RDF redflex holdings limited

where will it be in a year, page-6

  1. 1,571 Posts.
    Would not be too concerned that the stock will have a weighting of greater than 20% of portfolio. Especially one that looks to grow in excess of 20% per year for the next 3-4 years at least. My prediction on share price for june 30th next year is 4.40 with a PE of 35 and a profit of approx 10.5m on the current shares on issue at approx 83.5m I think that by year end next year with the prediction of a 19-22m profit for 2006 we could be looking at between 5.00 - 5.50. This is just my opinion and i hold quite a few and will be holding until something changes my views that this SP is going to be considerably higher each year going forward and the current US business model falters.
 
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