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Gold/Mining/Energy : Royal Group Technologies, Ltd. (RYG)
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To: AL PELLICCIO who wrote (84)11/23/1997 10:54:00 AM
From: Julio P. Antelo  Read Replies (1) of 199
 
Competition?

I agree, RYG is looking a bit better. In the meantime, nearly 2 months after the end of the fiscal year we still don't have a clue as to how the company did in Qtr 4. This is taking longer than I anticipated.

I have found out that there is another Canadian company, IHI Int'l., symbol IHITF, that is also hoping to get into the pre-fab housing market. These guys have a patented process in which they can manufacture panels made of rigid steel, plastic foam and light-weight concrete to any form or specification the customer wants. This is a start-up company, but they already have patents on their technology and an impressive array of joint ventures around the world. Their factory in British Columbia is slightly behind schedule but they are getting ready to start cranking out production for orders already on hand. Fortunately, the only markets where they plan to compete with RYG head on (at least for now) are in North America and the Phillipines.

They have a neat Web site (www.ihiintl.com) that explains all about their process and business plan. This is something that I wish RYG did, as I feel that RYG could do a better job in getting its story out to the investing public and keeping its shareholders informed. Take care, Julio.

P.S. Don't know much about RMBS, I hear it's a great story though. Good luck with it.
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