RFT 12.5% 0.7¢ rectifier technologies ltd

BP buys Chargemaster, page-70

  1. 207 Posts.
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    Yes T/O possible, but I wouldn't worried about that, and to be honest I wouldn't want it to happen. Going forward we will likely see orders in excess of $10 million, revenue growth and future profit growth look significant for RFT. As the saying goes SP follows EPS growth which we will see. I expect RFT shareprice to move above 5c on next order and head towards 10c if we have repeat orders through 2019. Another significant repeat order like the last one will more than confirm that there is going to be some large amounts of cash flowing towards RFT . Relatively RFT is still under the radar and is a small market cap company, so there is also SP appreciation potential once it becomes more prominent, especially if we get some institutional investors on board. Risks to me are that another rectifier manufacture competes with RFT, but from my limited knowledge even though they are a small manufacturer it seems their product is superior and they have a very good R&D team and are very much leading in this field as history has shown. Also risks around one manufacturing site - natural disaster, fire etc. Also at this stage we are looking like there is one key customer in the EV charger area, so hopefully another customer will de-risk us from the single customer exposure. Also risk around overall market correction - trade wars, macro economics. However overall I see large upside is RF's futured
    Last edited by NZSilver: 07/07/18
 
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