posted June 26, 2022 04:55 pm by DempsterMill
(3)
many thanks for the recap of the story GordonB! Very interesting, and quite a common route for companies to have taken - especially the ones who finds themeselves trading at a significant discount to
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posted June 25, 2022 01:39 pm by GordonB
(15)
They needed the money to expand their core mold business (which they no longer have) and to allow employee share ownership. They expanded into things, mostly through acquisitions, which failed
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posted June 25, 2022 10:16 am by DempsterMill
(3)
fair enough - I haven't been with the company long enough to feel that way, and I got in significantly lower than today. But one might indeed wonder why they are public - does anyone remember the
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posted June 24, 2022 12:41 pm by hevin
(234)
Well said, well said! Makes me angry too!
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posted June 23, 2022 09:54 am by GordonB
(15)
Unfortunately, that "slow motion buyout" has been twenty years. The company did its IPO roughly 30 years ago at $6.50 and has done nothing with its public company status since then. They are
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posted June 12, 2022 03:38 pm by DempsterMill
(3)
Hi Hevin - many thanks for the extensive reply, and good to hear! Agree that there does not seem to be much of a reason to stay listed - perhaps it is a family planning thing with shares being further
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posted June 11, 2022 03:20 pm by hevin
(234)
Hi Dempster: a bunch of us investors are in touch so I can tell u that I know the person who sold the bulk of those shares after the results.... didn't really want to but needed the powder for a
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posted June 11, 2022 07:50 am by DempsterMill
(3)
-18% (although very low volumes) seems like a bit of a harsh reaction on the report. It for sure wasn't strong, but there were some positives in regard to the future within it as well. The change
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posted May 09, 2022 11:28 pm by DempsterMill
(3)
Agree - don't really see the reason for this company being public. Low volumes and interest from the market. And the company does not seem to need the capital markets for raising equity - and even
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posted April 26, 2022 11:58 am by GordonB
(15)
Will reko trade again before the end of April?
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posted February 25, 2022 06:31 pm by GordonB
(15)
Is anyone but the company buying the minimal shares traded? Do the remaining shareholders a favour and buy out the remaining shares. Steve would then be proud of his daughter.
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posted December 02, 2021 08:45 am by GordonB
(15)
ASM today. Announcement on taking this family company private today? Do us long time shareholders a break. I can't make the meeting as i am washing my hair.
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posted October 19, 2021 11:46 am by hevin
(234)
While I never complain about receiving dividends I'd rather they buy us out at $7-8 a share.
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posted October 18, 2021 08:18 pm by Betteryear2
(3281)
WINDSOR, ON, Oct. 18, 2021 /CNW/ - Reko International Group Inc. (TSX-V: REKO) is pleased to announce the upcoming payment of a special cash dividend of $0.25 per share to all
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posted October 15, 2021 06:14 pm by GordonB
(15)
Reko is one of very few companys who fails to trade any shares the day after their financial financial results are released. Why are they still public? TAKE THIS COMPANY PRIVATE NOW AT AN APPROPRIATE
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posted October 08, 2021 12:46 pm by hevin
(234)
It appears that someone other than company is buying in the 4.73 range; I believe the company is offering a slightly lower price for shares...imho
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posted October 08, 2021 11:34 am by GordonB
(15)
Reko trades very infrequently. Of the few shares that actually trade, are any of the buyers other than the company through its normal course issuer bid?
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posted August 26, 2021 08:53 am by GordonB
(15)
Hasn't traded since last Thursday. Nearly five trading days. Steve Reko is turning over in his grave for this lack of respect for its shareholders. Take it private now.
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posted August 16, 2021 08:57 am by GordonB
(15)
Reko is probably the only company whose Retained Earnings per share increases more from the cancellation of their shares through their normal course issuer bid then it does from actual profitability.
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