RDF 0.00% 95.8¢ redflex holdings limited

rdf powering ahead, page-14

  1. 175 Posts.
    I agree Ventracor cannot be compared to REDFLEX - Redflex is a real company with real revenues - I'm just saying it has run way too hard, too fast. Be patient and buy at more acceptable levels - despite the many contracts it has in place, Redflex is still to prove itself - I bought and sold RDF back in 1999 when they were first hyped on these chat rooms (and actually made a small amount of $$). RDF has been around over 6 years and has just hit profiablility - I'm suggesting you wait for the inevitable pullback in stock price and THEN buy in - remember what a great buy ERG looked 4 years back at 50 times their current price (pre share recapitaliation ERG were $45 less then 4 years ago! now 80 cents !!!!!!!!!!!) ERG has a similar contracting agreement to that of REDFLEX (admittedly REDFLEX is in a superior postion to what ERG ever was in terms of capital Expenditure). The facts are REDFLEX IS EXPENSIVE by any measure and you'll see the few fundies on the register jump ship now and book profits - sub $1.30 will eventuate in coming months and I will then look at jumping in - if you're happy to buy at $1.86 them that's you're choice - I can name 10 other companies I'd buy before RDF at $1.86 which represent far better value!
 
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.