Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Father E. who wrote (149)	4/29/1998 1:44:00 PM
From: zebraspot	Read Replies (2) \| Respond to of 199

Misc. Points on some of the above questions: -Robert Friedland has a very checkered reputation in Canada, but has had a recent huge success: the huge Voisey Bay nickel find in Labrador that his company, Diamondfields, discovered and later sold to Inco for about $3 billion! -My understanding is that the Royal houses generally are significantly less expensive than standard construction - depending on where and what - anywhere from 10-25% less. -I've seen the sheds at Home Depot. Very nice! They are worlds better than the old style thin metal ones. At the HD near me, they showcase these sheds right near the entrance door.

To: Father E. who wrote (149)	4/29/1998 9:20:00 PM
From: Julio P. Antelo	Read Replies (2) \| Respond to of 199

Father E., judging from some of your other posts you must be a Cabot subscriber. Have you invested in RYG yet? If so, I hope you got a decent price: I think zebraspot is right, the P/E is a little rich here. You asked about my impressions of the sheds I saw at the HD. I saw some positives and some things I didn't care for. You have to understand this is my personal opinion, and what I don't like, someone else might find quite acceptable. First the pluses: easy installation. Once you build the base a couple of guys can put one of these babies together in about 4 to 5 hours easy. Second, no maintenance all-plastic materials. Third the doors, all metal, fully hinged, solid. Fourth, the structure seals tight keeping out flying insects like wasps and yellow jackets which tend to get in and build their nests in your shed. Now the negatives. This is a small point: No place to nail anything or screw anything to! Since all you have is interlocking plastic panels, there is no way to hang shelves, hooks or other storage areas. No rafters, no wall studs. Everything has to be free standing. Second, and most important: poor ventilation. The sheds come with a "ventilation kit", which is nothing more than a small metal grill installed at the highest point in the back wall. This a very passive design (hot air rises and escapes thru high point?) since these units seal tight. This idea might work in the colder climates of Ontario (Royal's home) but in the brutal Texas heat that I have to live with, there's no way. The air temperature in my attic used to reach 165-170 degrees F. during July and August before I installed two power vents. Prior to that, practically everything I put up there would just get baked. These sheds are just giant plastic boxes with the potential to get super hot and I would never even consider storing flammables or even lawn equipment with gasoline in their tanks in one of them. Which kinda negates the reason for putting one in your backyard, right? I really hope the engineers at Royal can come up with a better design and a more effective way to ventilate these structures. Again this is just my point of view. A good handyman might find a way around both of these objections. Good luck. Julio