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anything is possible ..
i just know that Rock Tenn (co.) has been a *worthy* investment
since i first looked at it in the 40 buck range ..
i look forward to the anticipated clarity re: P2O prox 4 and 5 and Rock Tenn FLA
(and whether they get purchased/sold or not)
===
4kids
all jmo
They will still fare well with the JBII/RKT arrangement, but as the saying for corruption goes - the same goes for greed...
"greed produces corruption, and absolute greed produces absolute corruption"
...jus' sayin'... :)
The last 2 CEO's were from Rock-Tenn - right? Seems to me that there may have been ulterior motives behind that move on RT's part...
i'm split on that wai .. literally 50/50
as always i see both sides ..
obvious prox 4 and 5 could be sold to Rock Tenn
but right now >> imo until a 3 month audit on 3
can be extrapolated out from (eo Oct/early Nov)
i can't see Rock Tenn amending the agreement that
is currently in place with JBI ..
clearly that can change b4 the eoy .. looking forward
to P2O becoming a material event for Rock Tenn :)
===
4kids
all jmo
I've got a feeling there will be some RKT/JBII news soon. Anyone else have any constructive opinions?
very nice wai :)
===
4kids
all jmo
RockTenn to Present at the KeyBanc Capital Markets Basic Materials & Packaging Conference
NORCROSS, Ga., Aug. 27, 2013 (GLOBE NEWSWIRE) -- James A. Rubright, Chairman and Chief Executive Officer of RockTenn, will speak to the investment community at 1:05 p.m., EDT on Tuesday, Sept.10, 2013, at the KeyBanc Capital Markets Basic Materials & Packaging Conference in Boston.
The audio presentation will be webcast and can be accessed at www.rocktenn.com under the investors section. Slides from the presentation will also be available under the investors section at www.rocktenn.com.
RockTenn (NYSE:RKT) is one of North America's leading integrated manufacturers of corrugated and consumer packaging. RockTenn's 26,000 employees are committed to exceeding their customers' expectations - every time. The Company operates locations in the United States, Canada, Mexico, Chile, Argentina and China. For more information, visit www.rocktenn.com.
RockTenn
John Stakel, 678-291-7901
Senior Vice President-Treasurer
jstakel@rocktenn.com
Source: RockTenn Company
insider selling now at the top=sell high buy low---its JBII time now
Me thinks it is more than just coincidence...
It's been a great ride so far on RKT. If JBII/RKT partnership starts heating up, it should continue.
Time to sell all now and go all in on JBII
I love coincidences! Go JBII/RKT!!!
The RKT webcast was announced the same day that JBII rescheduled their CC - August 9, 2013. Probably just another coincidence...
RKT & JBII having webcasts and/or conference calls on the same day - August 15, 2013. Maybe just a coincidence...
Makes sense to me as well in fact it seems like a win win situation for all involved including investors. More going on than meets they eye imho. Go RKT!!!
Makes sense to me.
zero doubts
but i will say imo *outcome* is now a 50/50 vs (33x3)
internal struggle played out last many months all coming to a head
thank god .. because we are all fatigued
===
4kids
all jmo
Hopefully more pieces of the puzzle to fall into place soon.
Detailed Quote:RKT Last Trade 117.93
ROCK TENN CO
117.93Up 3.88 (3.40 %)AS OF 4:01:56PM ET 08/01/2013
Trade Time 4:01:56pm ET
Last Trade Exchange NYSE
Today's Change 3.88
Today's % Change 3.40%
Open 115.55
Today's High 118.31 ** 52 week high
Today's Low 115.14
Previous Close Price
07/31/2013 114.35
52-Week High
08/01/2013 118.31
52-Week Low
08/02/2012 56.47
Price Performance (Last 52 Weeks)
07/31/2013 +96.41%
Volume 901,853
10-Day Average Volume 727,520
90-Day Average Volume 717,940
===
4kids
all jmo
just me but i expect a sequence of *material* events >> FILED
in a compressed time frame .. specific to JBI
it very well may have *launched* today with that *simultaneous* PR
issued by JBI and Crayola ..
here's to what comes next
====
4kids
all jmo
Not talking by design imho because of the large naked short position. Looking forward the the JBII AGM. Think of the possibilities for both RKT and JBII. Mind boggling but its all good imho.
It would be nice to know more about the RKT-JBII relationship but, no one is talking....yet.
Any chance RKT will provide financing to JBII? Go RKT!!!
very sweet :)
===
4kids
all jmo
RockTenn Announces Dividend
NORCROSS, Ga., July 25, 2013 (GLOBE NEWSWIRE) -- RockTenn today reported that its Board of Directors declared a dividend of $0.30 per share on its Class A Common Stock to shareholders of record at the close of business on August 5, 2013. The dividend, which will be paid on August 16, 2013, represents an annual dividend rate of $1.20 per share.
RockTenn (NYSE:RKT) is one of North America's leading integrated manufacturers of corrugated and consumer packaging. RockTenn's 26,000 employees are committed to exceeding their customers' expectations – every time. The Company operates locations in the United States, Canada, Mexico, Chile, Argentina and China. For more information, visit www.rocktenn.com.
RockTenn
John Stakel, 678-291-7901
Senior Vice President-Treasurer
jstakel@rocktenn.com
RockTenn Company
http://phx.corporate-ir.net/phoenix.zhtml?c=91009&p=irol-newsArticle_Print&ID=1841473&highlight=
Up $7+ nice day for RKT!
Third Quarter Results
Net sales of $2,448 million for the third quarter of fiscal 2013 increased $145 million compared to the third quarter of fiscal 2012. Segment income of $274 million increased $115 million or 72% over the prior year quarter.
RockTenn's restructuring and other costs and operating losses and transition costs due to plant closures for the third quarter of fiscal 2013 were $0.25 per diluted share after-tax. These costs primarily consisted of $22 million of pre-tax facility closure charges and $2 million of pre-tax acquisition and integration costs. The pre-tax facility closure charges primarily consisted of corrugated converting facilities acquired in the Smurfit-Stone Acquisition.
Detailed Quote:RKT Last Trade 109.16
ROCK TENN CO
109.16 1.72 (1.60 %)AS OF 4:01:01PM ET 07/19/2013
Trade Time 4:01:01pm ET
Last Trade Exchange NYSE
Today's Change 1.72
Today's % Change 1.60%
Open 107.55
Today's High 109.61 ** new 52 week high
Today's Low 107.13
Previous Close Price
07/18/2013 107.44
52-Week High
07/19/2013 109.61
52-Week Low
07/25/2012 55.74
Price Performance (Last 52 Weeks)
07/18/2013 +72.48%
Volume 651,624
10-Day Average Volume 587,076
90-Day Average Volume 693,990
==
4kids
all jmo
Rock-Tenn Co sets a new 52-week high
BY Wall Street on Demand
— 1:55 PM ET 07/19/2013
Rock-Tenn Co (RKT) crossed above its 52-week high of $108.97 on 1:55 PM ET on July 19, 2013
===
4kids
all jmo
Detailed Quote:RKT Last Trade 107.44
ROCK TENN CO
107.44 2.54 (2.42 %)AS OF 4:00:20PM ET 07/18/2013
Trade Time 4:00:20pm ET
Last Trade Exchange NYSE
Today's Change 2.54
Today's % Change 2.42%
Open 105.14
Today's High 107.7199
Today's Low 104.934
Previous Close Price
07/17/2013 104.90
52-Week High
07/11/2013 108.97
52-Week Low
07/25/2012 55.74
Price Performance (Last 52 Weeks)
07/17/2013 +70.18%
Volume 575,804
10-Day Average Volume 557,604
90-Day Average Volume 690,977
===
4kids
all jmo
Rock-Tenn Co sets a new 52-week high
BY Wall Street on Demand
— 9:58 AM ET 07/11/2013
Rock-Tenn Co (RKT) crossed above its 52-week high of $108.00 on 9:57 AM ET on July 11, 2013
RKT >> HIT 108.97 yesterday :)
===
4kids
all jmo
what "wild" assertions?
I stated that there has been, is, and will be NO progress on the RKT "partnership" since (IMO... ok?) JBI is a scam and the purpose of the "partnership" was psychological: to make the naive think that big things were coming their way. This is an absolutely ubiquitous and necessary tactic with OTC scams.
There has been (and currently is) no progress made on this "partnership". I said so many times in the past on this board. I said that I would check in every 3 months to see what "progress" has been made?
So, what progress has been made since the last time I posted my "wild" (??) assertion?
I'll come back in another 3 and ask the same question.
If, ten years from now, there has been no progress made on this "partnership", will you at least admit that my assertion was not "wild"?
I didn't make those wild assertions, so I don't have any need to prove them. It is up to the person who made the accusations to back them up with facts. It's not up to me to prove or dis-prove anything.
well, may I ask you, in return, to show me ONE LINK to any RKT source (NOT JBI SOURCE) that mentions this partnership? Yes, RKT signed an exclusive agreement with JBI .. that is not in dispute. But, as I asked, what is the "status" of this project? What construction has been done by JBI?
RKT has an incredibly voluminous website with archived material going back many years, and there is absolutely no mention of this "partnership" anywhere.
If you google "RKT" and "JBI" together, you will see that ALL HITS are to JBI-produced announcements of this "partnership".
"Verifiable" is a very, very dangerous word to use when dealing with the possibility that the company you are interested in investing is is an OTC scam. So, if I cannot philosophically "verify" that the purpose of the "partnership" was to make the naive keep believing in the JBI story, that makes the "partnership" legitimate? That's a dangerous approach to take.
Unfortunately I asked for VERIFIABLE PROOF with a link. Otherwise it should be clearly noted that this is OPINION only and does not qualify as PROOF. I need to see something verifiable from RKT like a PR that says the deal is dead--if it can't be proven, there is zero likelihood that anyone will believe it.
my post is based on the strong belief that JBI is a scam.
It is not only a common, but a NECESSARY, tactic of OTC scams to publish PRs about marvelous upcoming projects (that never ever materialize). If you check the history of JBI, this "partnership" with RKT was touted to the high heavens as proof that great things were in the works for JBI. I have seen this with the other 13 historical scams that I have been following on IHUB for the past few years. The purpose of these "partnerships" and "agreements" and "contracts" and the like is to convince the naive to fork over some more of their money, enabling the scamsters behind the scenes to keep making their unethical and immoral gains. AND NOTHING EVER COMES OF THESE "AGREEMENTS".
In addition, the former CEO of JBI came from RKT-land, and this too was touted to the high heavens as proof of the great things that were awaiting investors in JBI. Now, the JBI pumpers have changed their tune regarding this former CEO and are blaming him in part for the eminent demise of JBI.
by the way, JBI is imploding as we speak, so that's another reason for my very strong belief that nothing will come of this "partnership".
Also, by the way, this "partnership" or "agreement" commits RKT to nothing! JBI would be responsible for all expenses, all construction, and the like, and would have to turn over a certain percentage of any revenue to RKT. It's as if JBI were to offer to clean your toilets for free (in order to turn the waste into fuel) and then contractually promise to give you a percentage of the revenue from sales of the fuel (!!). Who WOULDN'T enter into such a "partnership" with JBI??
If there was any evidence of that you would post a link and shout it from the rooftops. The lack of any proof casts much doubt and suspicion in mind about the validity of this post. IF verifiable validation exists, please post a link. Thanks!
Are the folks at RKT still "giddy" with excitement?
Below is a post I wrote more than three months ago, and of course it received negative evaluations from some of the other posters. I mentioned I would check in every three months to see how the "project" is progressing.
So, how is the Jacksonville project "progressing"?
--------------------------------
I'll try simplifying and being very clear.
There will be no construction of any combution chamber/pyrolitic device on any RKT landfill. 3 months from now, 3 years from now, 9 years from now, NEVER.
There won't be any concrete poured, no physical anything done. No transportation of any construction materials, NADA NADA NADA
The agreement with RKT commits neither party to anything. Further, all expenses for any work done on the "project" would be contractually born by JBI.
IMO, it's purpose was to confuse the naive into thinking a major shared project was under way, and it seemed to accomplish this pretty well, at least for the last 19 months or so ... "to confuse" for what purposes? ... that's for scholars of the OTC to explain.
JBII IS NOW WE GO UP LIKE PRICELINE AND GOOGLE
There's your problem......It's not true.
Find it yourself...........et z
ratings and ranking are high
what a great conference
RKT is a highly regarded name at my broker
please link the RKT JIBII deal. thanks !~
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RockTenn (NYSE: RKT) is a leading North American manufacturer of paperboard, containerboard, consumer and corrugated packaging and merchandising displays. Since its founding in 1936, RockTenn has focused on low-cost paperboard and packaging products and services that bring high value to its customers, employees and investors. Based in Norcross, GA, the Company operates manufacturing facilities throughout the United States, Canada, Mexico, Chile and Argentina.
RockTenn reports its results of operations in four industry segments: (1) Consumer Packaging (2) Corrugated Packaging (3) Merchandising Displays and (4) Specialty Paperboard Products. The Consumer Packaging segment consists of an integrated system of five coated 100 percent recycled paperboard mills and a bleached paperboard mill that produces paperboard for our folding cartons facilities and third parties. The Corrugated Packaging segment consists of an integrated system that manufactures 100 percent recycled linerboard and corrugated medium (containerboard), corrugated sheets, corrugated packaging and preprinted linerboard for sale to industrial and consumer products manufacturers and corrugated box manufacturers. The Merchandising Displays segment consists of facilities that produce temporary and permanent point of purchase displays. The Specialty Paperboard Products segment consists of an integrated system of five specialty recycled paperboard mills which produces paperboard for the company's converting operations and third parties. The converting facilities convert specialty paperboard into book covers and laminated paperboard products for use in furniture, automotive components, storage and other industrial products. RockTenn also buys and sells recycled fiber.
http://phx.corporate-ir.net/phoenix.zhtml?c=91009&p=irol-dividends http://www.rocktenn.com
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