RDF 0.00% 90.0¢ redflex holdings limited

Short trem the market can`t see too much good news. If you have...

  1. 642 Posts.
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    Short trem the market can`t see too much good news. If you have access to Comsec check out their forecast earnings for the next two years. They`re completely different from those of 7 or 8 months ago after the annual results were released. The trouble is the analysts can`t see past the end of their nose and change their mind every time some new information comes to hand.
    Redlight is close to the mark. With the amount of contracts won recently and a third installation team on the go the next set of numbers ( Sept? ) should give a good idea of how we`re going. Who knows it mat even lead to an upgrade or two!

    Short term is anybodys guess. Long term, if you believe in the market RDF is in and our leading position then sooner or later the numbers will win. Trouble is though the market can stay lower longer than you can stay sane.

    I`m slowly buying back a few around these prices with a 12months + investment horizon.
 
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Currently unlisted public company.

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