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Gold/Mining/Energy : Royal Group Technologies, Ltd. (RYG) -- Ignore unavailable to you. Want to Upgrade?


To: Julio P. Antelo who wrote (140)3/25/1998 8:06:00 PM
From: AL PELLICCIO  Respond to of 199
 
Julio, yes I have seen the storage sheds, went visiting the co. back in Sept.1997. My first impression was they have a winner, looks like
it will last a 150 yrs. 0 maintenance. What I really liked was the low cost homes built as solid as a rock and constructed within 3 days
on the approx. 800 sq ft homes. My recollection was they can be built for approx. 40 to 50 $ per sq. ft. and once again built solid as a rock with 0 maint. exter. and inter. I wish I had kept my original amt.
of shares. Still holding tight with remaining shares. This market
advance is scaring me, don't want to ride any of my positions down
as I got crushed in oct.97 SEA bust. Later Al



To: Julio P. Antelo who wrote (140)3/31/1998 8:17:00 PM
From: nammir chucri  Respond to of 199
 
Royal Group to buy Sarnia PVC facility
ÿTORONTO, March 31 (Reuters) - Toronto-area vinyl building producer
Royal Group Technologies Ltd. said on Tuesday it will buy Imperial Oil
Ltd.'s Sarnia, Ontario-based PVC resin facility in a deal valued at C$82
million.
ÿ Royal Group said the polyvinyl chloride plant, which has a production
capacity of 400 million pounds per year, will be used to supply a number
of resin grades for use in Royal's operations.
ÿ Royal produces vinyl building products, including vertical window
blinds, siding and pipe, as well as pre-engineered, modular buildings.
ÿ Gregory Misztela, a Toronto-based analyst at Griffiths McBurney
Partners, said the company will benefit from having its own resin
facility and technology, significantly reducing costs. The plant will be
used solely for Royal's production.
ÿ "It's not really surprising that these guys want to be more
integrated," Misztela said. "They've been growing extremely fast and one
of the major concerns was the availability of PVC. They are obviously
securing most of the needs for this."
ÿ "I view it as another step towards the full integration of this
company. Sooner or later we knew they had to expand into this area and
it's probably a good deal for them."
ÿ The acquisition, subject to regulatory approval, is expected to close
by June 1.
ÿ In mid-morning trading Royal's shares were up 0.30 to 46.50 on volume
of 10,540 shares on the Toronto Stock Exchange.
ÿ ($1 $1.42 Canadian)



To: Julio P. Antelo who wrote (140)4/21/1998 9:21:00 PM
From: AL PELLICCIO  Read Replies (1) | Respond to of 199
 
Julio,on cabots hot line he put RYG back on hold. Do you have any idea of why? Other than the fact that RYG has made a nice run and
now seems to have lost some of its momentum. Later Al