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Thread: RAK Rakon

  1. #1641
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    Good on ya nzx.millions lost by mum and dad investors and you do nothing!!!!You are the UN of the worlds share markets.give yourself a slap on the back.lies upon lies and you've done nothing.Discusting,spineless and like tits on a bull.This is my opinion and should be taken as such

  2. #1642
    Senior Member moimoi's Avatar
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    Golden Cross on the Daily

  3. #1643
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    Slightly stronger finish today .305 does this have legs or is it dreamers buying ?

  4. #1644
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    There was a write-up in the Herald this morning so people might be feeling optimistic after reading that. Personally, unless the management change I don’t see the results improving

  5. #1645
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    Any one go to the AGM today, ideas please?

  6. #1646
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    Same old bull****. One of the biggest disappointments on the Nzx. In my opinion a second rate board and a MD who clearly has no idea about what counts ie “profit”. I’m sure the same bull**** and excuses will be said next agm. And they wonder why analysts don’t follow them..

  7. #1647
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    That's right. Rakon should be farming mushrooms not trying to fool it's hapless shareholders with endless promises of riches at the end of a rainbow. The thing is..what is the input cost per dollar to get $1 dollar out in profit?. You couldn't call this a credible business could you?.
    Time the exec team turned up on nil pay and perks until they can turn a real profit and recompense their savagely sodo...d share holders.

  8. #1648
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    Quote Originally Posted by whatsup View Post
    Slightly stronger finish today .305 does this have legs or is it dreamers buying ?
    IF they (Directors/management) can be believed this time, the stock is selling on circa 4.5 X forecast EBITDA ....seems pretty cheap so might grow legs afterall.

  9. #1649
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Lola View Post
    IF they (Directors/management) can be believed this time, the stock is selling on circa 4.5 X forecast EBITDA ....seems pretty cheap so might grow legs afterall.
    ... and (as you correctly spelled out) - this is a big "IF" , though I probably would have used the word "trusted" instead of "believed";
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #1650
    Senior Member moimoi's Avatar
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    Consistent accumulation of the ask price today..

    Uptrend intact on rising volume.

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