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Regal Partners Ltd V.RPL


Primary Symbol: VGIPF

Regal Partners Limited is an Australia-based company, which operates as specialist alternatives investment manager. The principal activity of the Company is the provision of investment management services, specializing in alternative investments. It is engaged in managing a diverse range of investment strategies covering hedge funds, private markets, real and natural assets, and capital solutions on behalf of institutions, family offices, charitable groups and private investors. The Company has seven alternative investment management businesses: Regal Funds Management, PM Capital, VGI Partners, Taurus Funds Management, Attunga Capital, Kilter Rural, and Merricks Capital. The Company operates offices across Australia, Asia, United Kingdom/Europe, and North America.


OTCPK:VGIPF - Post by User

Post by InvestorSuperfanon Apr 27, 2013 12:29am
382 Views
Post# 21309302

RPL Annual General Meeting Key

RPL Annual General Meeting Key

Last year, RPL held it's annual general meeting on June 27 in Calgary. If they hold it around the same time this year, that's two months from now. If they are going to remaing in silent until then, the speculation will continue. No one knows what they will do re. the dividend, assets sales, etc. - heck, RPL management doesn't even know -  thus the hiring of the financial advisor, so anyone who says the dividend is safe, will be cut / eliminated, what assets will be sold, etc. are just speculating. Now, we can all give our OPINIONS on what we would like to see, but no one knows, thus the uncertainty, thus the price crash. Personally, I don't think any company should be maintaining a dividend if they have siginifcant debt problems. The debt problems must be pretty serious if management is at a loss re. how to proceed and need to call in help to assess the best way forward. How has spring breakup affected production and revenue? What's the expected capex requirements once the breakup is over and RPL ramps up production? What were the maintenance expenditures that were likely incurred during breakup? These are things that we don't know and have not been told by management to date. If management does not present a clear, detailed, honest plan at the AGM with updated, accurate numbers to back it up, this stock could take a beating worst than we've seen to date. Also, I would expect the detailed plan to be posted on their "investors" section of their website so those not able to attend the AGM can bring themselves up to date re. what happened at the AGM and what the plan is.

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