RDF 0.00% 95.8¢ redflex holdings limited

yearly report, page-2

  1. 3,701 Posts.
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    Roger
    results were out several weeks ago and this is the official audited version.

    Result exceeded company forecast of 3M but was below broker estimates of closer to 4M. This was possibly one of the factors which caused the big sell off a few weeks ago.

    Stock is now recovering

    There were plenty of positives though

    They did beat their forecast
    Installs again increased to Ave 17, in reality probably is higher than this. Actual installs have always exceeded what they have said

    And you are correct plenty of camera's being installed in the US

    Every month more camera's are installed, revenue increases, profit increases which at some time must mean that the share price increases.

    A excellent buy and hold stock, not really a HC stock , more a portfolio stock
 
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