re: rdf - prediction stoss, to a large degree it depends on the...

re: rdf - prediction stoss, to a large degree it depends on the yearly result. Under previous boards and management Redflex has perennially underperformed. A lot different now, both at corporate level and the new executives in the Traffic division.
Comms I feel is once again going to underperform for the year however with the recent Comms contracts announced this poor result for Comms to 30th June will probably be discounted as from now on Comms should at least be profitable.
Traffic may surprise on the upside, their installation ramp up and lower A$ should help.
In the washup I believe if they can meet their projection of a profit of $3 million for the group then this will be viewed favourably, if they can beat the $3 million by a reasonable margin then the market may get a bit excited.
When the yearly result is announced in August the funds particularly are going to look at the half on half growth and probably also project it to further accelerate, if they then see something similar to the Intersuisse projection of $12 million profit for next year we may see a solid market reaction.