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Reko International Group Inc V.REKO

Alternate Symbol(s):  RKIGF

Reko International Group Inc. is a Canada-based diversified, technology-driven manufacturing company. It designs and manufactures a variety of engineered products and services for original equipment manufacturers and their tier suppliers. These products include design and construction of specialty machines and lean cell factory automation solutions and robotics integration and high precision, custom machining of critical components and assemblies. It has diversified beyond automotive and into a number of sectors, including aerospace, rail, power generation, offsite construction, infrastructure and capital equipment. For the transportation and power generation industries, it machines customer supplied metal castings to customer indicated specifications. For the automotive industry, it conceptualizes, designs and builds solutions to manufacturing challenges, including specialty machines for plastic punch and weld assembly equipment, material handling applications and work cell solutions.


TSXV:REKO - Post by User

Comment by hevinon Aug 18, 2022 11:38pm
181 Views
Post# 34906515

RE:RE:When will a buyout come?

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 reko recently purchased shares but imho at far too low a price, especially when the book value is nearly $8. And the current price is far lower than what the shares were originally released at many years ago. Again I see no reason why this company should be public. And would like to see management and board of directors replaced..imho
DempsterMill wrote: 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! 


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