Rubicon

[biker]

They still require IPO for expansion, I predicted it would be in the 1st 1/4 '13, certainly got that wrong!

Maybe by only 12 months though Ari? Good to see the price firming. I see today 100,000 @ 35c which was a crossing, so last sale still shows as 33c .
The 3 month graph looks pretty impressive, but alas on tiny volume.
I am continuing to be patient with RBC. I think the eventual return will justify the wait. Things may start to build with the thought of an ArboGen IPO next year.
Interesting too that most of the RBC shares are pretty tightly help by the major shareholders. If Mr Market wants some of these in any volume when their fortunes turn, then the share price could well be squeezed upwards somewhat markedly. The 30s and 40s may suddenly appear to have been good value.
Disc. Holder of RBC and have been waiting for much longer than originally anticipated.

[ari]

Disc. Holder of RBC and have been waiting for much longer than originally anticipated.

Snap, me too. I was a little out with prediction but surely it has to be soon. As you say, tiny volumes for these tightly held shares. The issue last year was meant to elleviate this but I think there is a lot out there (like me) who need to hang in for the day! Only 44% behind!

[WE001]

ArborGen Press Release

August 8, 2013
New Research Validates the Value of ArborGen's MCP®Seedlings for Landowners

http://www.arborgen.us/index.php/res...press-releases

[PointyHat]

Disc. Holder of RBC and have been waiting for much longer than originally anticipated.[/QUOTE]

Same here Biker, Bought in Oct 2004 74c, even bought some more at 60c march 2010 and averaged - sold @ 1.20 Dec 2010 and 1.19 March 2011. Made about $27k but over 7 years!!! be warned it could be a long haul you newbies, I know the company well and will not buy again. I missed the fall by about 2 months thank goodness.

Funny enough I put a bid in for 50k at 35c 11/05/2011 when they plummeted from this high (the IPO failed) and the NZX refused to sell me, too low a bid they said. I complained and finally they allowed me but I then withdrew. Pleased I did, I think they went to 28C after that.

Long term holding is sometimes necessary, but I think I was wrong to hold RBC for so long, "everyone has the brains to make money on the stockmarket, but not everyone has the stomach" my fav saying and hence I tend not to panick. My problem has always been getting out with a loss, a loss sticks in my craw, so I hold - in RBCs case with no income from my Capital and for far too long.

[biker]

This is good news. Breathing space for an IPO at the appropriate time and pressure off Rubicon for more funds.
Eventually this stock will fly.
My philosophy on RBC at these levels is
RISK + PATIENCE (lots of) = REWARD.

DISC. RBC holder


REL: 0956 HRS Rubicon Limited

GENERAL: RBC: Rubicon informs market of ArborGen bank facility renewal

27 August 2013 - Today Rubicon announced that ArborGen Inc, (31.67% owned by
Rubicon), the world's leader in reforestation and a global supplier of
genetically elite seedlings, had amended its existing US banking facility.

The existing bank financing agreement was for a term of one year, and was to
have expired on 31 August 2013. However, ArborGen has, today signed an
amendment to this agreement, which extends the facility term out another two
years, to 31 August 2015.

Luke Moriarty, Rubicon's CEO, said, "With this extended US facility now in
place, and with ArborGen's NZ bank facility also in place out to November
2015, the debt refinancing of ArborGen and its subsidiaries has now been
completed for a two-year period. With that concluded, ArborGen is now far
better placed to realise the full value from its existing operational
strategies."

About ArborGen

ArborGen is the world leader in reforestation and a global supplier of
genetically elite seedlings. It produces and sells over 275 million seedlings
annually in the United States, Australia, and New Zealand, where it holds
leading market positions. As the premier provider of improved technologies to
forests managers and landowners, ArborGen is developing high-value products
that significantly improve the economic returns and productivity of a given
acre of land. These products enable ArborGen's customers to grow trees that
yield more wood per acre with greater consistency and quality in a shorter
period of time. ArborGen's work is improving the sustainability of working
forests while helping to meet the world's growing need for wood, fibre and
energy.

END
End CA:00240225 For:RBC Type:GENERAL Time:2013-08-27 09:56:21

[PointyHat]

................... is now far
better placed to realise the full value from its existing operational
strategies." ..............

Well I gave them 7 years up to March 2011 and they are still saying the same old that they were hiping in 2004, 5,6,7,8 etc.

I don't see anything different now.

Good luck ' hope it al goes well for anyone investing in RBC.

[ari]

Shares very tightly held with no sellers showing at all following 1 sale. Could be a good sign if it turns.

[biker]

Shares very tightly held with no sellers showing at all following 1 sale. Could be a good sign if it turns.

I agree ari. I can't really see any point in selling RBC at this point. Anyone with patience enough to hold this long IMO is getting near the front of the waiting line. It wouldn't surprise me to see a value realizing event in the next 12 months, making selling now seem a bit short sighted. At some stage RBC shares may be a bit hard to come buy at anywhere near these levels.

Disc. Hold quite a few so I'm biased

[biker]

Nice to see a buyer of 100,000 at 40c, still waiting for the balance and few sellers.

Could this be the end of the opportunity to buy RBC in any quantity in the 30's? Here's to the end of the 40's !

Disc. Hold quite a few so I'm biased ( and far too optimistic)

[ari]

Lookin good.......
https://www.nzx.com/files/attachments/182552.pdf