Originally Posted by
Roger
As per SUM thread posts I no longer believe RYM deserve a PE premium to any of the other retirement stocks. Plain fact is RYM perfected their systems many years ago so there's little or no opportunity for further outperformance whereas the other players are learning fast and retain the ability to deliver enhanced development margins and improved management, (better procurement policies for one thing), and operational efficiencies as well as potential economies of scale.
RYM set for year four of doing little in my opinion, (three years predicted by Winner69 and I back in this thread, read back in this thread then if you want to check this), but trading in a tight range around mid to late $8, possibly another two years or doing very little in terms of SP. This doesn't seem to worry loyal shareholders who bought cheaply years ago because as one pointed out to me on the weekend he's enjoying 10% plus dividend yields based on his acquisition cost. I suppose that's one way to look at it. Another is he's "enjoying" circa 1.5% unimputed dividend yield on current market value...probably doesn't worry him as he's got plenty but those of us that like to make sure our capital is always working hard for us are far more likely to think differently.
RYM Roger's Yearly Moan...love it :) With thanks to Vaygor1 his friendly gest.