Yeah, the meter was reading your battery voltage.
Just to make sure I'm reading you correctly, you started the engine and disconnected the battery. Then you measured for DC voltage between the battery leads and got nothing? If so, yes there is a charging issue going on, but not necessarily the stator (or battery).
If all that is true, the first thing to check is your stator voltage (3 yellow wires) for AC voltage. Should be 10 - 13vAC at idle.
Then probe for DC on the red wire coming from your rectifier. Lmk your results.
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Travis @ Buggy Depot
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