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Bullboard - Stock Discussion Forum Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting of about 72,675 square feet three-story commercial office tower and attached single-story bays with an underground parking facility (Cassel Centre), located in Edmonton... see more

TSXV:RPP - Post Discussion

Regent Pacific Properties Inc > The Float is big, need direction
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Post by Framic on Jun 27, 2000 9:56pm

The Float is big, need direction

The stock as a very strong support at 9 or 10 cents. So the down risk is very low. There is a huge float standing and the only reason to see a upward movement is a clear sign of real improvement of gross margin on sales. This should happen with prices increases and costs reductions. Both seems to be actually achieved . Results will there be at Q2 and Q3 and the stock will move upward. Be patient... it is still an excellent play.
Comment by luigi17 on Jun 28, 2000 10:01pm
2nd quarter report won't be out for almost a month, but indications are that even with less than spectacular production due to some bad luck and orders which are not as firm, Repap is in the black for this quarter and will pay some debt down instead of hiding profit with ancient charges. As for a buyer, it is not likely we will hear about it beforehand unless by accident. However there ...more  
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