[QUOTE=LoungeLizzard;934100]Agreed. ARB is still under the radar but the stars seem to be aligning in its favour. It's only a matter of time before the ratings agencies pick up on it and the SP rockets.[/QUOTE]
Agreed. ARB is still under the radar but the stars seem to be aligning in its favour. It's only a matter of time before the ratings agencies pick up on it and the SP rockets.[/QUOTE]
As it has been for the last 10 or so years !!
Yes, there's plenty of history to support your cynicism but there's also plenty to suggest that ARB are turning the corner. Depends on your risk appetite.
Disc. holder.
Quite strange this One the sp has been up & down so erratically big swings, since the expected sell off went through .
The opposite of what I expected this wont last .
I suppose Omicron will have thrown a few spanners in the works but nevertheless it's hard to figure this one out. They've reported previously that 90% of seedlings were pre-sold and given that they will sell 30% more of higher margin MCP seeds this year, then why the downgrade? ARB have a dominant position in a growth industry during a time of timber shortages, climate awareness and housing boom. Yet they don't seem to be able to turn much - if any - of a profit. What gives?
Yeap, every year there are negative impacts due to outside influences. Felt more like gambling than investing with the frequency of adversity when I held
Yeap, every year there are negative impacts due to outside influences. Felt more like gambling than investing with the frequency of adversity when I held
Yup. I got out a while ago, unfortunately at a lower price than where it is today.
I attended the AGM in Christchurch about 5? years ago.
I reported on the then Rubicon thread what was asked as questions from the floor and the responses.
The 3 main points were:
1. Name change from Rubicon.
2. Dividends start in 2-3 years.
3. Listing on the US market was the appropriate way forward.
Advance 5 years and only one (the easiest) accomplished.
As 'percy' often says, he wants companies to do what they say they are going to do!!
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Originally Posted by LoungeLizzard
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