A work of pure genius! - Brilliant "Revetec" Engine

[3yearsharehold]

Revetecs Twenty largest shareholders as of Annual report 30 June 2009

Number of ordinaryshares held & Percentage of capital held

1.BRADLEY DAVID HOWELL-SMITH 32,380,987 13.83%
2.MR EDWIN YU 15,250,000 6.51%
3.MR DOUGLAS JOHN LOMAS ATF <THE CENTRE MANAGEMENT A/C> 9,528,778 4.07%
4.WINCOF PTY LTD 6,006,399 2.57%
5.PAUL RUDOLF MOITZI ATF <MOITZI FAMILY A/C> 5,879,969 2.51%
6.PETER KOCH 4,517,000 1.93%
7.PAN ENTERPRISES PTY LTD ATF <PAN DISCRETIONARY FAMILY A/C> 3,736,577 1.60%
8.BRIAN DOUGLAS ANDREWS 3,093,000 1.32%
9.CHRISTOPHER LEO DRENKHAHN 3,010,001 1.29%
10.MURRY ANDREW 3,000,000 1.28%
11.GRAHAM MARK DREVER & ALISON LOUISE DREVER 2,953,570 1.26%
12.STUART RICHARD LEE MARTIN 2,900,000 1.24%
13MR GRAHAM MARK DREVER ATF <M & A J DREVER A/C> 2,870,530 1.23%
14.MICHAEL ANTHONY O'MARA & LYNETTE O'MARA 2,608,850 1.11%
15.EVADON CORPORATE PTY LTD 2,500,000 1.07%
16.REGINALD AINSWORTH HOWELL-SMITH & PATRICIA HOWELL-SMITH 2,404,000 1.03%
17.HARTAZ PTY LTD 2,123,888 0.91%
18STEPHEN SHERRIN & SUTCHADA HEATON 2,100,000 0.90%
19KINGSWOOD PTY LTD ATF <TUALLY FAMILY A/C> 2,000,003 0.85%
20.SNV ENTERPRISES PTY LTD 2,000,000 0.85%

The only top shareholder that consitanly sold down over last three years is No 16 ..name ending in HOWELL-SMITH!
Just wonder if there holding went down just before last capilal raise , & is up now.

[Matra et Alpine]

erm explain last part please ?
From 2006 hodings it looks like then they owned 2,952,000 shares.
Hardly a significant "sell down"

Tiem to put the conspiracy game back into your toy cupboard

Who are they anyway ?
From the names I presume they are his parents or siblings ... inthat case, not unreasnable for either to sell and leave son/brother to get on without their continued suport You can only "Hold hands" for so long before cutting the apron strings.

[FireyB]

It's hard to know what the idea of de-listing is without the results from Germany or talking to "The Board"... Not having too much experience with this sort of stuff myself, I was keen to see what everyone else thought, but it's evident that there is not one clear answer, but rather many points of view which can be concentrated down to the reason being either very good, or very bad.... So for now, it appears everyone is left to do the old sit and wait again for yet another report. Lets hope it's not saved up for one big AGM bombshell.

[3yearsharehold]

Matra et Alpine,
If you rob a bank the Judge isn't interested how much money you were after.
"Hardly a significant "sell down"..... A quarter of 1% is significant, besides any buy sell should be disclosed immediately regardless of share price.

"erm explain last part please ?" Three weeks before rights issue the shares traded 40% higher, so the question is did Howell-Smith Number 16 sell then buy back.
A quarter of 1% BHP = $300 million

ASX Business Rules & Listing Rules
associates include:

(a) a spouse of any recognised affiliate or relative of any recognised
affiliate;

(b) a partner of the participant, a spouse of such a partner, or the
relative of such a partner or spouse;

(d) immediate families of any such partners, directors, employees,
consultants and associated members;

(j) any person who is an associate of the participant for the purposes
of Division 2 of Part 1.2 of the Act.
For the purpose of this definition, relative means spouse, defacto spouse,
parent, son or daughter or a spouse or defacto spouse of that person.

Voluntary withdrawal of listing
2.25 An issuer whose primary listing is on the Exchange may only voluntarily
withdraw its listing if it gives the Exchange at least 90 days notice and the issuer
has obtained the approval of the holders of each class of its listed securities by
way of a three quarters majority vote at duly convened meetings of those holders.

[Matra et Alpine]

Matra et Alpine,
If you rob a bank the Judge isn't interested how much money you were after.
"Hardly a significant "sell down"..... A quarter of 1% is significant, besides any buy sell should be disclosed immediately regardless of share price.

You're argument is flawed as you have assumed "robbery" if it's "Legitimate" then the whole argument is moot.
What are the limits on OZ listed public companies ?
Directors are ONLY requed to indicate "significant" share transactions in US or UK exchange.
What is the position of the Australian markets ? No point thinking on this if the number is below that.
PS: 1 quarter of 1% is NOTHING in share ownership.

"erm explain last part please ?" Three weeks before rights issue the shares traded 40% higher, so the question is did Howell-Smith Number 16 sell then buy back.
A quarter of 1% BHP = $300 million

Where are you getting that the shares are worth $300M ?
As I understand frmo these pages, the share price plummetted.
Investors can't apply old prices to more recent events. The ombudsmen don't look it like that So no point us

ASX Business Rules & Listing Rules
associates include:
........
For the purpose of this definition, relative means spouse, defacto spouse,
parent, son or daughter or a spouse or defacto spouse of that person.

fairly standard for stock market rules.
BUT what's the relevance ?

Voluntary withdrawal of listing
2.25 An issuer whose primary listing is on the Exchange may only voluntarily
withdraw its listing if it gives the Exchange at least 90 days notice and the issuer
has obtained the approval of the holders of each class of its listed securities by
way of a three quarters majority vote at duly convened meetings of those holders.

agaiun, soudns like that is what is being proposed.
eg a MEETING to vote on the board/directors proposal to de-list.
Again ... fairly standard the world over.

This seems like the same old ground.
Investors put money in without realising the risks of investing.
Sad, but the realistic situation in investmentis that most "lose" ( or don't win as much asexpected ).
I consider it a good year if at least 1/3rd of my choices come up positive.
But that's the risky market play and as long as that 1/3 delivers $$$$ then I'm more than happy.
No point getting worried over the 2/3 I lost on !

If I am readingi tt rght and there are still investors thinking they have a right to "more value" then I'm afraid they're learning lesson one of investing. You lose. Lesson 2 is sometimes you win.

[csl177]

Man, five years and counting. Anyone else feel as though the title of this thread (and the content/direction)
have become really annoying? For awhile there, the trolls were at least entertaining.

As to investments in emerging and/or experimental technology? Well, I made a mistake with Orbital a decade ago.
It happens. Man up when it doesn't work out. Interestingly, my battery and solar PV stocks have done great.
Currently up over 400%.

[clutch-monkey]

As to investments in emerging and/or experimental technology? Well, I made a mistake with Orbital a decade ago.
It happens. Man up when it doesn't work out. Interestingly, my battery and solar PV stocks have done great.
Currently up over 400%.

exactly!
it's essentially gambling, play with fire and expect to get burnt.

[csl177]

exactly!
it's essentially gambling, play with fire and expect to get burnt.

Yup... although any sensible person spreads risk by choosing solid performers to go along with the starry-eyed dreams,
and researches what MIGHT be good investments. It's INFORMED gambling.

[3yearsharehold]

Matra et Alpine
"You're argument is flawed as you have assumed "robbery" if it's "Legitimate" then the whole argument is moot."

No YOU ASSUMED!

"What are the limits on OZ listed public companies ?
Directors are ONLY requed to indicate "significant" share transactions in US or UK exchange.
What is the position of the Australian markets ? No point thinking on this if the number is below that."

Stop trying to be a lion and read, As I said in not so many words, any quantity regardless of share value, for good reason, lookin over seas .

"PS: 1 quarter of 1% is NOTHING in share ownership.
Where are you getting that the shares are worth $300M ?"

Do your math, % carefully read what I stated!

"This seems like the same old ground.
Investors put money in without realising the risks of investing.
Sad, but the realistic situation in investmentis that most "lose" ( or don't win as much asexpected ).
I consider it a good year if at least 1/3rd of my choices come up positive.
But that's the risky market play and as long as that 1/3 delivers $$$$ then I'm more than happy.
No point getting worried over the 2/3 I lost on !"

I have never said I regretted investing in this company & if you think you can win by most loosing you had better check your last bank statements !

"If I am readingi tt rght and there are still investors thinking they have a right to "more value" then I'm afraid they're learning lesson one of investing. You lose. Lesson 2 is sometimes you win."

Your tone sounds like you've given up on Revetec.

I still win because I backed an Aussie invention.
BTW the ASX would be more beneficial..

cs1177
Well its called timing the market ....If you invested in Orbital 1999 & sold in 2000 you'd be 150% in black..June 2006 sold June 2007 you'd be 250% in black.

[Matra et Alpine]

^^^ Sorry man but I'm not getting involved in that nonsense.

I presume your "BHP" referred to Biliton. SO has NOTHING to do with REvetec.
THe calue and percentage of the holdings folks were complaining about being "sold down" is insignifcant.

Yes I lose a fair NUMBER of deals .. but IF you win big enough on the other deals then it does not matter.
It's all about BALANCING risk in the portfolio.

I'm a supporter of Revetc and the efforts that Brad is putitng in and if you review the thread you'll see I'm often telling idiots to get off his back and to grow up in investment terms.

Your posts don't fit together and life's too short to debate.

I go back to the previous post ... the comapnyb is doing the right thing in saying they will propose at a meeting de-listing.
All the rest is mind-masturbation.

[csl177]

cs1177
Well its called timing the market ....If you invested in Orbital 1999 & sold in 2000 you'd be 150% in black..June 2006 sold June 2007 you'd be 250% in black.

Interesting you'd pick up on my comment regarding Orbital. I believed in it but too early, much like your concerns with Revtec. I sold when Orbital was de-listed from the NYSE and moved on... the stock never achieved the performance I was looking for, let alone the questions of company condition. As a member of SAE my background allowed me clearer understanding of what the product was/is, and it's limitations. That's not to say Orbital or Revtec aren't potential future winners, as I think both are technically interesting. But as an investor, one must temper (as I suggested) starry-eyed dreams with economic reality. For me, that means alternative energy technologies which have shown far more growth potential for my particular type of portfolio. I'm 54, retired, and have been doing this successfully quite awhile. Balancing solid blue-chip long term performers with bonds and growth stocks will always be mainstays for successful investors.

There's no such thing as "timing the market". A smart investor accepts certain losses as inevitable. One can't always buy low and sell high. Grow a set... sooner or later when they get lopped off, you'll need to get used to it and grow some new ones. It happens.

As already pointed out, this thread reeks of the whining of unhappy investors. It's supposed to be about Revtec's engines... something far more interesting. Let's continue that discussion, shall we? If you aren't happy with your investment decisions, please vent somewhere else. This is an automotive site.

[Matra et Alpine]

Grow a set... sooner or later when they get lopped off, you'll need to get used to it and grow some new ones. It happens

I'm keeping that quote for the future. Best way I've sen it written for many a year

Intresting view on the rate of acceptance of engine change tech.
I'm working with a few researchers and the amount of research, design and patent work in the area of Hydrogen and the application of Hydrogen fuelled or hudrogen cell powered devices is astounding even me. THere are SOO many real winning innovations that need the small cheap energy that can be delivered via local H generation that I think it will "drive" the market.

Like porn drove the video and then network industry I think the "gadgets" and products will spur the development of small efficient Hydrogen based power - by whateve means.

Like we all thought VHS killing Betamax was the end of a war we realised it's was only an early skirmsih and VIdeoDisc, DV, DVD and Blu-Ray are only battles along that campaign. ( OK that analogy probably only works for us old enough to have BEEN THERE with the Betamax/Video2000/VHS times )

Anyway point being .... maybe the boat HAS passed on tweaking the last efficiency out of the ICE. WHere it's at is fine because the "new stuff" changes the whoel landsacpe aking the last few $ points improvement irrelevant to the market.

[csl177]

Interesting view on the rate of acceptance of engine change tech.
I'm working with a few researchers and the amount of research, design and patent work in the area of Hydrogen and the application of Hydrogen fuelled or hudrogen cell powered devices is astounding even me. THere are SOO many real winning innovations that need the small cheap energy that can be delivered via local H generation that I think it will "drive" the market.

Anyway point being .... maybe the boat HAS passed on tweaking the last efficiency out of the ICE. WHere it's at is fine because the "new stuff" changes the whoel landsacpe aking the last few $ points improvement irrelevant to the market.

Agreed, Matra. I can see small Revtec power units using alternative fuels such as LPG, hydrogen or bioethanol at constant speeds, driving generator/KERS systems for automotive applications. That's where the design's inherent thermal efficiency could shine. And there are already hydrogen/Stirling utility systems in use. Marine applications have been the most impressive.

Solar and wind will undoubtedly become the cheapest methods of producing hydrogen for the purpose. Energy expenditures to produce hydrogen have been problematic to say the least; simpler integrated systems will create an entirely new marketplace for clean power. My enthusiasm for fuel cell technology over the past 25 years has been tempered by the slow rate of acceptance, and high costs related to producing hydrogen. Moore's Law applies to all technologies: accelerating exponentially to an equal reduction in costs. The next generation of power sources are just in the wings... and will be exciting to witness. Revtec could be a viable component.

[3yearsharehold]

cs1177
"There's no such thing as "timing the market". A smart investor accepts certain losses as inevitable. One can't always buy low and sell high. Grow a set... sooner or later when they get lopped off, you'll need to get used to it and grow some new ones. It happens."

Well I will let you feed mine to the Hyenas if I cant time this one , as an experiment at my expense CDU.AX (CuDeco Limited) today closed at AU$5.77.
Before 25/12/09 AU$10.00 AU$30.00 before 25/12/2011.
If I'm wrong on either, I will cut my own off , then you guys can take the piss .

[Matra et Alpine]

^ Not too hard a call.
Playing the numbers failry solidly.
Is their JORC statement out yet ?
Coz if it is then you're "cheating"
But hey, copper has already quadrupled market price in the last year and fair to expect a mining company with reserves chare price to track slightly behind that while the market is still a little "tender". Once it turns bullish that's agood one to latch in to.
But having been s,art enough to do a stock buy-back when the price was pretty much tanked puts them in a strong position. Definately one I'd punt for a 6 month upside