RYM - Ryman Healthcare

[winner69]

Post 5636 on SUM thread has the chart

https://www.sharetrader.co.nz/showth...ht=#post687418

More often below 50% than above so maybe 50% is about right / fair

[Beagle]

Post 5636 on SUM thread has the chart

https://www.sharetrader.co.nz/showth...ht=#post687418

More often below 50% than above so maybe 50% is about right / fair

Thanks for referencing that mate but as noted above this situation is completely illogical as SUM have a compound growth rate in underlying earnings of more than 3 times RYM's rate. As the years have unfolded with compound growth differences this situation has become most profoundly illogical. Reminder to self I must take the necessary steps to get ready7 to execute a short RYM and double down on SUM strategy.

[couta1]

Thanks for referencing that mate but as noted above this situation is completely illogical as SUM have a compound growth rate in underlying earnings of more than 3 times RYM's rate. As the years have unfolded with compound growth differences this situation has become most profoundly illogical. Reminder to self I must take the necessary steps to get ready7 to execute a short RYM and double down on SUM strategy.

Perception is everything mate, remember since 2013, Ryman has been in the top 10 best performing healthcare companies in the world.

[Snow Leopard]

Thanks for referencing that mate but as noted above this situation is completely illogical as SUM have a compound growth rate in underlying earnings of more than 3 times RYM's rate. As the years have unfolded with compound growth differences this situation has become most profoundly illogical. Reminder to self I must take the necessary steps to get ready7 to execute a short RYM and double down on SUM strategy.

[winner69]

Maybe ba_baa was perceptive the other day on the OCA thread

Hey winner, do you get the feeling we're close to full cycle when lots of company's are hyper priced, future prosperity is baked in, and the punters reckon a good profitable growing business should always be rewarded with rising market valuations? They can't fathom why a 'market' would sell their stock at all, let alone at something below their perceived valuation.

[winner69]

That ratio - if anything it could be saying RYM is still ‘over valued’ and could still continue to be rerated down from its lofyry multiples

So far PE down from high 30’s to mid 20’s ....heading to sub 20?

[Beagle]

That ratio - if anything it could be saying RYM is still ‘over valued’ and could still continue to be rerated down from its lofyry multiples

So far PE down from high 30’s to mid 20’s ....heading to sub 20?

3.5 years and counting and it hasn't done much from when we called it overpriced in early 2014 at $8.50. I suspect people will have to be extremely patient for this to go over $10. Another 3.5 years of market underperformance in store for shareholders ?

[Nasi Goreng]

This may be a crude way to look at it but as or right now, the dividend yield of both RYM and SUM is exactly 1.93% for both companies. Does this mean that they are both appropriately valued and is this a moment of market perfection?

[Beagle]

This may be a crude way to look at it but as or right now, the dividend yield of both RYM and SUM is exactly 1.93% for both companies. Does this mean that they are both appropriately valued and is this a moment of market perfection?

RYM paying out 50% of underlying profit, SUM 30%. Expect both companies dividend to increase in line with underlying profit growth this year, my expectations are SUM growth 45- 50% RYM growth 10 - 15% for the current year.

[silu]

Ryman Healthcare on the cusp of major growth
http://www.nzherald.co.nz/business/n...ectid=11943015