SCT 0.00% 0.8¢ scout security limited

Definitely, that is something that concerned me as well as it...

  1. 1,196 Posts.
    Definitely, that is something that concerned me as well as it seems to be almost a shift in the way they are generating revenue from previously open use with no plan to now a signed subscription based model.

    I like keeping an eye out for recurring revenue stocks as many have made great profits, probably the highest % gain and best being Crown Castle International (cell tower provider in the USA), bought back in 2002 when the stock was only $2.30 and it has turned out to be one of my most consistent dividend and retirement long hold stocks.

    I spent some time contrasting the security market and found
    Alarm.com - $15 up $31.66
    Ascent Capital - $25 down $13.50
    Allegion - $43 up $76.83
    Brinks - $16 up $57.10
    Command Sec - $1.15 up $2.46

    there were many others but a lot were focused on commercial security and products not related to home systems. It seems like a very competitive market but considering the low offer price this could turn out to be a very good long term hold over next 2-5 years providing they can drive revenue with customer acquisition and services.
 
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