RDF redflex holdings limited

there is no doubt this is undervalued. with about 5.5Mill for...

  1. 3,216 Posts.
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    there is no doubt this is undervalued. with about 5.5Mill for HY13, lets say total earnings would be 10Mill for the year. we are currently at a PE of about 8. with Malaysia coming onboard after the elections there, there should be a good earnings spike and once the PE recovers it wont be hard getting it back to $2. But the market is rightly vigilant as the news just isnt good right now and there is no rush to buy this. but a great opportunity for those that do.
 
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