AfroTez

Redefine analysis

JSE:RDF   REDEFINE PROPERTIES LTD
One of the big finishers of the week, Redefine posting 20% increase. And in the week to come we can only hope that the rise continues. In the year they have shown strong potential to rebound and their previous blow was a certain investment property coming back to haunt them when they least expected it. Redefine is a confident pick to back for recovery as they have shown great effort in cleaning up their balance sheets. More than likely, 5 years down the line they should be far above where they are currently.

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