RFT 0.00% 0.9¢ rectifier technologies ltd

Ann: Product Purchase Orders from i-charging, page-82

  1. 1,124 Posts.
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    I agree they have developed a great product which is why I invested in them.

    My challenge is their ability to convert a great product into a great profitable production line to match sales. They have failed to deliver the big order for last financial year and now have double that to deliver this year. Yes we can all blame COVID for our supply chain problems but some of the better companies are finding ways to overcome this. The question I keep asking myself is “Will they ever step up and be great at sales and production or just a small player?”

    The next 6-12 months will be telling! If it is the later, they will probably carry on until someone wants to buy them out or JVs to manage the production. Furthermore they don’t have a monopoly on good ideas; plenty of others are developing fast chargers and they risk being overtaken by one of them in the next year or two. Clocks ticking!




 
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