there is no doubt this is undervalued. with about 5.5Mill for HY13, lets say total earnings would be 10Mill for the year. we are currently at a PE of about 8. with Malaysia coming onboard after the elections there, there should be a good earnings spike and once the PE recovers it wont be hard getting it back to $2. But the market is rightly vigilant as the news just isnt good right now and there is no rush to buy this. but a great opportunity for those that do.
RDF Price at posting:
80.0¢ Sentiment: LT Buy Disclosure: Held