Comparisons within a sector are inevitable, some animals need to wake up, smell the coffee, get over themselves and realise that.
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Comparisons within a sector are inevitable, some animals need to wake up, smell the coffee, get over themselves and realise that.
Ryman should really start using log scale charts to show their unrenlenting progress to world domination.
Things look pretty good to those of us who read all the details.
Disc: do not hold
This is the exciting stuff for me:
“The team exchanged a record 260 new sales, resales and care contracts in the first half in Victoria. We are interacting with more people than ever and there is no doubt our brand awareness is growing."
We have recently submitted our tenth development application in Victoria. Five development approvals have been granted already, and Ryman continues to target having five villages open by the end of 2020 calendar year.
Aussie property prices rebounding strongly.
Westpac say - Melbourne recorded a 2.2% rise following a 2.3% gain in Oct that was the strongest since 2009. Having come through a milder price correction, the gains mean Melbourne prices are now only 3.7% below their late 2017 peak.
RYM share price nearly hit $16 today
Pretty amazing eh
But then Ryman is the gold standard of the sector and globally well respected
VWAP is $15.63 and half of that is $7.82...SUM currently a bit cheap eh :)
RYM closed at $16.14 therefore "The Gold Standard" says SUM is worth $8.07. SUM is cheap !!