RDF
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0.00% 95.8¢ redflex holdings limited

re: rdf h/y predictions? I think you are a bit high.The latest...

  1. Paul100
    3,701 Posts.
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    14/02/05
    15:45
    Post #: 791279
    re: rdf h/y predictions? I think you are a bit high.

    The latest CSFB broker report has a full year profit of around 9M. I would expect CSFB to be pretty well informed so I am guesssing 4 to 4.5 cents for the first half and around 7 cents for the second half.

    So on this years earnings that would be a PE of around 36. Certainly not cheap but profit growth will only accelerate over the next few years and I dont see any reason for long term holders to sell. Price will definately riise over the long term .


    RDF Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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