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  1. #31
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    Below is a quote from Brian Gaynor in Business Desk last week but he goes on in the article to say that the cannabis business is ’not all wine and roses’ ( my words)



    “Meanwhile, forestry company ArborGen, formerly known as Rubicon, was asked at this week’s annual meeting whether it had any cannabis plans. Chief executive Andrew Baum enthusiastically replied “yes”.

    He said the company was looking to grow hemp in South Carolina and NZ and emphasised that cannabis was an “active area” as far as ArborGen was concerned.

    Cannabis is clearly a hot topic in NZ, even for companies that haven’t had an exposure to the product.”
    Last edited by biker; 03-09-2020 at 02:38 PM.

  2. #32
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    Looks like substantial holder Perry Corp has given up on Arborgen in the last couple of months. They have sold down from 7% to 5% since July and I wouldn't be surprised if they keep on selling down.

    It's not like the SP is going anywhere in a hurry after all this time but it's definitely not going anywhere while all this selling is going on.

    https://www.nzx.com/announcements/360062

  3. #33
    Speedy Az winner69's Avatar
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    Must be another update soon

    Wouldn’t surprise me if share price drifted sub 10 cents next year
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #34
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    Quote Originally Posted by winner69 View Post
    Must be another update soon

    Wouldn’t surprise me if share price drifted sub 10 cents next year
    I've been waiting for years for them to pull something out of the hat. It'll be the same as usual.....thankyou for the shareholders support..blah blah blah

  5. #35
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    Quote Originally Posted by ari View Post
    I've been waiting for years for them to pull something out of the hat. It'll be the same as usual.....thankyou for the shareholders support..blah blah blah
    I've been into this stock since 2006 and so have you.
    You have been extremely patient Ari....

  6. #36
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    Quote Originally Posted by clearasmud View Post
    I've been into this stock since 2006 and so have you.
    You have been extremely patient Ari....
    I'm glad I sold out last year between 19-22c, at a loss. This company has had potential but is not being managed in the best interest of all shareholders. I suspect it never will. Off my watchlist and unlikely to ever touch it again.

  7. #37
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    Results today, does not get any better imo.

  8. #38
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    Wink

    Quote Originally Posted by whatsup View Post
    Results today, does not get any better imo.
    I think ARB has been forgotten about after years of disappointment... but think this finally a decent result with cash flow continuing to improve. Full year should look even better with sales weighted to the second half. FY22 even better with MCP margins coming in.

    You could argue this stock is in growth (via gross margin expansion) and with full year sales in main markets already 90% committed it seems very promising (finally). If mgmt. is right about a large seller holding down the SP, perhaps we could see 30c again soon.

    Their nice new reporting formatting may just be in time for the turnaround of their performance.

    Happily accumulating at these prices, DYOR
    Last edited by TheHunter; 27-11-2020 at 03:12 AM.

  9. #39
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    Someone keeps selling it down!

  10. #40
    Speedy Az winner69's Avatar
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    Quote Originally Posted by DDog View Post
    Someone keeps selling it down!
    A wise ‘someone’ I reckon
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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