RDF redflex holdings limited

CB, the old axiom is that if you treat all broker's advice as...

  1. 688 Posts.
    CB, the old axiom is that if you treat all broker's advice as contrary indicators you will do quite well.
    Beats me why CSFB bothered to do a report on RDF in the first place, even several brokers themselves commented how wishy washy the CSFB report was.

    The report was so neutral that they even said at that stage the stock was fully valued. Guess they really are only interested in turnover, get some clients into the stock and then out again, helps pay the rent.

    As you say, this is really a longer term stock.
 
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