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Re: [sharechat] RBC


From: "Nick Kearney" <nickk@quicksilver.net.nz>
Date: Thu, 20 Dec 2001 20:24:02 +1300


Malcolm

Bah humbug!

1.  I don't think it can be regarded as a speculative stock

2.  I don't believe in ramping.  It is a fallacy.  In any event, even if it
did exist, this stock was never 'ramped'.

3. It got to .83c.  Not anywhere near .90c.

4.  Merry Christmas anyway!

NK
----- Original Message -----
From: "Malcolm Cameron" <malharcameron@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, December 20, 2001 4:04 PM
Subject: Re: [sharechat] RBC


> the ramping of this stock has stopped in my opinion it should never have
got
> to the highs it did for such a speculative stock. Everybody was pushing
it,
> for this reason I left well alone. Its opening price IMHO was fair value
and
> with the sales from arbitragers should have gone down from that, instead
it
> was succesfully ramped to over 90cents
> Malcolm
>
>
> >From: "Richard Hooper" <hoop@ihug.co.nz>
> >Reply-To: sharechat@sharechat.co.nz
> >To: <sharechat@sharechat.co.nz>
> >Subject: Re: [sharechat] RBC
> >Date: Thu, 20 Dec 2001 10:49:40 +1300
> >
> >Hi All
> >add some more factors to the equation.
> >.....low investor activity to this stock since buy back stopped
> >.....Investor perception that RBC could have a lazy management problem.
> >.....Yanks could flood the wood mkt with their fire damaged wood
> >.....Lack of communication between company and their shareholders ( a NZ
> >wide problem)
> >.....Seemingly lack of direction by the company.
> >.....Probably something major has gone wrong that only insiders know
about
> >( sorry, me being paranoid as I bought up more last week at 64c
..reason??
> >...flat line chart either goes one way or the other, punting that
FFS/Citic
> >outcome may be positive ( keep thinking FFS is being ramped downwards
with
> >takeover in mind  ) and Tower insurance had just bought 1% of RBC )
> >.....Extremely quite and showing a low profile attitude tends to make
> >investors nervous.
> >.....Unattractive stock, once FFS shares are sold.
> >.....Smart money sold out at 80c and moved on.
> >Maybe sharechatters can add more to this list.
> >Hoop
> >   ----- Original Message -----
> >   From: Phil Boeyen
> >   To: sharechat@sharechat.co.nz
> >   Sent: Thursday, December 20, 2001 9:04 AM
> >   Subject: Re: [sharechat] RBC
> >
> >
> >   Bill
> >
> >   As a major Fletcher Forests shareholder, RBC's price is partly linked
to
> >that stock, which has been falling of late, although I am not sure that
> >accounts for the entire drop.  Maybe the 'biotech bucks" are going into
> >companies which may offer a fast upside than RBD at this stage?
> >
> >   Regards, Phil
> >
> >     ----- Original Message -----
> >     From: Bill
> >     To: Sharechat
> >     Sent: Wednesday, December 19, 2001 1:02 PM
> >     Subject: [sharechat] RBC
> >
> >
> >     Hi Chatters
> >
> >     Can anyone explain the downward drift in RBC.  What am I missing?
> >
> >     BB
>
>
>
>
> M H & M M Cameron
> 55 Czarnecki Street
> Camira 4300
> Brisbane
> Queensland
> 07 3389 0515
>
>
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