5 Comments

Nice one mate! Some good amongst a lot of trash last quarter. Do you hold any of those?

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author

Hey mate,

Yes, you're right indeed. This last quarter was mostly painful for many small companies. There will always be strong performers though, even when times are tough.

Dropsuite (ASX:DSE) - Held

Camplify (ASX:CHL) - Held

Acusensus (ASX:ACE) - Held (Very small position)

Felix (ASX:FLX)- Not Held

Austco Healthcare (ASX:AHC) - Held (Very small position)

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Some nice crossovers there. We should start a fund! Hahaha

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May I ask..

To review

RFT rectifier technologies

Was all looking good.. but since reporting RFT keep selling ..

Where is support ..

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author

Hey mate,

Thanks for your comment! Happy to provide my 2 cents on what may have happened to Rectifier, noting that this is purely speculation given management haven't yet hosted their AGM. The AGM will happen on November 29, and perhaps more clearer answers should come of this.

In essence, as I highlighted in the article about Rectifier, there's a big risk in customer concentration, with a large chunk of their revenues coming from Tritium. It's been clear that Tritium had been under difficulties. Recently, they announced they would stop manufacturing in Brisbane (https://www.afr.com/companies/energy/albanese-government-reluctant-to-bail-out-stricken-tritium-20231102-p5egw5).

This as further increased the fear from investors that Rectifier may lose Tritium as a customer altogether given they will now be based in the US.

Purely speculation at this stage, I don't know anymore than you.

Hopefully we should have more clarity by the end of the month.

Cheers,

JP

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