Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

41 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

RBC, RUBICON LIMITED
plastic
post Posted: Nov 22 2019, 08:15 AM
  Quote Post


Posts: 9,509
Thanks: 285


One week left for the interim to be filed.

Are we going to be shocked and awed or just another eye roll as Junior blabbers on?

Whatever happened to CITIC and all those other CNIFP players?



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Nov 20 2019, 08:02 AM
  Quote Post


Posts: 9,509
Thanks: 285


Junior must be thrilled with the market endorsement he is receiving; of the 499m plus shares on issue a single share, with a value of 18.3c has been traded today.

Wonder where Shane Jones is with his billion tree planting programme.



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Nov 18 2019, 12:06 PM
  Quote Post


Posts: 9,509
Thanks: 285


After some thought*, I can quite honestly say I have never seen such a pig of a company remain listed on the stock exchange after such a prolonged period of non-performance while the likes of Junior still stand up and talk about how they are on top of things and the future is so bright. After a while you realize these people have not got a shred of decency or honesty in their bones when it comes to actual shareholder value creation.

*consideration of many years from the eighties til now which includes all the busts and disappearances and shells left behind by shonky management. Those thieves had the decency to get out of town at least. These ones are still here spinning the story.




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Nov 13 2019, 08:40 AM
  Quote Post


Posts: 9,509
Thanks: 285


In Reply To: plastic's post @ Jul 16 2019, 02:36 PM

The second payment still hasn't been made, no comment from the new liquidator and no reason given why the other one left but the contract still remains with the same company.
A long time has passed since these comments were made in the first instance. We hear nothing more about the million trees programme.
We hear about the "One Company" policy with Arborgen Ltd. but the fact remains there are two companies with shareholders in one having no legal recourse to the assets in the other no matter what policy Junior wants to shout about.
Cash might be getting down a bit too without the second payment.

We will all know a bit more by the end of the month when the interim is released.




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Nov 1 2019, 02:00 PM
  Quote Post


Posts: 9,509
Thanks: 285


Could be some upside here for Arborgen. Strange how it coincides with the US signing a trade deal and Arborgen is a US company HQ'ed in NZ.


https://www.nzherald.co.nz/business/news/ar...jectid=12281515

QUOTE
Newsroom reported on Friday that an official announcement was expected within weeks, possibly as soon as this weekend at the East Asia Summit.

Gains expected from the upgrade are expected to benefit exporters of wood and paper products, with New Zealand exporters offered tariff elimination on a range of wood products and tariff parity with other countries on others.




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Oct 31 2019, 08:00 AM
  Quote Post


Posts: 9,509
Thanks: 285


Despite the rhetoric of Arborgen being the main game and complete focus of the management team and how there is now no difference between parent and child the fact that they haven't amalgamated the two tells us, especially after such a lengthy period of time, that there is no real intention of doing so. The part we would all like to know is why. Junior may be a great ventriloquist's dummy but as we all know, you just can't fool all of the people all of the time.
So whats this guy's game when Dad owns the majority of the company and Hughie and Luke have gone already?

MBO or use it as a vehicle for a new company with simultaneous spin off and IPO of Arborgen is about all I can see.

If they don't address the issue of the second Tenon payment and the reason why its delayed for so long in the interim then we know they're trying to pull the wool over everyone's eyes. That they didn't in the last update rings alarm bells.



--------------------
What did Uncle Mel do to us?
 

sentifi.com

Share Cafe Sentifi Top themes and market attention on:


plastic
post Posted: Oct 30 2019, 02:47 PM
  Quote Post


Posts: 9,509
Thanks: 285


Won't be long before Junior has to give a heads up on whats happening in the interim. Due no later than end of November.



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Oct 29 2019, 08:20 AM
  Quote Post


Posts: 9,509
Thanks: 285


Despite the name change and what could be considered deliberate obfuscation the fact remains Arborgen Holdings is a completely different company from Arborgen and shareholders of one have no claim to the assets of the other in a legal capacity.

Until Junior comes clean on what he is up to this could still end up in tears for shareholders.

Wouldn't touch this with a ten foot barge pole atm.



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Oct 11 2019, 05:25 PM
  Quote Post


Posts: 9,509
Thanks: 285


Something smelly going on in the liquidation of Tenon. For some reason that second payment just isn't getting made, the first liquidator expected it to be, said it would be and then for reasons not stated vacated the position and had his mate appointed.

The NBR used to have this bit between their teeth but they too have gone quiet.

Very, very smelly and strikes to the heart of the integrity of those involved.




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Oct 11 2019, 12:54 PM
  Quote Post


Posts: 9,509
Thanks: 285


This belle is all dressed up with nowhere to go. So much for the performance we were promised. This thing is stuck in mud.

Funny thing is, it's a NZX company and the main chat room for NZX stock discussion, Sharetrader, this thing never even gets a mention. It's almost like RBC discussion is outlawed. There was another site that set up where RBC got some air time and it got shut down. Go figure. It's like there is an invisible hand wielding a knife through the cyber air.



--------------------
What did Uncle Mel do to us?
 
 


41 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING