Subscriber Discussion

THE NEWEST PENNY STOCK?? ….Myalarm/ Monitronics/ Ascma/ Moni/ Brinkshome

LJ
Lee Jones
•Jul 25, 2018
Support Services Group

They cannot hide anymore by changing their name every several years. Their latest name, as of several weeks ago, is ASCMA/Brinks Home Security. And their new Brinks website forgot to mention their history… really confusing and misleading.

Looks like ASCMA/Brinks is competing with ADT in a race to the bottom, and automatic removal from the stock exchange.   ASCMA/Brinks appears to be moving faster… share price several years ago was about $88, today it closed down at $2.80. ADT share price went to low single digits and not recovered. Both firms have very high debt, very low cash, very high attrition, and very clever guidance.

Source: Lee Jones; Support Services Group

LJ
Lee Jones
•Jul 25, 2018
Support Services Group

Addendum to my original post.

Any thoughts about how to save this company, ASCMA/Brinks Home Security?

The original company(s) and dealers have lots of good people…. worth saving. Top management is taking millions in cash salaries, plus incentives & bonuses, so nothing to lose, short term. Hundreds of others have all to lose.

JH
John Honovich
•Jul 26, 2018
IPVM

Their market cap is only ~$37 million???

Wow. That's pitiful.

Revenue is about a half billion but losses are high, from 2017 10k:

(1)
UI
Undisclosed Integrator #1
•Jul 27, 2018

Vicon....

LJ
Lee Jones
•Jul 29, 2018
Support Services Group

Just visited the new website for Brinks Home Security.   VERY DECEPTIVE. No honest mention of any history with Moni/Monitronics… even in the link “About Us”.   All sales and marketing materials appear to suggest part of the big global company, Brinks. Even the new logo is the same as the original Brinks Home Security, Headquartered in TX, 20 years ago, with about million customers that were created organically by Brinks.  This deception could expedite their demise. Let me know if I missed something.

(1)
LJ
Lee Jones
•Nov 06, 2018
Support Services Group
In reply to Lee Jones

11.6.18… Just visited the website for reference to their new identity… from Moni/Monitronics. Originally they avoided all history, but today they have done a good job of updating via FAQ. No deception.

U
Undisclosed #2
•Nov 07, 2018
IPVMU Certified

Lee, what’s your target price to buy at? $1?

Or wait for delisting, just to be safe?

 

LJ
Lee Jones
•Nov 08, 2018
Support Services Group

Personally, I do not have any investment in ASCMA/Monitronics or ADT, and no plans to own either.  Not a paid analyst to push stock movement in any direction. Just an experienced insider, “been there… done that”, expressing observations as a fact-checker. We have attempted neutrality. At different times and for different reasons, we have been an advocate for consumers, law enforcement, security services and/or product suppliers.

Still waiting for disclosures from the two public companies that explain how they can repackage and resale local police services to private contract customers, aka deterrent alarm response. And the consequences of non-disclosure when such public service is withdrawn by statewide or local legislation via one of the many varieties of VR-Verified Response and B&K-Broadcast & File.

source: Lee Jones; Support Services Group

U
Undisclosed #2
•Nov 08, 2018
IPVMU Certified
In reply to Lee Jones

...expressing observations as a fact-checker. We have attempted neutrality.

Understood.  Though a statement like this

Looks like ASCMA/Brinks is competing with ADT in a race to the bottom, and automatic removal from the stock exchange.

is forward looking, and if it does actually come to pass, could be profitable for anyone confident enough to throw a few chips in the pot at the right time.

 

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