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  1. #436
    Antiquated & irrational t.rexjr's Avatar
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    Quote Originally Posted by Sgt Pepper View Post
    If I recall from an announcement earlier this year that Arborgen and Rubicon will both report at the end of September. An early Christmas present for patient RBC shareholders?... fingers crossed
    Balance date is 30 September so maybe a report November-December.

    But surely, surely, surely there'd be some sort of guidance before that... Who knows, they can't even update their website.

  2. #437
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    I think because of this statement from earlier Interim report prior to balance date change from 30/6....... "We would expect this clarity will emerge prior to 30 June this year." a lot of people assumed that we would hear some news end of Sept...may well do, who knows.....

  3. #438
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    Quote Originally Posted by ari View Post
    I think because of this statement from earlier Interim report prior to balance date change from 30/6....... "We would expect this clarity will emerge prior to 30 June this year." a lot of people assumed that we would hear some news end of Sept...may well do, who knows.....
    As I interpret things they appear to have largely ticked off the two matters for which "clarity will emerger prior to 30 June" was promised - namely the Tenon Clearwood transaction and the disposal of their partners in Arborgen. Admittedly the "value path" is still obscured but possibly the financial results for the 15 months to Sep 2017 will shine a light on that.

    It will be disappointing (and a concern) if a market update is not provided by the end of this month.

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    Any body concerned with the current share price or am i too emotionally invested.

  5. #440
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    Quote Originally Posted by beetills View Post
    Any body concerned with the current share price or am i too emotionally invested.
    I'm not overly concerned. Price is beaten to hell. More concerned about the path of Irma. Though they expected EBITDA profit a couple of years ago with the area being hit then too.

    Many un-answered questions. Might actually get my butt out of the office for the next shareholders meeting...

  6. #441
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    Quote Originally Posted by beetills View Post
    Any body concerned with the current share price or am i too emotionally invested.
    Been there before, but still does not make an easy look especially when I thought I had bagged the new low at 21.5 recently
    Last edited by ari; 12-09-2017 at 08:05 AM.

  7. #442
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    12/09/2017 08:30
    GENERAL
    NOT PRICE SENSITIVE
    REL: 0830 HRS Rubicon Limited

    GENERAL: RBC: Rubicon announces new Board appointment

    September 12, 2017 - Rubicon announced today, that Mr Ranjan Tandon had been
    appointed to its Board of Directors.

    Mr Tandon is Founder and Managing Member of Libra Advisors LLC (Libra), a NY
    hedge fund that holds a 17.6% interest in Rubicon. Libra had assets of US$2.5
    billion and invested in domestic and emerging market equities prior to
    conversion to a family office in 2012. Barron's had consistently ranked
    Libra in the top 100 Hedge funds.

    Mr Tandon is also a Board Member of the NYU Tandon Engineering School (5,500
    students), the Carl Schurz Park Conservancy and has endowed Faculty Chairs at
    the Harvard Business School and Yale University. He is also a Director of a
    listed Stockholm Company, Vostok Emerging Finance, which invests in early and
    growth stage fintech companies across emerging markets.

    Mr Tandon graduated from the Harvard Business School and received a
    Bachelor's degree from the Indian Institute of Technology, Kanpur, India.

    Given Libra is a substantial security holder in Rubicon, Mr Tandon is not an
    independent director under the NZX Listing Rules.

    Lets hope some of this wealth can rub off onto long suffering RBC holders....https://www.insidephilanthropy.com/w...an-tandon.html
    Last edited by ari; 12-09-2017 at 07:52 AM.

  8. #443
    Antiquated & irrational t.rexjr's Avatar
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    Back to all time lows...

    It's actually quite laughable how sh*te the company has been at creating any hype whatsoever.
    Last edited by t.rexjr; 13-09-2017 at 04:31 PM.

  9. #444
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    What percentage of shares is held by major shareholders?IMO thats where the trouble with the share price lies.
    Stand to be corrected.

  10. #445
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    Quote Originally Posted by beetills View Post
    What percentage of shares is held by major shareholders?IMO thats where the trouble with the share price lies.
    Stand to be corrected.
    Yes too many major shareholders for sure. Third Avenue Management have been selling down for a while which has been the big sting...

  11. #446
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    Quote Originally Posted by beetills View Post
    What percentage of shares is held by major shareholders?IMO thats where the trouble with the share price lies.
    Stand to be corrected.

    Rubicons website says Knotts is 28.28%

    sourced from FT

    67.47%
    Per cent of shares held by top holders


    Holder Shares % Held
    David M. Knott PartnershipAS OF 30 JUN 2016 113.04m 23.17%
    Libra Advisors LLCAS OF 04 JUL 2017 86.11m 17.65%
    Third Avenue Management LLCAS OF 11 JUL 2017 44.09m 9.04%
    Perry Corp. (New York)AS OF 30 JUN 2016 39.34m 8.06%
    Sandell Asset Management Corp.AS OF 11 SEP 2017 35.99m 7.38%
    Norges Bank Investment ManagementAS OF 31 DEC 2016 5.98m 1.23%
    Dimensional Fund Advisors LPAS OF 30 JUN 2017 4.45m 0.91%
    Cougar Trading LLCAS OF 31 DEC 2016 150.00k 0.03%
    Teton Advisors, Inc. (Investment Management)AS OF 31 DEC 2016 66.67k 0.01%
    Last edited by t.rexjr; 13-09-2017 at 10:21 PM.

  12. #447
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    Down 18% in 1 mth, pretty sure that 18c is a new low, havn't they done well?

  13. #448
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    Quote Originally Posted by ari View Post
    Down 18% in 1 mth, pretty sure that 18c is a new low, havn't they done well?
    Not a single green arrow to be seen...

  14. #449
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    Even our philanthropist mate Tandon is down a cool 2.1mil from his last placement.

    Knott, well he must be used to it by now...

  15. #450
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    Would it be in RBC interest to delist from the NZX and list on another market under Arbor Gen once both companies future is sorted out.I was thinking the US market.

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