RDF 0.00% 90.0¢ redflex holdings limited

@SimonGr i need to pay onedrive subscription to store my...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,861 Posts.
    lightbulb Created with Sketch. 39
    @SimonGr
    i need to pay onedrive subscription to store my research work on many stocks, and I can make two points that are fatal to RDF:

    1. of all the presentation they made over the years, they never took time and effort introduce the board and the management... I suppose they are just like their business, hiding behind cameras ... and I never seen a single stock strive even for a short period when they skip management credentials

    2. again, depreciation of 20m a year only suggests they play accounting tricks in terms of capitalisation operational costs, even that, they only achieve some 10% margin over 100m revenue, I dont think their customers are sticky at all, probably smart to outsource expenses via paying small margin.
 
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.