Hi guys I know there is a hole in the ozone layer but the sky is...

Hi guys
I know there is a hole in the ozone layer but the sky is not about to fall in. This thread is so gloomy you would think the company was about to go under.

I agree with comments about the CEO and Bruce Higgins
but the profits are still rolling in. The company has stated they will install 120 this half. That is a reasonale increase. They must now have a extra installation crew to achieve this rate. They have announced a large number of contracts in the last few months so business is very good.
The scottsdale freeway speed program goes live next week and starts issuing warning citations for the next month then dollars really start to flow.

The share price has fallen quite a bit and wont have to fall much more to represent very good long term value.

I also agree short term things are not looking that great and there are definately better stocks out there( and worse ones as well).

However if you have a porfolio of 5 to 10 stocks then redflex should be part of it.

I have definately lightened off over the last 12 months but i still have 20% of my total portfolio in this stock and I dont intend to reduce any more. If the stock was too fall futher down to say $2.50 then I would be buying .

Personally I think most of the fall has now passed and the stock will just drift around in the 2.80 to 3.10 range until the situation with comms is clarrified