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18-05-2017, 05:25 PM
#3021
 Originally Posted by hardt
After careful consideration of my options in retirement, decided to go with Ryman...
The markets hissyfit was welcome today... Picked my parcel up at 863 about a minute ago!
Expect to see NPAT of $500m tomorrow, anything less and I will be disappointed.
Wow - $500m NPAT would put a rocket under the shareprice
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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18-05-2017, 05:34 PM
#3022
Originally Posted by hardt
After careful consideration of my options in retirement, decided to go with Ryman...
The markets hissyfit was welcome today... Picked my parcel up at 863 about a minute ago!
Expect to see NPAT of $500m tomorrow, anything less and I will be disappointed.
NPAT of $305m last year, so your looking for a 64% increase from last year, no way.
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18-05-2017, 05:40 PM
#3023
Originally Posted by hardt
After careful consideration of my options in retirement, decided to go with Ryman...
The markets hissyfit was welcome today... Picked my parcel up at 863 about a minute ago!
Expect to see NPAT of $500m tomorrow, anything less and I will be disappointed.
Lol you're dreaming
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18-05-2017, 05:42 PM
#3024
Underlying profit is the accepted comparison metric as it strips out IFRS revaluations.
Underlying profit last year was $158m or 31.6 cps.
I think shareholders should be pleased if RYM can maintain their medium term target of growing the above at 15% per annum. That growth target would imply $181.7m underlying profit or 36.34 cps for the year ended 31 March 2017. If they can achieve that figure at today's closing price of $8.63 that would put RYM on a trailing PE of 23.75 If they confirm medium term guidance to continue to aim for 15% underlying profit that would put them on a March 2018 forward PE of 8.63 / (.3634 x 1.15) = 20.65.
By comparison - SUM by my calculations are currently on a underlying 31 December 2017 year PE of 15.75.
That cider is going to taste really nice on the ski slopes in Queenstown this spring Couta1 
Last edited by Beagle; 18-05-2017 at 05:46 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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18-05-2017, 05:53 PM
#3025
I like to read reports when ima little tipsy, lets see how far off kilter my inebriated estimate actually is.
EDIT: 100M+ off, I need to stop mixing drinks and investing...
Last edited by hardt; 19-05-2017 at 08:42 AM.
Reason: braggadociously annoying
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18-05-2017, 06:06 PM
#3026
Hey Roger, I think we'll leave that cider for the Apres ski activities, can't have an intoxicated bean counter on the Q/town ski slopes. PS-Thats the most miserable closing price I've seen the day before a Ryman result.
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19-05-2017, 08:39 AM
#3027
Originally Posted by hardt
After careful consideration of my options in retirement, decided to go with Ryman...
The markets hissyfit was welcome today... Picked my parcel up at 863 about a minute ago!
Expect to see NPAT of $500m tomorrow, anything less and I will be disappointed.
To be fair to my drunken self, I didn't clarify what currency this $500M was in.... I was obviously talking in Belize Dollars
Last edited by hardt; 19-05-2017 at 08:43 AM.
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19-05-2017, 08:44 AM
#3028
Announcement this morning. RYM increase in underlying profit up a 'pitiful' 13%... here we go boys !! 
Ref: https://www.nzx.com/companies/RYM/announcements/301389
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19-05-2017, 08:45 AM
#3029
Good solid result with plenty in the pipeline, 13% growth in underlying profit might disappoint the market though.
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19-05-2017, 08:49 AM
#3030
They have heaps of work ahead so I like the result. Solid but the market isnt going to like that 13% today.
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