RTL - RTL Corporation

[pussycat2005]

1ST oz retractable syringe to receive FDA approval
and a distribution deal with Braun

Any thoughts ?

Is it a good buy at these low prices?

 

[kransky]

Re: RTL - Ritract Limited

Announcement made this morning.

spike in volume yesterday should have signalled this one coming!

 

[skint]

Re: RTL - Ritract Limited

Announcement made this morning.

spike in volume yesterday should have signalled this one coming!

Hi Kranksky, This one's exploded this morning. My "Commsec research" has frozen - again - what was the news?

 

[kransky]

Re: RTL - Ritract Limited

http://www.ritract.com/pdf/2006.12.14_Safety_Syringe_Production_Update.pdf

"Ritract is pleased to advise that it has released quantities of its 3ml auto retractable safety syringe product for delivery to the international medical device group B Braun. The delivery will enable B Braun to commence their clinical and user evaluation testing. The product being supplied to B Braun has been thoroughly inspected and testing has proven that the problems experienced in September have now been eliminated."

 

[skint]

Re: RTL - Ritract Limited

http://www.ritract.com/pdf/2006.12.14_Safety_Syringe_Production_Update.pdf

"Ritract is pleased to advise that it has released quantities of its 3ml auto retractable safety syringe product for delivery to the international medical device group B Braun. The delivery will enable B Braun to commence their clinical and user evaluation testing. The product being supplied to B Braun has been thoroughly inspected and testing has proven that the problems experienced in September have now been eliminated."

Thanks for that. The market for such as product is undoubtedly huge. I wonder, however, how difficult it would be to protect the patent.

 

[malakie_s]

RTL - Ritract

This peaked on Friday and was pulled down by cappers and nervous day traders.
Anything that is this strongly capped is worth a second look.
In my opinion it should go close or just higher to it pre September price in the 20c range..

Well worth a look.

 

[Moneybags]

Re: RTL - Retractable needle tech.

Interesting chart........thanks for posting.

Looks like it could bounce back to Sept sp as you say based on good announcement.

Cheers

MB

 

[insider]

Re: RTL - Retractable needle tech.

Like this stock? Check out SFP Safety Medical Products

 

[malakie_s]

Re: RTL - Retractable needle tech.

Now that's impressive!
Many thanks for your post..will be watching closely after I look further into this co.

Any sentiment over where the sp. may settle?

Cheers

 

[Moneybags]

Re: RTL - Retractable needle tech.

Like this stock? Check out SFP Safety Medical Products

Yes.......very impressive. Retraced back to 0.41 yesterday but definately worth exploring further.

Thanks.

MB

 

[constable]

Re: RTL - Ritract Limited

Rtl for the last two days has had a step up in volume (although i'd ac for bout half of it) and has some consolidation at 10 cents. The graph is looking good with an upward trend and has hit 13 cents today (hopefully will end with hh and hl). Volume is the only problem with this share , good luck day trading it. I bought in at 11c and prepared to wait until braun have finished there testing of rtl's product. Would seem to be plenty of upside should braun approve.
Anyone else holding?

 

[constable]

Re: RTL - Ritract Limited

Since my last post rtl retraced to 9.2c testing the stock. However has rebounded last 2 days, up 10% today to 11c, albeit on comparatively low volume.
Still it would suggest that buyers are holding for the bbraun "approval" .

 

[constable]

Re: RTL - Ritract Limited

Since my last post rtl retraced to 9.2c testing the stock. However has rebounded last 2 days, up 10% today to 11c, albeit on comparatively low volume.
Still it would suggest that buyers are holding for the bbraun "approval" .

Well still holding and although going short on the last little spike have built up holding again with only a few more to get back.
Was successful in speaking with management this week (tried 2 weeks ago but nobody returned my calls) and after being passed around the office, i had a rather enlightening conversation that revealed the following
- ritract sent of the first batch of syringes in december knowing full well that bbraun would not be able to test the product in house UNTIL THE START OF MARCH! (however they sent the product off anyway should there be a window of opp. for testing (which there hasnt been))
- testing once commenced will take 4 -5 weeks.
- results would therefore be due first or second week of april!
- and although this is heresay the person i spoke to was extremley upbeat on approval and suggested holding in no uncertain terms.
My conclusion with the current sp is that people are getting nervous,(understandable which is why i rang and made contact) and impatient as you would have expected a result by now not knowing any better, thus the current lack of interest and plateau.
Last point is - rtl is very close to realising its long term goals and with the last ann. spiking the sp to 18c just on word they had sent syringes to bbraun,
i would think that a worldwide medical distributor giving the ok to the product will send sp into orbit, (remembering where sp has been).

 

[jasoni]

Re: RTL - Ritract Limited

Just looking at the chart you posted constable, it seems to have finished its downward cycle.. and now is consolidating around the 10c mark until further news. Just want to see the trend reverse and head back up a little to see that the downward trend has finished..

 

[constable]

Re: RTL - Ritract Limited

Just looking at the chart you posted constable, it seems to have finished its downward cycle.. and now is consolidating around the 10c mark until further news. Just want to see the trend reverse and head back up a little to see that the downward trend has finished..

Im hearing you....you still have a good month or so to buy at these prices so there still might be an opp to get them closer to 9c. Im in already and with a largeish parcel that couldnt be readily bought with volumes on offer. Prefering to be in as once there is a positive ann sp will move quickly with limited shares on offer.

 

[tech/a]

Re: RTL - Ritract Limited

Might be good technology but the market aint liking it.

Purely a speculative risk!
Hate risk.

 

[chops_a_must]

Re: RTL - Ritract Limited

Might be good technology but the market aint liking it.

Purely a speculative risk!
Hate risk.

Yep, there is a competitor that is smashing them, ready for market, already approved, distribution deals, pre-filled syringe deals etc etc. (UNI).

This stock is at least a year behind UNI.

 

[constable]

Re: RTL - Ritract Limited

Might be good technology but the market aint liking it.

Purely a speculative risk!
Hate risk.

aw cmon your just trying to cap it !!

 

[constable]

Re: RTL - Ritract Limited

Yep, there is a competitor that is smashing them, ready for market, already approved, distribution deals, pre-filled syringe deals etc etc. (UNI).

This stock is at least a year behind UNI.

Nice one chops! You've forced me into doing some research! However I can say your statement about UNI doesnt stack up!
- firstly the two syringes are vastly different, but both in their own right very exciting!
- uni is a single use, prefilled syringe useful only where a pre-descibed dosage is required. Ideal for inocculations etc massive worldwide potential!
- needle automatically retracts using vacumn pressure inside syringe.
- ritract syringes are an empty syringe that can be use to not only administer injections but also to take blood samples. And likewise would be useable in every hospital around the world.
- ritract syringes offer the further advantage of the user being in full control of the needle retraction. The only syringe in the world that offers this.

Both fantastic products but different applications that really arent competing with each other.
RTL from my research is a great deal further advanced and has released its product to a worldwide distributor. (Chops truth be known RTL is probably 12 months further advanced than UNI).
Whereas UNI has really only taken the first step with tga approval today and the deal signed in dec with a pharmaceutical co to develop there product for worldwide distribution.
- RTL has had approval from Tga back in 2004
- Has approval from FDA (food and drug admin United States)
- Australian, US, European and African patents
- Have completed user trialling and bulk manufacturing trials.
- And have sent the final product to BBraun (worlwide medical distributor)and is currently awaiting approval.
- Basically once receiving approval from BBraun the goals of rtl have been realised and sales will go through the roof imo.

Please read my above posts but i must shout it to the world.....
RTL IS AS CLOSE TO REACHING ITS GOALS AS IT HAS EVER BEEN AND SP IS ONLY 9.5c (which happens to be close to the cheapest the sp has been in the last 4 years!!!
Chops you better read this as it took me near on an hour!

 

[chops_a_must]

Re: RTL - Ritract Limited

Nice one chops! You've forced me into doing some research! However I can say your statement about UNI doesnt stack up!
- firstly the two syringes are vastly different, but both in their own right very exciting!
- uni is a single use, prefilled syringe useful only where a pre-descibed dosage is required. Ideal for inocculations etc massive worldwide potential!
- needle automatically retracts using vacumn pressure inside syringe.
- ritract syringes are an empty syringe that can be use to not only administer injections but also to take blood samples. And likewise would be useable in every hospital around the world.
- ritract syringes offer the further advantage of the user being in full control of the needle retraction. The only syringe in the world that offers this.

Both fantastic products but different applications that really arent competing with each other.
RTL from my research is a great deal further advanced and has released its product to a worldwide distributor. (Chops truth be known RTL is probably 12 months further advanced than UNI).
Whereas UNI has really only taken the first step with tga approval today and the deal signed in dec with a pharmaceutical co to develop there product for worldwide distribution.
- RTL has had approval from Tga back in 2004
- Has approval from FDA (food and drug admin United States)
- Australian, US, European and African patents
- Have completed user trialling and bulk manufacturing trials.
- And have sent the final product to BBraun (worlwide medical distributor)and is currently awaiting approval.
- Basically once receiving approval from BBraun the goals of rtl have been realised and sales will go through the roof imo.

Please read my above posts but i must shout it to the world.....
RTL IS AS CLOSE TO REACHING ITS GOALS AS IT HAS EVER BEEN AND SP IS ONLY 9.5c (which happens to be close to the cheapest the sp has been in the last 4 years!!!
Chops you better read this as it took me near on an hour!

I have read it, and I appreciate the effort. However, I have a few corrections.

I see nowhere where it says the entire range of UNI needles are pre-filled. The syringe that is available for distribution, as of now, can be used for insulin injections. Because of this, they can't be pre-filled. But yes, the pre-filled needles are their target market.

The UNI needle's retraction is fully controlled by the user.

If RTL have had approval for so long, how come they aren't already selling the product? UNI have their syringes ready for sale now. They have a deal in Canada, which is the biggest market for this stuff, and have GUARANTEED sales there.

I will probably end up owning both of these stocks, but at the moment, UNI is ready to go to market with its main product now. I guess the long wait for the RTL sales is the real drag.

I will be keeping an eye on this stock however. Because whoever wins the race, the earnings potential of both companies are absolutely massive.

Sorry for the late reply... stupid clients. Lol!