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07-08-2018, 03:34 PM
#1561
Originally Posted by ddrone
Up to 0.3, 20% increase. 3 year high. What's the vibe?
Whatever the vibe, it is just that.. vibe.
Presentation stated a positive result compared to last year and an encouraging outlook.
But what is the point in believing a single word of it?
Why analyse any data from an innately untrustworthy source?
Avoid.
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08-08-2018, 08:51 AM
#1562
Originally Posted by carrom74
Anyone going to the ritual...I mean the ASM today? If yes then please post your thoughts and thanks in advance.
Went to yesterdays meeting, Rakon is nailing its future to the 5g mast, apparently it (5g) needs a transponder very 300 mts in cities around the world as the 5g band width is very narrow as opposed to current 3g & 4g networks that can be broadcast from large communication towers ie Sky Tower.
Begs the question, how and where will these network points be located, who will own them and what permits will be required, will the network owner have to pay rent to the local authorities ( Auckland Council )?
Lots of Q & A going forward but if there are simple answers to these questions Rak has 2-3 years of much improved results ahead. Brian M did say the this years results should be the same as the current but with no extraordinaries lumped in. hmmmmmm, !
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08-08-2018, 09:43 AM
#1563
Originally Posted by whatsup
Went to yesterdays meeting, Rakon is nailing its future to the 5g mast, apparently it (5g) needs a transponder very 300 mts in cities around the world as the 5g band width is very narrow as opposed to current 3g & 4g networks that can be broadcast from large communication towers ie Sky Tower.
Begs the question, how and where will these network points be located, who will own them and what permits will be required, will the network owner have to pay rent to the local authorities ( Auckland Council )?
Lots of Q & A going forward but if there are simple answers to these questions Rak has 2-3 years of much improved results ahead. Brian M did say the this years results should be the same as the current but with no extraordinaries lumped in. hmmmmmm, !
Lets face it - Rakon has no monopoly in producing frequency controlling devices, and they have not been very competitive in doing so anyway. Why do we think that the world will need a pretty insignificant NZ company run by a bunch of self serving directors to roll out 5g? No doubt 5g will offer new technological challenges and business opportunities, but I don't see why the usual suspects of the high tech world would leave the market to Rakon. They certainly didn't do that before ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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08-08-2018, 10:15 AM
#1564
First few pages of any thread always interesting ....This thread no exception ....seems 2006 was exciting times
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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08-08-2018, 04:34 PM
#1565
Member
Originally Posted by whatsup
Went to yesterdays meeting, Rakon is nailing its future to the 5g mast, apparently it (5g) needs a transponder very 300 mts in cities around the world as the 5g band width is very narrow as opposed to current 3g & 4g networks that can be broadcast from large communication towers ie Sky Tower.
Begs the question, how and where will these network points be located, who will own them and what permits will be required, will the network owner have to pay rent to the local authorities ( Auckland Council )?
Lots of Q & A going forward but if there are simple answers to these questions Rak has 2-3 years of much improved results ahead. Brian M did say the this years results should be the same as the current but with no extraordinaries lumped in. hmmmmmm, !
Thanks Whatsup...
Also with the new buy up in India...which they "claim" to be a low cost base production facility...How low is the cost? was there any questions put on those lines?
This may impact their bottomline --hence the query
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08-10-2018, 01:11 PM
#1566
3.6 mil buy trade just gone through , approx. 1.6% share holding, can we read anything into this or is it a intershareholder shuffle ?
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25-10-2018, 02:50 PM
#1567
I see the next financial results announcement will be the 15th Nov. Im very interested to see if there has been a marked improvement is their results and outlook for the whole year as was given at the AGM, its there something here or is it the same old B S ?
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30-10-2018, 11:17 AM
#1568
RAK trading above .30 for the first time in 2 1/2 years , is there a turn around in trading as the results are to be announced shortly, have a look at what has happened today with the PLX today , green shoots and the S P is up 48% atm.
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15-11-2018, 02:05 PM
#1569
Well done RAK. Profits up $8.3 mill!!!?????? ... but wait..... isn't $7.2 mill of the profit derived from a revaluation of Thinxtra??
Hardly inspiring for this non believer and non holder, but welcome any evidence that proves me wrong.
Last edited by Leftfield; 15-11-2018 at 03:06 PM.
Reason: to include link
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15-11-2018, 04:00 PM
#1570
Operating Cashflow was -$3.4m, and difference of $8.4m from the last corresponding period. Obviously a revaluation is non-cash, but not great.
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