RAK Rakon

[Muse]

Great interview with Brent and long article on Rakon on the NBR this afternoon. Good messages delivered and good to see some effort in front footing this success. With EBITDA at say $44m when does this company deserve some bloody analyst coverage again??? There are so many loss making company and those making half the earnings of Rakon with coverage at the big investment banks. I obviously have a vested interest as a minor shareholder but I suggest to those shareholders with a relationship with say a Craigs or Jarden or whoever you mention to your contacts they should instate research coverage.

[Shareguy]

The CFO Anand in a email to me last week stated they were actively trying to get coverage. With the last upgrade I suggest that they have indeed been noticed and we won’t have long to wait.

[sb9]

Great interview with Brent and long article on Rakon on the NBR this afternoon. Good messages delivered and good to see some effort in front footing this success. With EBITDA at say $44m when does this company deserve some bloody analyst coverage again??? There are so many loss making company and those making half the earnings of Rakon with coverage at the big investment banks. I obviously have a vested interest as a minor shareholder but I suggest to those shareholders with a relationship with say a Craigs or Jarden or whoever you mention to your contacts they should instate research coverage.

I was bit sceptical about Brent's ability until I heard first time at the ASM last month and was truly blown away by his depth, technical knowledge about the industry they operate in. Partly the reason why Analysts do not cover this stock is due to their past chequered history which I'm sure investors from IPO time can vouch for. They surely have learnt their lessons and now operate as a great outfit true to creating value to shareholders. Unfortunately markets have long memories and it'll probably take one broker firm to start coverage, hopefully their latest announcement yesterday would have turned a corner.

[SPC]

I've owned RAK since the IPO days around 2006 when the family went public around $1.50 thereabouts. The family kept a large chunk in the family. It wasn't their fault nor very helpful that the 'market' saw things that were never there and the share price went on an insane trajectory to around $5. It sank to around 15c over the following years due to hopes and dreams that never materialised, currency management issues, rapid commodisation of specialist products, forays into offshore manufacturing ventures that didn't work out and just a general inability to make consistent profits and offer external shareholders any return for the risk. It should never have listed.
IMO from the get go the Board wasn't sufficiently independent or broad enough in global business experience to challenge the direction of the business and executive thinking (family weighted) and the results have been evident.
No question that the intellectual property is first rate but in the end it's about making money. So after 16 years we begin to see signs of hope... apparently built on the backs of a competitor mishap (fire).. hmmmm ..and we are told that this bit of luck will be transitory. Is this really a moment of great pride?.
Owning RAK has taught me a lot about investment. I still own it but the experience gained was used to cover my losses with better investments in better companies.
Good luck with the next leap forward in SP but I figure to most it's just a trade now.

[sb9]

This run up is relentless, I may have missed my top up opportunity for now, never mind

[RGR367]

This run up is relentless, I may have missed my top up opportunity for now, never mind

And as per ASB, there are no more sellers showing after 2 bucks. It's really looking good now.

[Mel]

The CFO Anand in a email to me last week stated they were actively trying to get coverage. With the last upgrade I suggest that they have indeed been noticed and we won’t have long to wait.

Yes, they've previously mentioned on their investor call that they have been actively pursuing getting broker coverage.

[Nevl]

How much of this was due to good management and not good luck? After all they were not responsible for the fire(hopefully) nor the car companies cancelling then redoubling orders, nor the covid lockdowns forcing a sharp jump in tech spendin.

Anyway happy to see nice gains but how much of this is due to Rakon management and not luck. After all they sold a lot of excess inventory that up until last year was proably going to be written off and dumped.

[Mel]

I've owned RAK since the IPO days around 2006 when the family went public around $1.50 thereabouts. The family kept a large chunk in the family. It wasn't their fault nor very helpful that the 'market' saw things that were never there and the share price went on an insane trajectory to around $5. It sank to around 15c over the following years due to hopes and dreams that never materialised, currency management issues, rapid commodisation of specialist products, forays into offshore manufacturing ventures that didn't work out and just a general inability to make consistent profits and offer external shareholders any return for the risk. It should never have listed.
IMO from the get go the Board wasn't sufficiently independent or broad enough in global business experience to challenge the direction of the business and executive thinking (family weighted) and the results have been evident.
No question that the intellectual property is first rate but in the end it's about making money. So after 16 years we begin to see signs of hope... apparently built on the backs of a competitor mishap (fire).. hmmmm ..and we are told that this bit of luck will be transitory. Is this really a moment of great pride?.
Owning RAK has taught me a lot about investment. I still own it but the experience gained was used to cover my losses with better investments in better companies.
Good luck with the next leap forward in SP but I figure to most it's just a trade now.

Yes, I too have been on a roller-coaster ride with RAK. However the current 'transitory' environment provides them with the opportunity (to be capitalised on) to deliver their product to a wider customer base (current and new customers), cement their position with their growing customer base, and grow their profile within each of the sectors they play in.

[moimoi]

The ability to rapidly increase production of a type of TCXO, while navigating widespread component shortages, "like it or lump it" shipping cartel pricing behaviour, in the midst of a global pandemic, perhaps a pretty good reflection on the Staff and Management.

(But near enough a 100 of the 180 page's of the posting history here suggests it's always been a tough school for RAK Management on Sharetrader)

While the fire @ the AKM Factory may be providing a transitory boost the ongoing demand from the above customers seeking a second source of supply to mitigate the risk of being supplied from one factory in Japan won't be.

RAK's core business in 5G, and the demand for Rakon applications in datacentres, industrial positioning and new space is arguably just coming to its long awaited fruition. (Listen to the Peter Beck podcast on Sharesies to hear where he thinks the LEO space arena is going)

10 years growth in front of RAK imo.

A maiden divi now appears confirmed with the earnings guidance upgrade.

Difficult to know if analyst coverage of RAK would be a benefit or not. Clearly the share price has been oscillating on an upward frequency of its own the past 18 months without any.... ;-)

Hopefully the recent share price trajectory is also providing assistance to the ESOP Trustee plan for Employee's.

GLTA.