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Hot Topics: Solid Energy | Unitary plan | Budget

Rakon

Rakon shares tumble to record low after guidance cut again

Paul McBeth | Wednesday February 13, 2013 | 14 comments

Forecast lowered for the second time since December after increasing price competition in the smart device market.

"I would suspect more bad news is pending and they are delivering it bit by bit."

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Rakon cuts earnings guidance again, matching market expectations

Paul McBeth | Wednesday February 13, 2013 | 3 comments

Forecast lowered for the second time since December after increasing price competition in the smart device market.

Sluggish first half pushes Rakon to $3.96m loss

Managing director Brent Robinson
Thursday November 15, 2012 | 1 comment

Shares fell 4.4% to 43 cents at the open of trading on the NZX. Over the last year, they have dropped 34.9%.

Rakon shares jump on news of manufacturing shift to China, India

Paul McBeth | Tuesday November 06, 2012 | 22 comments

The Auckland-based company expects to lay off up to 14% of its local workforce, or 60 people.

"They should capitalise on the NZ-made issue and demand a tax break from the government to stay here."

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Rakon says director fees, MD pay frozen pending $25m ebitda target

Jonathan Underhill | Friday September 07, 2012 | 6 comments

Rakon shares rise 2.3% to 45 cents today, trading at just a 12th of their value in November 2007.

Skellerup nabs Rakon's Leaming for same role

Monday September 03, 2012

Graham Leaming resigns from Rakon after seven years as combined CFO and COO, which saw the company through its initial public offering and listing.