ARV also offers a full spectrum of care, like Ryman, just smaller (usually with smaller, sometimes niche, villages, some of which are very high quality). ARV also focused more on the care part part rather than apartments
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ARV also offers a full spectrum of care, like Ryman, just smaller (usually with smaller, sometimes niche, villages, some of which are very high quality). ARV also focused more on the care part part rather than apartments
Bloody Norah, (pun intended):p...I'd have thought it was crystal clear you have to look at PEG ratio's based on average expected growth over a number of years.
You sound like one of the poor buggers who has been fooled by the All Blacks and bought into the ARV IPO. Always dangerous to trust celebrities who sell stuff they don't understand. As indicated before - care might be a reason for people to move into the respective facilities, but it always will be a low margin business (and often even a "loss leader"). This might be o.k. for companies who have other revenue streams as well (like RYM and MET), but just living off a loss leader is an art not many master.
Bugger, I should have bought when I mentioned here that margin lending given was quite high for sum compared to other shares.
yes thanks percy I did.
SUM record high price means its now in "Blue SKY" an area with no resistances....
http://i458.photobucket.com/albums/q...07072015_1.png
I love BLUE SKY
The last 2 years or so SUM has traded between 260 and 360 (round numbers to give a 100 range)
I reckon that 460 (the 360 plus 100) will be reached pretty quick and then that 460 will become 'support' with 560 (another 100 up) a probable resistance.
A pessimistic view would be 360 is now support (wont go below) and if 460 will sometime (soon) become resistance.
Hoop,what you think
Like both those 460 and 560 numbers - esp the 460 being supported by financial performance
$4.70 by Xmas..eh Winner:D
Beware:..TA Discipline is not designed to be used as a crystal ball.......So I've set myself up to fail at some point in time...
The EMA200 break through created is a pleasant complication which confirmed back in Jan 2015 that SUM had resumed its Bull Market Cycle so we should expect SUM to at some point in time enter back into its primary channel (blue).... so we can predict ;) by extrapolating both SD(2) Channels...
Enjoy :D
http://i458.photobucket.com/albums/q...M07072015A.png