13-02-2011, 01:13 PM
I agree that Vicom doesn't have much growth left in its business. It's a mature business (like Starhub, Singpost) that's why it's giving out so much dividends instead of pumping back into its company. I'm invested purely due to the dividends and not for the growth. Any growth that comes is an added bonus. There is competition in the non-vehicle testing arena as it's a fragmented segment and I'm keeping a close eye on this.
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