Seems to have had a little run whilst I have been away and 1 of only 2 NZX stocks (the other is THL) the infallible Tiger Stock Picking Software is currently keen on.
Best Wishes
Paper Tiger
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Seems to have had a little run whilst I have been away and 1 of only 2 NZX stocks (the other is THL) the infallible Tiger Stock Picking Software is currently keen on.
Best Wishes
Paper Tiger
http://www.4-traders.com/ARVIDA-GROU...84/financials/
They issued more shares to purchase 3 existing villages this yr hence rising EBIT & PE
Can anyone shed some light onto why there is such a small margin of safety between EPS (12.9cents) and PE ratio (10.1)?
some quick questions:
1: Why ARV is able to distribute such high cash dividend while other retirement companies can't?(even you reduce RYM/SUM to the same valuation) Is it because ARV's bed % is higher?
2: According to the latest presentation, ARV's portfolio is quite big already after some acquisitions. The total units/beds is about the same as SUM. However SUM has a significant higher build rate. Does that mean SUM will have higher growth rate. In this case, SUM deserves higher valuation. (so we can't expect ARV's valuation to increase to RYM/SUM's level)
Third quater dividend and update are due soon...maybe tomorrow or early next week....come to poppa ..juicy dividend....:t_up:Arvida is a keeper....