RAK Rakon

[Vaygor1]

I'm 27 and still have the mentality, when it comes to free food, of a university student. I say bring it on Robinsons!

They will put on chips and dip.

The chips will not be blue, may be made out of silicon, but will be worthless nonetheless.
The dip will be a permanent one in the share price.

[QOH]

If you took a partner to the AGM you would only have to eat half as many sausage rolls.
When I used to go to AGM's there seemed to be lots of old couples together, most of them probably didn't both own shares.

[stoploss]

ill take my dog, she can eat $30.24 worth of sausage rolls no problem. be a very worthy mascot for RAK as well

Moosie - Think you might be selling your dog a big short here......

[Schrodinger]

Rakon threaten to close factory if they don't get their way.

from what I am reading the factory is a waste of time and money. It also tells me they lied to the public on its performance by saying it was at full capacity.

what kind of idiots run this business.

[iceman]

Scathing commentary from the Shareholder's Association yesterday. At the upcoming AGM they will be voting against the re-appointments of Darren Robinson and Bryan Mogridge but for new Director Herb Hunt.

[Balance]

Yes - an excellent newsletter from the NZSA. Here are the choice bits:

Ah, but have they read Rakon's review where Mr Bryan 'George Kerr lackey' Mogridge declared that 'Rakon's strength is in our ability to adapt to change'?

It is sad to see a person like Mogridge sink to the depths of haplessness he has - something has gone seriously wrong with this guy - he was such an outstanding executive when he was at Montana.

[Schrodinger]

trainwreck...$500M shareholder wealth destroyed and counting.

[Balance]

Mogridge: "it makes no sense to chop and change"

Brent Ribinson: "Darren and I complement each others skills very well"

seriously, how the hell can they think these things? I am going to put forth a mandate to the UN for a surgical strike on Rakon HQ after they're done in syria. they only control 30% of the company, how can other shareholders NOT vote against them at this point in time?! if they are not voted out I am of the firm conclusion the NZ market is totally insane...

http://www.scoop.co.nz/stories/BU130...-rakon-agm.htm

They have prematurely gone senile?

[Under Surveillance]

F#$% me now I see the problem at RAK these guys( current directors) are so use to working with muppets(each other) they dont even realise that they are the muppets.

Sleep with dogs you will wake up with flee's.
Birds of the same feather flock together.

I reckon you guys are being way too hard on the RAK guys. Surely you can't have forgotten the high regard in which Brent Robinson, for one, is held by the captains of commerce. Less than 12 months ago Brent was a finalist in the prestigious NZ Entrepreneur of the Year bun fight sponsored by Ernst and Young.

[janner]

sponsored by Ernst and Young.

Pencil Pushers Protecting Their Lively-hood By Extending The Dream.. IMHO.. ( Read Bernanke )..