Q: our government has agreed to bolster border controls / surveillance using all tools available including surveillance towers/cameras
Does Zedcor have the capacity to become involved in this process?
I am considering a buy
What is your opinion about current outlook for the company
Many thanks
Does Zedcor have the capacity to become involved in this process?
I am considering a buy
What is your opinion about current outlook for the company
Many thanks
5i Research Answer:
We like the company and its growth potential. It is expensive, but it is profitable and has managed its growth well so far, and is expanding into new verticals. We think it would be most interested in border business, but with a fast ramp up we think it would be quite a challenge for the company, and we are not convinced it would want the (probably lower) margins of a large contract with lots of scrutiny and paperwork.