9 slides from Rectifier Technologies's shareholder meeting presentation, Dec 1, 2010
Slide 1: AGM Presentation
For personal use only AGM Presentation 30 November 2010
Slide 2: Disclaimer
For personal use only Disclaimer •This document is not a Prospectus nor an Offer to Subscribe for Shares •RT Ltd and its subsidiaries (“RT”) makes no representations or warranty (expressed or implied) as to the accuracy, reliability or completeness of this document. RT and its respective directors,
Slide 3: Review of 2009/10
Review of 2009/10 For personal use only • Full year loss of $1877K on revenue of $8.4M • Previous year loss of $793K on revenue of $10.6M • Lower sales in all segments • Lower margins; pricing, currency • Write-down of Intangible Assets ($930K)
Slide 4: Review of 2009/10
Review of 2009/10 For personal use only • Increased presence in domestic markets • US business good but erratic • Growth in utilities activity • Licencee revenue ongoing; primarily China • New licencing activity zero • Protran soft; considering options
Slide 5: Funding in 2009/10
For personal use only Funding in 2009/10 • Cash tightened due to lower sales/profits • New equity investment from Pudu • Consistent with longer term strategic direction • Two Pudu directors
Slide 6: Recent Progress
Recent Progress For personal use only • US/UK business ongoing • Other international weak • Large local infrastructure contract • Close collaboration with China Telecom • Costs under review
Slide 7: New CEO
New CEO For personal use only • Yanbin Wang • Chinese national, Chinese/US Education • Business experience in China/US • Board of Pudu • Full-time, resident
Slide 8: Outlook
Outlook For personal use only • Growth primarily in China telecom and energy markets • Continue to pursue traditional markets • Continue domestic initiatives • Exploring options for Protran • Record order backlog
Slide 9: Any Questions?
For personal use only Any Questions?