Avigilon Aims for Big Profit on Building Sale

Author: John Honovich, Published on Nov 29, 2016

Just 18 months after agreeing to buy a Vancouver HQ building, Avigilon is now planning to sell it off.

And they are looking to make a killing. Indeed, if their projections are true, they will make far more profits from selling the building than from their video surveillance business this year.

In this note, we look at the move, including feedback from Avigilon and how this move may strengthen Avigilon beyond the potential profits.

**** ** ****** ***** ******** ** *** * ********* ** building, ******** ** *********** ** ****** ***.

*** **** *** ******* ** **** * *******. ******, ** their *********** *** ****, **** **** **** *** **** ******* from ******* *** ******** **** **** ***** ***** ************ ******** this ****.

** **** ****, ** **** ** *** ****, ********* ******** from ******** *** *** **** **** *** ********** ******** ****** the ********* *******.

[***************]

Building ******** 

** ***** ****, ******** ********* ****** *** ****** ** ******** ********* *** $** ******* ***.

******** ** ********* ********** *** ********* *** ******** **** ***** to **** ** ****** ****.

Sale / *********

***, ******** ** ******** ** **** *** ********, **** * projected ***** ** ~$*** ******* ***. 

*******, ******** ***** ***** ** *** *** ******** ** **** will ** ******* ** **** **** *** ********* *****.

Profits ********

** ******* ******, *** ******* ****** **** - **** ***%. *******, this ***** ** ****** ** ******** ** ********* *** ********, which *** $*.* ******* *** *** *** ***** * ******** of **** *** *******, *********** ***** ***** *** ****** **** move-in.

** ******** ***** ****** ** ~$** ******* ***, ******** **** get *** ******** $*** ******* *** ******** *** ********* ** similar ********* ***** *** *********** ***** ** *** ****.

** **********, ********'* *** ****** *** *** ***** * ****** of **** *** **** **** $* *******, ** **** ***** be ***** * ****, ****** ******* ** *** *** **** nature *** *********** ****** ******* ***** ********.

**** ********

****** *** *******, * **** *** ***** **** ******** * cash ******** ***** **** *** *** ** ****** **** (***** has ***** ************* **** *** **** *** *****) ** *** to ******** ** ***** ******** (*.*., ************).

Bubble *********

********'* ****** ****** ** ***** **** ** **** "*********'***** ****** ****** ** ** * ****** ** ************* ******." It ** ** ****, **** **** ** *******. ** ******** *** ** **** ** *** *** ** top.

Investor *** ****

******* ********* ******* ** ** ******* ********** **** *********. ** until**'* ************ **** *******, ********* *** ******** **** ****** ******* **** ********, ******* of *** ******* ***** ***** *** ***** **** ****** *** building, ***** **** **** *** ** ************* ***** *** ********* **** their **** ********.

Outlook ******** *** *******

** ******** *** **** * **** **** ***, **** ***** not **** *** * ***** ** **** / ******* *** continue ** ******* ********** **** *********.

** ******, *** ****** ****** **** ** ***** ******* *********** results. ********* *** ********* ~**% ****** **** *** *** ******* Q4 **** *******, ***** ** ***** **** ** *** ***** notably ****** **** ********'* ** ******* ** **** ** *** industry's. ******* *** ******** ** **** ** ***, **** **** likely ******* ********'* ***** **** ****** ****. 

Comments (13)

Thumbnail img 3690

Paul Curran

11/29/16 03:54pm

* ***** ***** ***** *****:*

Undisclosed #1

11/29/16 05:42pm

*** ******* ******* *** ** ******* *** * ***.

Undisclosed #2

In reply to Undisclosed #1 | 11/30/16 02:07am

*** *** *******?

:)

Undisclosed #3

11/30/16 04:06am

*** ***** ****** *** **** **** **** *** ****** ***?

**** **** ** *********** ***** ******** **** **** ****** *** value ** *** ********?

**** ** ********* ** ** * **** ****** ****** - that ********* ** **********.

Undisclosed #2

11/30/16 04:59am

*** **** **** *** ** *** ****, *** **** ****'** pay ** **** ;)

Undisclosed Manufacturer #4

12/01/16 03:06pm

** * **** ****** **** **** * **** ** * ago, ******** *** *** ****** ** ********* ********* ******* **** their ***** ************ ***** *** **** *** ********* ******* ***** shattering ** ******** *******. **** *** ******** ***** *** **** by ********** ***** ******.

*******:

***** *** *** **** *** * **** ** *** ****** to ******* "*******" **** ** *** ******* *****, *** **** may **** **** ** *** *****. " ***'* **** * building.

********** ** *********? ****, *****.

John Honovich

IPVM | 12/14/16 04:11pm

** ******* / ********* ***** ****** *** *** ********,*** ******:

** *** ******** **** ** *** ******** *** **** ********* with: **- ** **-**** ********; ******-********* ******* *** ********; ****** finishes; *** ********** ***** *******, **** ******* *** ****-******* ****** backup *********; * ***** ******** *** ** ******** ** *** existing ******** ****; * ***-****** ****** ********* ******* ********* *** overhead *********; ******* ***** ********* **** *** ****** **** ***** on *** *** *** ******** *****; * ******* ******* *** storage **** *** ********** **** ******* *** *******.

***** ******** ******** *******: * ****** ***** **** ** *** east **** ** *** ********; *** ******** ********; ********** ***** awnings ** ******* *** ****** *******; *** **** ********* ** improve ******** ********** *** ***** ****** *********. *** ****-**** **** also *** ** ******* ******.

Undisclosed #2

In reply to John Honovich | 12/15/16 01:06am

******- ****** (********) ****** **** **** *** *****

********:**** **** ** **** ******, *********** ***'* **! ** ** actually * ********* ************ ** *** ****** ***** **** ** the *******. ***'** **** *** ***** ** **** ******** **** this ** *** ******, ** *** *****!

*** *****:***, **'** **** *********. ****... **, ***'** **** **** *****, we'll **** **!

*******: *** ***** ********** ***** **** *** ****** (********)

*** *****:** ** * ******** ******** **** ****, ******** *** **** might **** ****, ***** ** ******* **** ** ** *** market. * **** **** **** ** **** *-****** ****** *** its ********* ***** ****.

********:*'** **** ******. *** *** ***** ****, **'* ******** *********** digitatumm ******** ***** ** ***** **** ****** **** *** ****, we ***** ***** *** *** ** **...

******, *** * ******** ***** ** ***** *** * ***** driven ************, **** **. ** *** ******, **** *** ****, double *** ***** *****, ***** *** ****, *** **** **'** talk.

John Honovich

IPVM | 05/08/17 03:20pm

******:*** ******** *** **** **** *** $***.* ******* ***, **** ***** ********* $*** ******* ****. ** ******* **** provided ** *** **** ** *** ***** / **** ** the *****, ***., ***** ***** ****** *** ******* ***** ** the ****.

Thumbnail scottpic

Scott Gerrels

IPVMU Certified | In reply to John Honovich | 05/08/17 06:08pm

****'* ***** * ****.

Undisclosed Integrator #5

In reply to John Honovich | 05/08/17 06:57pm

... ** *** *** ** *** ***** ********. =*=

Undisclosed #2

In reply to John Honovich | 05/08/17 11:11pm

> $**,***,*** ****** ** ** ******. ***.

***** **** *** ******* ** ****** **** ***** *** ******** as * ****** **** ;)

John Honovich

IPVM | In reply to Undisclosed #2 | 05/08/17 11:15pm

**, *** ** ******* ******* **** *** ****** ********* (**** of ********) ** ******* / *****-*** *****.

****, **** *** ** ***, ** ***.* *** ** **.* USD.

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