RFX 0.00% 9.7¢ redflow limited

Welcome back @Brumbypat ! I missed your incisive posts. Let me...

  1. 5,027 Posts.
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    Welcome back @Brumbypat ! I missed your incisive posts.

    Let me guess... you're prepared to grant point 2?

    I'd be prepared to allow point 4 as well at this stage:
    - Prepared to recognise problems and take/implement advice on correction
    - Prepared to follow through on development plans
    - Committed to success of the company
    - Keeping investors up to date with developments

    Of course they've yet to prove themselves but at this stage they're making the right noises and starting out in the right direction. My stake is small so I'm prepared to take that at face value. I'm also not convinced that it's up to managers to underwrite the finances of the company. In fact there are situations where a large financial stake in the business will cloud a manager's judgement.

    Point 1 depends on exactly how you define the market in which we're expected to lead. But if we're talking about utilities like telcos where long term and low maintenance are critical then we could jump reasonably quickly into that position. The fact that we have a large order book already before we can even supply the units attests to that potential. We just need to be able to start filling those orders!

    Anyway, I'll give Redflow two out of four on @EvertonFanatic 's criteria with number three only 3-6 months off.
 
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