RDF 0.00% 95.8¢ redflex holdings limited

probably a few small traders getting stopped out which is...

  1. 3,701 Posts.
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    probably a few small traders getting stopped out which is pushing the price down on low volume.

    First half results out this week , hopefully thursday , Friday at the latest. Expecting only a very small profit as the growth in revenue only started to have a impact in October. Second half will be much better and each half thereafter much better again.

    There must be some announcements in the wind, there are a few cities which have been selected and contracts terms are being negotiated. The problem is that contracts can take 1 to 4 months to finanlise so when they actually get announced is always a unknown.

    I am hopeful that they will announce some more contracts around the same time they release the results but I really dont know. Will just have to wait and see

    While contracts wins is what is visible to investors actuall installs are more important. The contracts they have will take them almost 18 months to install . Installs are progressing nicely each month with the rate of installs per month likely to be increased by 50% by June

    Long term this one is looking great. Short term you are at the mercy of a few traders

    I hold lots of RDF
 
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