RFX 0.00% 9.7¢ redflow limited

Ann: Collaborative Test Program-RFX.AX, page-89

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  1. 920 Posts.
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    Even defending at 3:30am... That's just sad.

    So you consider there is no risk to this stock whatsoever?

    Here's a couple to get you started:

    1) sales risk - Redflow has zero record of successfully commercialising anything.

    2) executive chairman risk - Simon Hackett is the only star of the show, but he likes flying small aircraft, driving electric cars (lithium powered boo hiss) and is subject to any one of the same health dangers as any middle aged man. Are you confident Redflow could ever be successful without him? How about if his time is excessively impacted by the federal police investigation into the NBN, of which he was a director at time of alleged rorts.

    3) product risk - I have seen many times on this forum that people are bagging the Powerwall warranty. What if Redflow's battery is a failure against its own warranty, or doesn't live up to its claims?

    4) investor risk - there are already people on this forum who bought at the peak of 60c plus and have sold at a crippling loss in the downward spiral since. They won't be buying this stock back in a hurry. I would also comment on the seemingly high number of first time or single holding investors posting on these threads as a small sample of the type of investors Redflow has on the register at present.

    5) confirmation bias risk - without opposite views on this forum such as mine, you would all be sitting around giving a circle jerk over the size of the supposed battery market, selling 18200 batteries this year, and happily congratulating yourselves on being the smartest investors on the ASX. My biggest tip to you and everyone reading this thread is to calmly and rationally consider all opinions posted on any stock. Let's face it, if you guys were right, would we be sitting at an SP of 40c and staring down the hill?

    Hope you got a good nights sleep, I'm up and ready to make some money by careful stock selection and considered reasoning.

    For the record, VPC is one stock you can investigate. Unlike Redflow, it's next quarterly report will be a ripper.
 
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