Avigilon "Probably Going To Zero Within The Next Two Years" Charges Analyst

Author: John Honovich, Published on May 18, 2016

The analyst who blasted Avigilon 2 weeks ago as being a Cash Strapped, Commodity Company is not backing down one bit.

Indeed, the original target was a drop of ~40%, the stock is already down 15% since her post was published, largely due to Avigilon's weakest quarter ever, and now the analyst is projecting zero.

In this note, we examine why the projection is completely wrong but why it hits on a critical strategic weakness for Avigilon.

*** ******* *** ******* ******** * ***** *** ** ***** * **** ********, ********* ******* ** *** ******* **** *** ***.

******, *** ******** ****** *** * **** ** ~**%, *** stock ** ******* **** **% ***** *** **** *** *********, largely *** **********'* ******* ******* ****, *** *** *** ******* ** ********** ****.

** **** ****, ** ******* *** *** ********** ** ********** wrong *** *** ** **** ** * ******** ********* ******** for ********.

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

Going ** ****

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

 **** **** ** *** **** ***** ** * ********* ******* run ** *********** *** ************ ********** ********?

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

** **** *** *******'* ******** ***** ** **** ****** *** next *** *****. 

Completely *****

***** ******** ** ************* ********, ** ** ************* ******** **** Avigilon **** ** **** ** *** **** *** ***** ** even *** **** ******.

******** *** ***** ******* ** ********* ******** *********,*********************. **** ***** ** ****** *** **** ** ** * successful ******* (********* *** ** ********** ** *** *** **** hoped) *** ****** ** **** **** *********** **** ** ** zero.

*******, *** *******'* **** ** ***** *********** * **** ******* *** ********.

Weakness - *** ** **********

******** ********** (****** *** ***) ** **** *** ** ********** ******. 

* *****. ** ******** *********** ******** **** ** ***** * ******* with ********'* *** *** ***. *** *** **** ****** ****** the ******* *** *** *** ******* ***** *** ********* ********. *** investor *** ******* *** *** *********, ** *** *** *****.

******, ****'* ***** ******* *** ********. ****** *** ********* ******* who******** ** **:

"*** ******* **** [********] ** *** *** *** **** *** ******* is * *** *****."

******** *** ***** *** ******** ** ********** **** ***** *******. And **** ***** ************* **** *** *** ******** ********. ****** will **** *** *** **** ***** ****. *** **** *** growth ***** ************ ******* *** **** ***** ********** ****** / retire / *********, ******* *** ******* ** ******** ** *****, the ******* ** ******.

Worse - ******** ** ******** *********

******** ** ********** ********* ** ******** **********. ** ****** **** ***** our **** ******** ************ **** **** **** ***** ** *** IPO. *** ** **** **** **** **** ****** *** **** criticized ****.

******** ****** ***** **** ************* **** ***** *** ********* ****. *** that ** ** ** *** **** ******* ** ********* ********** *** will ****** *** ****** *** ** *** *****, **** *****. Avigilon **** ***. 

****** ******, *** ******* ** *** **** ** **** *******, is *** *** *** ** *** ** *** **** * critic **** **** *******. **** *** **** ******, **** *** her ***********, **** *** **** **** ** *** *****, ********* her ** ****** *** *** ****.

************* ********* ******** ******** *******, *** ** ********** **** ****** ***, *********** **** *********:

** *** **** **** ******* [********'* ***] **** * ****** ***** *** if *** *** *** * **** *** *** *** ******* you ****** *****. *** **** ****** **** ***'* *** *** ******* (whatever **** **) *** ****** ***** ******** ** **********.

********** ** ********* ***** ******** ***** **** *******. ****** **** listen ** *** ******** ***/** *** ** **** *** *********** their ******** *** ** *** ** *** *** ******** ** Glassdoor ** ******* ********* **** **** ** ** **** ******** reviews.

********* ********* ** ***** *** *** **** * ******* *** better. ********* ********* ** ***** *** * ******* *** **** ****** by ****** *** ******* ********** ***** ****. ******** **** *******.

Horrible *********** *** * ****** *******

**** * ****** ******* ** *** ** ********** *** **** ***** ** handling *********, ****** **** ***** ***** ******* ************, **** *** ***** ** face * *** ** ****-********* ****. *** ******** *** ***** this, ** ******.

**** ** *** ******* ****** *** ** ***** **** *****, financially, ************, *************, *** ******** ** **** ** *** **** 2 *****, ** * ******* ** ***** ******* ***** *****.

Comments (32)

*'** *** ** ****!

* ***** *** ** *****, ********** ** ***** ** ***** the ****** **** ***** *** *** **** ******* *** **** software ******** ****** *** ***** **** *** ****** ***. **** go ** **** ******..... ******** ****** ** *** **** ********* is ***** ** ***** ****. * *** $***

***, ****** ******** **** ****, **** **** *** **** ********* for ****, ** *** *** ***** ****** *** ***** * sales ****** ****.

*******, **** *** ********* ** ***** * *** ** **** I **** ***** *** ******* ** *****, ******* *** **** was **** ** * ******, ****** ** ***** *******, ***** with **** ****** ** ********* *** ***********.

***, ******* **** *** ****** ****** ********* ********* "*** ** clothes **" *** **** ******** ***** **** ******* **** ********, Avigilon ***** ******* * *** *** **** ******** **** ***** have ***** *** *** ** ***** *** ** *** ******** from ******.

********, **** ** **** **** ****** *** **** *******. *** H3 (****/**** ******) **** *** ************ **** **** ********** ** a ***** **** *****. *** **** $*** *******? **. ******** though, **** * **** ** *** $*** ***** ***** ****** cameras -- ** **** ****** ********'* ****** ********?

**** * **** ** *** $*** ***** ***** ****** ******* -- ** **** ****** ********'* ****** ********?

*** *** *** ************ *** **** *** **** ***** ***** length *******? ***** **** **** ****** ** *** ***** ***********, lots ** ****** ***** ******** ********* *** * *********** ****** of ***** ***** ****** *******. *** ***** **** ********* ** selling **** ******* **** ** ~$***, **** *** ***** ***** manufacturer (******** *** **** ********) **** **** ******* ** ***** portfolio?

* ***** * *** ** ************* ***** ***** **** ** the ****** *** **** * ***** **** ******** *** ** the *** **** ********** ** ******* ** *** **** ****** years:

** * $*** ***** **** *** ******** ****, **** *** the ***********, ******* ** *******? **.

*** *** ** ** *** *** ** */* *** ******* ****** * *** ** *****. ***** ****** ****'* *****, *** they're *** **** **** ** ****** ******. *** *** ********** IR ** ***** $*** ****** ***** ***'* *** ********, *** it **** *** ***.

** * ***** *** ****** ** *** ******** ** ***** that ********'* ****** ****** ****** ***'* $*** ***** ***** ******, but $*** ***** ***** ****** *******' ****** ****** ***** ****** ******.

**** **** ******* **** **** ********'*, *** *** **** ** broaden **** **** ** "****** ********".

**** ** ***, *** ***** ** *** ******* * ******* thru, ****** **** *** *** ** * ***** ** ********, and **** ******* ***** ** **** **** *****.

* ***** ***** *** ** **** ******** **** ******* * don't **** ** **** **** ********* *** **** ** ******** circus ** *** ** ********.

*********- ******** ***** * ******** ********. **** ******* **********! **** investor *** ** ** ******** ********* *** ******* *** **** against *** ****.

******** ** * ******* **** **** ****** **** ******** *** some ****** **** ******. * *** *** ***** *******, **** stable **********, *** ********* ************** **** ***'* **** *** *** investment *********, *** **** ***** ****** ** * ***** ******* or ******** ** ** ******** *******. **** **** **** ***** issues ******* ** * ***** ******** ** ****** **** **** worked ** ******* ****** ** *** ********.

***** **** * ***** ****** *** *********** - **** ********, crappy ******.

****, *** ******* ******* ***** ***** ** ** *** **** cause ** *** ** ***** ******, *** **** ***** **** the ***. * *** ***** *** * *** ************ *** near *** ***** ***** **** ******** *** ** ******* *******, and * ************ ***** *** ** ** ** ******** **** though ***** ********** ** ****** **** *** **** ******* **** money. ** **** **** ** ***** ******** *** *** **** treat ******, ***** *** *** ***** ******** ** ** ******* company. **'* ******, ****** **** ** ****** *** ******* ** a ******* (*** *** ******) **** ** ** ***, *** alone ** *** ********** *****'* **** **** ** ****** **. I've *** ******* ****** **** ****** ** ********, *** **** almost *** ***** ******* ** *** ***********.

* ***** * **** ****** ** ****** ** *** ***** team **** ******* **** ******* ** *** *******. ***** *** some ***** **** **** **** ******* ** *** ********/******** ***** teams **** **** **** ******* **** ******* ** * **** level *** * ****** **** ****.

** ********** **** ******** ** **** ** ********* *** *********. Some ** ***** "******" ***** ****** ****** **** ** ** back ** ***** *** ***** *** **-***** *** ** ****** to ********* *** *** ** *** ** ***** *** *******-***** or ***** ** **** ***** ***** ******** ******* *** ***** sales ******* ***** ** * ******* **** * ******.

** *** ******* (** *** ** ***/********** ******) * ****** trying ** *** * ******** ***** * ******** *********** *** a ****** *** ****** ******'* *** * **** ** ****-**** --- **** ******* ********* **** * ****** ** *** ****** who ******* ******* ********** **** ****** **** *** **** *** back ** ****** ***** ***** *** *** *** ** ***** up ** **********.

* *** ** ****-*** ** *** ******* *** ***** *** other ***** ** ***** **** **** ***** * *** ************ carved *** **** **** ** ** ******* **** ******** ** present **** * ******* ***** ** * ***** ******** ***********.

******** *** * **** ***. * ***'* ** ** *** as ** *** **** **** ***** ******* ******* ** *** price. ** *** ** ******** ****** *** **'** ******* ***** their ******* ****** ********* ****** ******* * ******** *** ** end ********. **** *****'* *** ***** ****** ** ** **** solution *** ***** ****** ******* ******* ** **** **** *****.

*, **** *** *** ******** ***** *** ******* **** ********'* VMS?

****** ******* ******* ** **** * ****** **** ******* ******** due ** ****** ** **** *** ** ******** *********** **** the ***** ******** *******. *** ******* **** ******** ** **** the ********* ********** ** **** ***** ****** **** ******. **** the *** ****** *** ******** **** *** ***** ********** *********, they *** ******* *** **** ******** *** *** **** ** less ***** ***** ***** ******* ******* ** ** **** ********** vms.

**'* * *** ****** ** *********** ****** * ******** ** adding ***/*******/**** ******* *** *********** ****** *-** * ***** ** their ****** **** ****** ** **** ** *** ** *** and **** ***** **** ** ** *-*. *** **** ** add ********** ******* ** *** ******** *** ** *** ** what ***** * *** ** ***** ****** **** **'* **** budgeting ***** ******. **'** **** ***** **** *****/********* **** ******** the ***** ******* ***** ******** *** **** **** ** ** out ***** **** ****** ** **** *******/********* **** *** ***** end ** ***.

*** ******* **** ******** ** **** *** ********* ********** ** only ***** ****** **** ******.

**** ******** *** *** ******* **** *********/******** (*****) ******** ** Arecont/Avigilon (******)?

** *** ******* * **** ******* * ********* ****** ** an *** ******, *** ****** ****** * **** ******* ***. HIK ****** ******* ******* ******* * **** ***** ** *** in ** **********.

*****!

*** **** ********=****** ***** :)

** ******** *********** ******** **** ** ***** * ******* **** Avigilon's *** *** ***. *** *** **** ****** ****** *** meeting.

****** * *** **'* **** ***** ** ***** ** *** morning...

**'* *** **** ******** **********, ********* ** *** ****** *******

**** ****** **** *** ***** *** **** ***/****. **** *** been ******** **** ****, *** *** ** * ******, *** wake ** *** *** ***, ** **** ****** **** ***, let ** ***** ***** *******!

*** **** ** **** * *** ***** **, ** ** on ***** **** ****? *****.
*** **** ** *** **** *********** ** ***** ********* **** lawyers, ***** *** ** ********* ** **** * **** **** AVO,s ******* ** ****?

********, **** ** **** **** ****** *** **** *******. *** H3 (****/**** ******) **** *** ************ **** **** ********** ** a ***** **** *****. *** **** $*** *******? **. ******** though, **** * **** ** *** $*** ***** ***** ****** cameras -- ** **** ****** ********'* ****** ********?

**** ** *******. ***** ** *** ****** ****** **** ******* should **** ** *** ****** ********* ** ******** *** ************* dropped *** ******* ** ** *******.

****** * ** ******* ** *** ***** ***** * ***** H3 ** **** **** ****** * ***** *** **** *** the **********. ****, * ********* *** *** ** ***** ******* than * *** ********* ** ********.

...**** ** *** ****** ********* ** ******** *** ************* ******* the *****...

** ******** ** ****** ** *** ******, *** *** **** put ** ** **** *****? :)

******** ** ******, *** *** *** ** * ***** **** online, ***?

**, **'* ** ****'* ******, *** *** ********. * *** just ****** ** *** ** ***** ** **** ***** ***** list. *** * ***** ****, ** ** ****'* *** *** meddlin' ****!

*********** * **********: *** ***** **** ** *** *** *** pricelist ** *** ** ******* *** *** $*** *** **** way ****** **** **** **** ** **.

* **** ***'* ********** *** **'* ** **** ** **** Avigilon's ***-**-*** *********. *** ******** ****** ******** (***** *** ********** object ******), **** ** ******* *** *********** **** *** * year ******** *********** ******** **** ** **** ****.

"******** ** ********** ********* ** ******** **********"

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

******** ***** *** ** ** ******** *********. ****** ****?

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

** ****'* **** ****** ** ****. *** * **** ********* is ** ;)

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Criticism

Robot Vandalism on Dec 11, 2017
Vandalism of security systems is a common concern. It is so common that camera vandalism statistics show that designers routinely sacrifice camera...
ASIS Dumps 'ASIS' For Show on Dec 06, 2017
After 60+ years, ASIS is dumping its eponymous show name and replacing it with 'GSX'. This is a classic marketing mistake. For a show struggling...
Dahua Forbes 'Next Web Crisis' Vulnerability Dispute on Nov 16, 2017
The buffer overflow vulnerability in Dahua products is not in dispute, in fact we covered it when it was first published. What is in dispute is...
Hikvision China Criticizes The WSJ on Nov 15, 2017
Hikvision, through the Chinese government's authoritative news service, has criticized the WSJ investigation into Hikvision. In this...
WSJ Investigates Hikvision on Nov 13, 2017
The Wall Street Journal (WSJ) has released a detailed investigation into Hikvision's government ownership and cybersecurity problems, hitting the...
Ingram Micro: The Blind Lead The Blind on Nov 02, 2017
Ingram Micro, as a huge as they are overall, with $40+ billion in annual sales, has never been a force in physical security, despite, or perhaps...
Deceptive ASIS Attendance on Oct 06, 2017
ASIS is being deceptive with its conference reporting, effectively inflating the event's real actual attendance. What they try, but struggle to...
'Clowns' Allege Ubiquiti 'Completely Fraudulent' on Sep 20, 2017
A short seller has alleged Ubiquiti is 'completely fraudulent'. Ubiquiti's CEO has responded calling them 'clowns'. Here is the short...
Cloud Guy Prints Book, Misses Irony on Sep 15, 2017
On-premise security systems are dead. But $75 print books are alive and well. Such are the lessons from Brivo's CEO new book "The Five...
The 3 Most Outstanding Security Manufacturers (OSPAs) Make No Sense on Sep 08, 2017
The Outstanding Security Manufacturer finalists (US edition) are here: And if you are wondering, "How did those 3 get chosen?" then you are...

Most Recent Industry Reports

Hiring Camera Calculator Product Manager on Dec 12, 2017
We are working on making the Camera Calculator even better and hoping you can help us find the right person to join our team. IPVM is hiring a...
Testing $20 WyzeCam, The Money Losing Amazon Vet Startup on Dec 12, 2017
This startup is perfecting the old adage: We lose money on every sale, but make it up on volume But it is no joke. The company, Wyze Labs, is...
Xiongmai New Critical Vulnerability - Same Manufacturer Whose Products Drove Mirai Botnet Attacks on Dec 12, 2017
The Chinese manufacturer whose products were primarily responsible for the 2016 Mirai botnet attack has a new critical vulnerability, confirmed by...
Robot Vandalism on Dec 11, 2017
Vandalism of security systems is a common concern. It is so common that camera vandalism statistics show that designers routinely sacrifice camera...
Access Controller Software Guide on Dec 11, 2017
Properly configuring access controllers software is key to a professional access system. These devices have fundamental settings that must be...
2018 Video Surveillance Cameras Overview on Dec 11, 2017
This report concisely explains the developments for surveillance cameras offered in 2017 and the state of offerings going into 2018, including...
Imperial Capital Security Investor Conference Review on Dec 08, 2017
Investment bank Imperial Capital holds an annual Security Investor Conference where 60+ companies present, including this year: IPVM bought a...
Integrator GPS Vehicle Tracking Statistics and Success Examined on Dec 08, 2017
GPS vehicle tracking is a growing but somewhat controversial topic. On the plus side, tracking may increases productivity by providing greater...
Hikvision NA Biggest Sale of 2017 on Dec 07, 2017
Hikvision North America has been relatively disciplined the past 5 months, reducing the number of sales and the breadth of what is on sale. No...
Security Integrator IT Expertise Statistics on Dec 07, 2017
20 years ago, putting physical security systems on IP networks was just emerging. Today, almost every system is networked in some way, IP cameras...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact