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Re: [sharechat] RBC

From: "Richard Hooper" <>
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.
----- Original Message -----
Sent: Thursday, December 20, 2001 9:04 AM
Subject: Re: [sharechat] RBC

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
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?


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