RDF 0.00% 90.0¢ redflex holdings limited

when will tide turn? is it on the ebb?, page-13

  1. 25 Posts.
    Fair enuff, lord elpus. I personally find it way too difficult to pick the highs and lows, and much easier to try and identify companies that will do good in the long term. I first bought into RDF at the IPO (and nearly lost my $$ along the way when things looked really shaky there for a while).
    Overall, though, I believe automated enforcement will be standard practice everywhere within the next 10 years or so. RDF (despite real or imaginary problems) is in a unique position to take advantage of this.

    RDF will always have "competitors" - with ATS being the latest entrant - prepared to spend a few tens of millions of $$ to gain market share, but RDF is cashflow positive is still winning a large share of the contracts on offer.

    Not sure what to make of the latest attempted move against speed cameras in AZ (http://www.azcentral.com/news/articles/0331FreewayBill31-ON.html ) but hopefully they will come to their senses. It's *almost* comical how opponents are asking for stats that show reductions in accidents. I mean, surely the speed limits have been proven to reduce crashes? Otherwise, why are there there? To reduce fuel consumption? Noise? And if the speed limits reduce crashes, then it must surely follow that *enforcing* the speed limits will reduce crashes too?
 
watchlist Created with Sketch. Add RDF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.