Forum Archive Index - December 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

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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