter that of Avigilon's. So if we were given the same valuation of Magal, we should easily be trading around $20 CAD. Probably $25 if Avigilon is given a modest premium for better growth metrics and the fact Avigilon is a significantly bigger company. But we will continue to trade at a severe discount because of investors' perception of Mr. Fernandes.
LRHausJr28562 wrote:Some news copy, Clarence.
This from the PR Newswire, October 18th:
Magal Security Systems Ltd. (NASDAQ: MAGS) announced the release the latest version of its VMS (video management software) known as The facial recognition video analytics suited for securing facilities with an additional layer of protection for access control, as well as real-time detection of persons of interest.
Commented Saar Koursh, CEO of Magal, ' with='the' release='of' aimetis='Symphony' 7,='it' is='clear' there='is' no='better,' well='rounded' vms='on' the='market' today.='With' a='streamlined' user='interface,' native='videos' analytics,='real-time' facial recognition and centralized cloud management, we truly offer customers the pinnacle of managing network video for security surveillance. Given our broad and very strong video surveillance offerings, we have decided to expand our sales and marketing team at our VMS subsidiary in the United States. We believe these efforts will enable us to increase our VMS sales in the US market where we see very significant growth potential for our products."