tag:blogger.com,1999:blog-3181092508079063607.post5797277807307682933..comments2023-09-08T13:26:32.828+08:00Comments on Lizardo Realm: VICOM - what's there not to like about this company?Lizardohttp://www.blogger.com/profile/14051784505115265030noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3181092508079063607.post-61355488065097307272014-05-20T22:01:22.949+08:002014-05-20T22:01:22.949+08:00Thanks for highlighting this risk. Indeed, if anot...Thanks for highlighting this risk. Indeed, if another player comes in, and adopts price pressure, it would indeed force down the margins.Lizardohttps://www.blogger.com/profile/14051784505115265030noreply@blogger.comtag:blogger.com,1999:blog-3181092508079063607.post-77502536992913783322014-05-20T18:01:29.058+08:002014-05-20T18:01:29.058+08:00Vicom is subjected to regulatory risk. For example...Vicom is subjected to regulatory risk. For example, if lta allows car owner to submit their car maintainence check as an alternative to the independence check, vicom inspection business will collapses, as people can save money by avoiding the independent check. Though the chance of happening is low, but it is not entirely impossible. If more vehicle owners complain, the probability will increase. So do take note.<br /><br />The award of a 3rd license for car inspection by lta which will increase competition and lower the price of car inspection will also affect vicom badly. So do take note also.<br /><br />When ste decides to compete more aggressively w vicom, this will also affect vicom badly as it has a much bigger share currently and there is no diff in going to any of the centre.<br /><br />For sestco, competition is stiff and it will not grow nicely if competition increases.<br /><br />Just some comments<br /><br />MAnonymousnoreply@blogger.com