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RBC, RUBICON LIMITED
plastic
post Posted: Jun 14 2019, 11:17 AM
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I'm sure a great portion of the reasons for quitting is that he doesn't want to face the odium or smell the stench of those unwashed shareholders again at the AGM. It's certainly not because he's ashamed of himself though he should be, because he's shameless in that regard.



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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 14 2019, 10:04 AM
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This doesn't sound reassuring for all the punters looking for a piece of Arborgen. Can't say I understand it fully.

https://i.stuff.co.nz/business/113450639/re...rriage-collapse

QUOTE
established rules that said a shareholder had no legal interest in the assets of a company in which he or she held shares.




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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 13 2019, 07:37 PM
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So the curtains are coming down on the Hughie and Luke Show once and for all. This time its Hughie's turn to say he intends to retire and looking at the final paragraph of that statement it seems to me they won't be able to find that legally required NZ director. Which, in that case, RBC will be wound up with a distribution of some sort to existing shareholders. Perhaps the final Tenon payment and/or Arborgen paper ahead of an IPO. Capstone style if we take a positive view. MBO style if past performance is anything to go by. Which means pennies in the pound for shareholders.

I hope this is the last anyone sees of this man in our public markets. I don't believe there is anything he has done in all his time he has been active on the NZ commercial scene that created a return for anyone except his insider cronies. We need look no further than RBC for proof of that.

QUOTE
Hugh Fletcher is currently one of the two existing directors ordinarily resident in New Zealand, and he is also an independent director. The Company is currently searching for a new director to fulfil these on-going requirements prior to Hugh's retirement.

From today's announcement.



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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 12 2019, 01:13 PM
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Could be Lukie Luke has the inside oil.

QUOTE
Trump Says He Is "Holding Up Trade Deal" With China, Putting Xi In A Tough Spot


https://www.zerohedge.com/



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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 10 2019, 09:25 AM
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Certainly getting some attention these days. Liquidity totally different from the no trade for weeks times.
Lukie Luke knows something for him to convert his option early.

Suspect the financial year will pass very quietly. But watch out the week after.




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What did Uncle Mel do to us?
 
plastic
post Posted: May 31 2019, 03:17 PM
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Why would Lukie Luke and Sidekick have to give to market notice of their new holdings, which are less than fiver percent, when they are no longer in the company's employee? Not like these guys to suddenly get a conscience and become transparent. Remember the Limited Partnership and recent AGM's. I suspect they are preparing in advance to deflect any criticism or allegation of impropriety.

http://nzx-prod-s7fsd7f98s.s3-website-ap-s...5377/300989.pdf






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What did Uncle Mel do to us?
 


plastic
post Posted: May 31 2019, 11:25 AM
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Some serious volume tripping through now. News must be imminent. Clues as to what are in the Budget.



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What did Uncle Mel do to us?
 
plastic
post Posted: May 31 2019, 09:19 AM
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Maybe Shane Jones thinks 20% or even 50% for 20c per share is a good deal if dividends return the capital over the life of his billion trees plan. Especially if the life cycle of a tree has been reduced by half and yields are higher because of the genetic engineering properties.

Obvious sellers are Lukie Luke and his drinking pals. Skirts around the takeover rules as well.

Consider the effect of returns like that and surety of cornerstone holder being the G on share price when bank interest rates are next to zero.

Whoosh!



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What did Uncle Mel do to us?
 
plastic
post Posted: May 31 2019, 01:23 AM
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It is difficult to understand why they can tell us about new share issuances but they can't tell us about the Tenon liquidation pay out if there was one.



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What did Uncle Mel do to us?
 
plastic
post Posted: May 30 2019, 12:50 PM
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Of course, it could be a PIPE into Arborgen by the Chinese.

In one months time we have Independence Day week upon us. The Americans will want to make the statement that says they are out from underneath the Made in China yoke. And its Hughie who sits on the Trilateral Commission. We all know whose interests they take care of.

Lukie Luke knows why he took those shares now and not 2022.






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What did Uncle Mel do to us?
 
 


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