RDF redflex holdings limited

please explain

  1. 5,194 Posts.
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    I picked this posting up from amnother forum. I am not crash hot with the fundamentals of this company. Can someone care to explain this to me please?

    "Forgive me for being slow but RDF are forecasting a 12 month profit of $3 mill which, at 83 million shares on issue, gives an EPS of 3.6 cents per share. This equates to a P/E ratio of 79:1. Something's not right or I'm missing something fundamental. "


    Cheers
 
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