Stockchase Opinions

Benj Gallander Royal Group Tech. RYG-T DON'T BUY Nov 13, 2003

Strong Canadian dollar has hurt. Management has taken a lot of money and industry doesn't seem to have a lot of respect for management. New management may be an improvement.
$10.770

Stock price when the opinion was issued

misc consumer products
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Is leery because of management changes.
DON'T BUY
Not nearly as well regarded as it once was. A lot of management turmoil. Probably a ”wait and show me” stock.
DON'T BUY
Think the rise in price is symptomatic of the rising market where investors are chasing stocks simply because they are going up.
TOP PICK
Very strong business, very strong franchise. Good cash flows.
PAST TOP PICK
(A top pick Apr 16/04. Down 17%.) Fundamentals have not changed. Still worth $24.
DON'T BUY
Has personally shorted this stock. Might be a buyer at book value of $10/11. Because of higher gas prices, they will suffer from higher resin costs which will create a margin squeeze.
DON'T BUY
Chairman, president and CFO were let go with cause today. Will be good for the company in the long run. In the short term, there will probably be a bit of a pop, but long term uncertainty.
DON'T BUY
Would stay away from this one. When you don't know what management is and prices going against you, you're better to step back and find out what's really there.
DON'T BUY
Have had operational problems as well as issues with management, owners and directors. Have got new management which is totally untested. Still have some operational issues. Way too early to buy.
PAST TOP PICK
(A Top Pick May 28/03. Up 33%.) Sold long ago. It was bottom feeding on a broken down company.