Good work BP. But it would be a foolish CEO and Chair who did not proactively monitor this thread from time to time, so I believe they are aware. Looking forward to a repost in due course of the response you receive.
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Good work BP. But it would be a foolish CEO and Chair who did not proactively monitor this thread from time to time, so I believe they are aware. Looking forward to a repost in due course of the response you receive.
might hit the 60s soon
If bond yields are anything to go by Synlait, Oceania and Fletchers are the ‘riskiest’ companies on the NZDX
Oceania in good company
You stirring again, OCA (has more than one bond) is half SML bonds and within cooee of all the RVs, REIT’s and other big names like IFT etc. What exactly did you want to say by making that post? Disingenuous it seems.
Looking at the order/ranking of bond yields and the differences between each of the RV companies I think the market is trying to tell us something about they think of the relative merits of these four companies…..and how ‘risky’ they are as an investment
From NZDX -
OCA 8.2%/8.33%
ARV 8.05%
MET.7.82%
RYM 7.43%
SUM 6.99%/7.00%/7.29%
The 5 year Govt rate is 5.4% …..so spread/premium SUM has is 1.4% points v OCA of 2.8% points …….that’s quite significant and not within cooee of each other as you say