Rectifier Technologies Limited ("RFT")

[steve fleming]

RFT wins two Prestigious 2014 iAwards

http://stocknessmonster.com/news-ite...E=ASX&N=407256

Congratulations RFT, and congrats to the Vic Govt for all the support they have given RFT




"The most outstanding ICT R&D project in Victoria"

So, RFT have:

*an externally validated, award winning, innovative secure power solution
*highly environmentally friendly / energy efficient
*a growing market for their product to be distributed into (DCs)
* a financially strong and experienced distributor, who as the major shareholder is well incentivised to put lots of effort into the distribution
* a business model that is already profitable

The good thing is that all the R&D on RT15 now appears complete, so RT15 looks ready for Yimikang to take to market. Exciting times ahead

[Well Endowed]

added to a small position in this today, thanks for the info Steve. hoping the SP will gain traction over the coming quaters. Still only a 4mil MC.

[Joshuatree]

My buy finally got hit @.003c. Been a standoff for weeks

[Joshuatree]

Looking good Steve you beaut
Results in after mkt
REV up from $5.2 mill to $5.9 mill
EBITDA $823,000 from a LOSS of $625,000
NPAT $576 ,000 up from $760,000 LOSS last year
Mkt Cap $3.28 million.

[noodles]

Looking good Steve you beaut
Results in after mkt
REV up from $5.2 mill to $5.9 mill
EBITDA $823,000 from a LOSS of $625,000
NPAT $576 ,000 up from $760,000 LOSS last year
Mkt Cap $3.28 million.

It might be worth pointing out that more than half of that profit is from discontinued operations?

[Joshuatree]

Cheers noodles, i see Steve mentions that too but lots to like with momentum atp and profit from non UK ops increasing and cost reductions. Tiny and hopefully growing with more liquidity and int going forward.

[steve fleming]

Cheers noodles, i see Steve mentions that too but lots to like with momentum atp and profit from non UK ops increasing and cost reductions. Tiny and hopefully growing with more liquidity and int going forward.

When the new RFT/Yimikang product for data centres gets full regulatory approval and can be commercially sold, is when the real kick in revenue and profit will come. At the moment, sales predominantly comprise the older RFT products (which are still in demand).

Given this (RT15) is a recognised award winning product with strong green credentials, approvals should be forthcoming. Hopefully not too long a wait.

The appointment of the Yimikang chairman to the RFT board shows Yimikang's commitment to RFT.

However, stiil a very small and risky business though.

[Joshuatree]

Big lift from .003c to .005c today. have sold 30% ,aiming for the higher plane called Free Carried. is the goal.

[noodles]

Big lift from .003c to .005c today. have sold 30% ,aiming for the higher plane called Free Carried. is the goal.

Legend! Talk up the stock just 4 days ago then sell today for 66% gain.

Well done.

[Joshuatree]

Thanks to Steve and its only a snapshot and still a riskier stock to hold but looking good to me.