RYM - Ryman Healthcare

[bull....]

Hey bull -- a FIRST for Ryman -- first time new capital has been injected into the company since the IPO

Maybe the ponzi scheme that this sector is is coming to an end

winner look at the cashflows down 19% no wonder there getting a tad nervous

[Rawz]

So is this a good result? lol.
Result looks good! I dont understand these companies.

Operating cashflows down, not good. Payments to suppliers and employees up 24% yoy.

Good headline numbers though. Have to wait for more learned investors to comment lol

[Onemootpoint]

The market’s initial response not great though. Price is down a bit at this point.

[bull....]

its not good report. the report highlights some serious headwinds coming to the sector

just look at the div potential going forward ... chance of increases next yr 0 i reckon chance of div decrease good

from there accounts

payout ratio has decreased from yr21 and now div re-investment scheme introduce all issue's to do with cashflow going forward and part of the cap management plan

[limmy]

The market is punishing RYM ? Down another 13c this morning, or 1.7%, yet it is rated a BUY by some analyst.
What's happening to RYM ?

[BlackPeter]

The market is punishing RYM ? Down another 13c this morning, or 1.7%, yet it is rated a BUY by some analyst.
What's happening to RYM ?

Market is'nt punishing RYM. Market is punishing the sellers and rewarding the buyers.

Which treatment would you prefer ?

[limmy]

Pre-Covid, I got used to RYM priced at around $16, and when the pandemic happened I reluctantly sold all my RYM except for 2,000 shares at around $11.30 weighted average. At today's prices it has turned out to be a blessing that I sold them in April 2020.

I first bought RYM in 2015 at $7.98, 7 years later today, it's trading at $7.28 this morning. This is why I used the world "punishing". I'm not sure which treatment I would prefer, BlackPeter. I suppose I would like to get back in at some stage, but RYM doesn't seem to be the darling Retirement Village stock these days, with people preferring stocks like SUM and OCA.

[BlackPeter]

Pre-Covid, I got used to RYM priced at around $16, and when the pandemic happened I reluctantly sold all my RYM except for 2,000 shares at around $11.30 weighted average. At today's prices it has turned out to be a blessing that I sold them in April 2020.

I first bought RYM in 2015 at $7.98, 7 years later today, it's trading at $7.28 this morning. This is why I used the world "punishing". I'm not sure which treatment I would prefer, BlackPeter. I suppose I would like to get back in at some stage, but RYM doesn't seem to be the darling Retirement Village stock these days, with people preferring stocks like SUM and OCA.

No doubt - if you buy low and sell high you will make money. If you buy high and sell low you lose money. However - it is still not Ryman which is punished, but only the people who sold, isn't it?

But hey, this is just playing with words.

No doubt - more or less all retirement stocks traded for years on ways to high PE values (relying on consistent re-valuation gains). Obviously - the re-valuation gains faded away and the stock prices dropped. At the moment fear is controlling the market.

Given that Ryman was the market darling in the sector, it had some years ago a particular high hype boost, and so the coming down feels maybe more painful (losing not just money but hype as well) ... but most of them lost around 50% to their ATH (SUM a bit less).

Having said that - I buy shares when the fundamentals look favorable, and for Ryman this is in my view currently the case.

I see a forward P/E of below 7 (based on analyst consensus forecasts for the coming 3 years) together with an earning forecasts CAGR of 8 - which makes a PEG (Zulu) of 0.81; Juicy.

Sure - nobody can look into the future, but business based on demographics and "must have" is typically better predictable than business based on taste and "nice to have".

I see Ryman currently as very reasonable priced - and did buy some parcels.

Did I catch the bottom? No idea, but I am sure that I will be pretty pleased about my buy in prices in say 5 or 10 years from now. To come back to the semantic discussion ... I don't see the market punishing Ryman, but I see the market rewarding the buyers who buy in while the stock is cheap. It always does ;

I like rewards

[limmy]

Thanks for your good response, on the fundamentals, BlackPeter. I buy on fundamentals, and I use TA charts to decide on the timing.
The stock is currently trading below its Bollinger Bands, and looking like it has a bit more downside to go. More potential rewards for us in the near term ?

No doubt - if you buy low and sell high you will make money. If you buy high and sell low you lose money. However - it is still not Ryman which is punished, but only the people who sold, isn't it?

But hey, this is just playing with words.

No doubt - more or less all retirement stocks traded for years on ways to high PE values (relying on consistent re-valuation gains). Obviously - the re-valuation gains faded away and the stock prices dropped. At the moment fear is controlling the market.

Given that Ryman was the market darling in the sector, it had some years ago a particular high hype boost, and so the coming down feels maybe more painful (losing not just money but hype as well) ... but most of them lost around 50% to their ATH (SUM a bit less).

Having said that - I buy shares when the fundamentals look favorable, and for Ryman this is in my view currently the case.

I see a forward P/E of below 7 (based on analyst consensus forecasts for the coming 3 years) together with an earning forecasts CAGR of 8 - which makes a PEG (Zulu) of 0.81; Juicy.

Sure - nobody can look into the future, but business based on demographics and "must have" is typically better predictable than business based on taste and "nice to have".

I see Ryman currently as very reasonable priced - and did buy some parcels.

Did I catch the bottom? No idea, but I am sure that I will be pretty pleased about my buy in prices in say 5 or 10 years from now. To come back to the semantic discussion ... I don't see the market punishing Ryman, but I see the market rewarding the buyers who buy in while the stock is cheap. It always does ;

I like rewards

[Lease]

RYM main issue is high level of debt. Given the interest hiking environment, market fear it will be out of control. Plus the recent half-year results show its operating cash flow is down, which intensify fear.

I have chosen to participate dividend reinvestment plan to support RYM so it doesn't need to pay out real cash dividend. I hope more shareholders do the same if we all wish the company well.