RFT 25.0% 1.0¢ rectifier technologies ltd

Ann: Half Yearly Report and Accounts, page-16

  1. 539 Posts.
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    A very pleasing report and likely we are heading into a exciting growth phase..

    " The Company was able to report an excellent performance result for the half year to 31
    December 2018 was due to a significant growth in sales from electric vehicle charging market "

    Future developments in sales with the " productised " EV DC 11kW Home Charger and
    with our upcoming release of V2G charger are likely to provide a step change in Revenue
    that will provide further impetus to the SP...

    Productised ....When something has been productised it means that it has been
    taken from a raw or minimally developed idea and has been turned into a standard, fully tested,
    packaged, supported and marketed product...

    " As previously announced, we have begun development of a Bi-Directional EV DC Home Charger
    to target global trials of V2G technology in 2019/2020. "  imo... meaning FY not CY as announced
    on the 28 nov /18

    " The first R&D prototype is expected to be integrated into the EV Home Charger by end of
    Q2 2019 and can be in full production by the end of Q4 2019. "


    let the re rate of the SP begin...glta
 
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