RDF redflex holdings limited

article in the Australian today also. says it's a good story but...

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    article in the Australian today also. says it's a good story but overpriced. at its recent peak it was trading on a forward pe ratio of about 50 with no dividend in store for years.

    now that it's a profitable company it can be fundamentally measured against certain criteria and so suddenly it appears expensive.

    bear in mind it's market cap is about $200 million.
 
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