Vucomm Vesti

   15.5.2009. - Company Flash DZ Bank: Recommendation: "Buy"

Mobotix - Healthy Q3 / New fair value EUR 26 (previously EUR 25)
Investment recommendation: Buy
Fair Value: 26.00 EUR

Compared to its Swedish competitor Axis, Mobotix has showed very convincing operating performance for the first three months of 2009. On the basis of our new forecasts, we place Fair Value at EUR 26 (previously EUR 25). We confirm our BUY recommendation.