IndigoVision - looking extremely undervalued!

Hi Easytimes,

Thanks for the reminder about the AGM. I will try to attend, but not sure how my diary is panning out for January yet.

The snippet about Vodafone was just on my market newsfeed last week, I didn't save it unfortunately, so can't remember any more details.

The key point here has to be the 3 substantial Director buys during 2004. This gives me tremendous confidence that we could be onto a big winner here - and the market cap is still only about £6m, which is nothing really. If the City gets excited about IND again, you could easily multiply that mkt cap by 5 or 10 times. Sounds fanciful at this stage, but the City loves new technology in the early stages of taking off & often puts a whopping rating on such shares.

Now that IND seems to have turned the corner, with some very positive newsflow during 2004, I feel strongly that the company really ought to re-start its financial PR, and re-engage with the City.
The key to a major re-rating here is Institutional buying, not small investors trading in & out.

I'd like to see Dr Vellacott flying down to London & effectively "re-launching" IND in the City in 2005, as a potentially diversified specialist video compression company - operating not only in CCTV, but also in television, chip licensing for mobile phones, etc. These are all wonderful growth markets, and a very interesting story could be told to brokers & Institutions, and getting some excitement going about what they are achieving in these new markets. The time now seems right for this re-engagement to happen between IND and the City.

Let's hope 2005 is the year we get rich from IND shares !

Regards, Paul Scott.