Sicagen India Ltd

Here are excerpts of the inputs, sent to me by Rizal Ahmed from Qutar (Middle-East):

Dear Sumanda,

As per latest results of Sicagen India Ltd: the finiancial statement for the quarter ended 30th june 2009, relating to subsidary SDB Cisco (India) Ltd and its subsidary has not been taken into account for consolidation, as the relevant investment in the subsidary(SDB Cisco) is held with an intention to sell/transfer or dispose of in the near future.
My take on this is that It would definitely be prudent to hold till the sale of this subsidary takes place,as it can free up huge amount of cash for sicagen. It could mean a bonanza for the shareholders, whenever it happens. www.sdbcisco.com.

Technicals are indicating that accumualtion is going on in full steam which further suggesting an uptrend soon. A surprising fact: it has also done 14 continuous UCs once; can the pattern be repeated?

Rizal further added spice to his research on the company.

Sumanda, I hope you did notice what else sicagen has added on to its books now? The info would no doubt be a delight to Scagen India Ltd's shareholders....

(a) http://www.sdbcisco.com/news.htm

(b) http://www.sdbcisco.com/clientele.htm

SDB CISCO (India) limited, a limited company is a joint venture between the Security and Detective Bureau Limited, established in 1971 and CERTIS CISCO of Singapore of about the same standing. CISCO is a leading security provider company of Singapore.
SDB CISCO, an ISO 9001:2000 Certified company currently has a strength of about 26,000 security guards and a client base of about 1,400 operating in all over India, through 72 Regional offices.

It provides trained manpower and arms specifically licensed for security of cash, bullion and valuables being transported. Cash pick up/delivery is provided for about 50 leading clients at Delhi, Chennai, Bangalore, Hyderabad, and Coimbatore on behalf of banks including some multinationals. Vehicles modified and including bullet proofing as per RBI norms, armed guards and trained cash collection officers to banks and other customers are also available.

It partners with leading electronic security product vendors worldwide to provide optimum security solutions. SDB CISCO has a full fledged residential Training Academy at Chennai and Training schools in all other Metros and 2 tier cities. SDB CISCO - Where Security is both a Service, and a Surety.

Its full range of services are:

• Trained security personnel (Male & Female) for protection of industrial and commercial establishments and constant vigil, supervised by day and night checks.
• Smart and alert, armed or unarmed guards for banks and commercial establishment for round the clock security
• Vehicles with armed guards for cash transportation of high value documents.
• Cash pickup and delivery to or from concerned banks for clients.
• ATM Management services.Salary collection and distribution for clients at different work sites.
• Surveys to recommend integrated security for optimum man machine mix.
• Security Audit of industrial and commercial establishments to recommend security plans, resources, security procedures, updating of security and help in formulating policy & risk analysis.
• Security Audit and Consultancy.
• Installation and after sales service of closed circuit TV, access control, intrusion detection systems and fire alarms.
• Manufacture and sale of Snatch Alarm Cash Bags.Issue of photo identity cards.
• Fire Protection – Provision of trained fire guards, fire officers and fire tender operators. Maintenance of clients’ fire fighting equipment and also installation and maintenance of fire systems and fire fighting equipment.
• Executive protection/ Bodyguards,
• Security for special events.
• Investigation – Antecedent verification, credit worthiness, surveillance of specified subjects parallel employment and finger print examination.
• Basic & refresher training, as per clients’ requirements for “in house” security and fire guards.

Cash and Valuable Transportation Services: It offers all services related ATMs replenishment machines, cash pick-up and delivery, intra-city and intercity movement of cash and bullion using specially designed cash vans and armed guards. It specializes in sorting and vaulting cash in more than 72 locations.

Electronic Security Equipment: It designs, procures, installs and maintain equipments are rugged and highly advanced electronic surveillance systems. These include CCTVs, Access Control Systems, Fire and Intruder Alarm Systems among others.
Fire Protection: It undertakes fire audits and surveys, provide trained fire guards, conduct mock drills, install and maintain fire hydrant systems and fire fighting equipment.
Investigation: It carries out pre-and post-employment verification, commercial creditworthiness check, investigation of theft, fraud and other enquiries.

SDB Cisco India Ltd & its subsidiary have become a subsidiary w.e.f March 28, 2009.