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Bullboard - Stock Discussion Forum Reko International Group Inc V.REKO

Alternate Symbol(s):  RKIGF

Reko International Group Inc. is a Canada-based diversified, technology-driven manufacturing company. The Company provides support to manufacturers and producers as their go-to supplier in automation equipment and machining services. It designs and manufactures a variety of engineered products and services for original equipment manufacturers and their tier suppliers. These products include... see more

Bullboard (TSXV:REKO)

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Comment by DempsterMillon Feb 06, 2024 4:49pm

RE:Steve Reko

why do you think they do not take it private? Are there kids in line that will take over in the next generation, and with shares more spread out in the family it will be easier to be public? On the ...more  
Post by GordonBon Dec 10, 2023 2:00pm

Dividend??

No dividend was announced with last weeks quarterly results.  What gives?
Post by GordonBon Jun 20, 2023 3:50pm

Steve Reko

Steve would not be happy on how Diane is running the company.   Thirty years of poor performance.  Take it private finally.
Post by GordonBon Nov 23, 2022 10:04am

Three weeks and no trades

Again, remind me why this company is public.  It is actually doing reasonably well financially now and no one wants to touch it with a 10 foot pole.  They will probably be issuing a big ...more  
Comment by DempsterMillon Nov 02, 2022 10:50pm

RE:Best value in Canada

it is indeed. Add to that likely some new buybacks once the last "buyback year" has passed - maybe it already has? I don't think they used up the full 5% last year, but if i recall it ...more  
Post by valuestockon Oct 31, 2022 10:13pm

Best value in Canada

PB: .65  P/S: 0.60  PE: 16  next year I think they can do $60M and EPS $0.60, just based on a guess.  this company is cheaper than a private company.   
Comment by GordonBon Aug 23, 2022 11:05am

RE:RE:When will a buyout come?

Are we sure it was the company that bought those shares? The company yearend is july 31st and i think?? there may be a restriction on company buying until they announce results.
Comment by hevinon Aug 18, 2022 11:38pm

RE:RE:When will a buyout come?

But did Reko purchase those 1000 very cheap shares? What is sickening to me is seeing shareholders selling at an enormous discount to book value as there is no other way out due to poor liquidity. So ...more  
Comment by DempsterMillon Aug 18, 2022 4:19pm

RE:When will a buyout come?

Just 3 days ago they bought back and canncelled 6.9k shares. On the 12th of august 8.1k shares and on the 11th a whopping 29.3k shares. Quite strong buyback activity if you ask me! 
Post by hevinon Aug 18, 2022 11:29am

When will a buyout come?

And at a reasonable price? The book value is around 8$. Current price is absurd at 4.60. it appears company no longer buying back shares even at these ridiculously low prices. Does management even ...more  
Comment by DempsterMillon Jul 04, 2022 4:39pm

RE:RE:RE:RE:RE:RE:RE:3Q21/22

some insider buying here recently - among some quite significant buybacks. Glad to see those positive signals, even though the last report wasn't the best. 
Comment by DempsterMillon Jun 26, 2022 4:55pm

RE:RE:RE:RE:RE:RE:3Q21/22

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 ...more  
Comment by GordonBon Jun 25, 2022 1:39pm

RE:RE:RE:RE:RE:3Q21/22

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 ...more  
Comment by DempsterMillon Jun 25, 2022 10:16am

RE:RE:RE:RE:3Q21/22

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 ...more  
Comment by hevinon Jun 24, 2022 12:41pm

RE:RE:RE:RE:3Q21/22

Well said, well said! Makes me angry too!