AGM tomorrow
Might give some guidance for 2020 ....remember $84m Underlying is the hurdle under the Exec LTI
Printable View
AGM tomorrow
Might give some guidance for 2020 ....remember $84m Underlying is the hurdle under the Exec LTI
Macquarie have plenty more waiting for him.
Maverick been a bit quiet lately. I think they have no chance of getting to $84m or anywhere close with their problem with rampant expense growth.
With much slower growth in real estate prices tight well disciplined control over costs, both operational and building development should be front and centre for all companies in this sector.
No guidance given. Sales of Sands apartments have been going well since balance date but care suite sales are slow, in my opinion.
A reminder that it will take them approx. 3 years from now to get to a 50 / 50 basic care to new ORA business model and we still have the 42% Macquarie overhang.
Getting too much competition in this sector?
https://www.stuff.co.nz/business/115...opment-to-750m
He's probably feeling pretty chipper today. He gets to tell shareholders how they've been investing so heavily in company staff and I'm sure shareholders will be really excited to see staff wages go up so nicely while their dividends stay the same and profit has declined. He really missed a trick with the other two really important matters that shareholders really care most about though. They need a comprehensive right up to the minute inclusiveness policy so LGTBQP's feel all loved and valued and then there's the extremely important carbon reduction program, another vital K.P.I. that shareholders love so much. Where's that info ?
Earnings...who cares....that's "gunna" come right so no worries...