My view is unsullied by working in the sector. Like any good Beagle I simply concentrate on who's going to give me the biggest feed :D
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Yes maybe closer together but there will still be a big gap between the two at the end of the dayQuote:
blackPeter
Anyway - my assumption is that RYM and SUM will over the years come closer together PE wise, and it probably will be a combination of RYM giving and SUM taking ...
But these tax payer funded old people in Oceania care suites die quicker .....higher churn rate of the units (known as short tenure in the trade) ....excessive profits for Oceania
Then again some might say the deal around these care suites is heavily weighted in favour of Oceania making excessive profits and maybe these types of ‘arrangements’ will come under scrutiny one day
https://abcnews.go.com/US/64-year-pl...ry?id=61299655
Retire in a hotel or a motel..
High turnover today and price heading up. Someone sees value
Yes, turnover at 1.16m shares more than 5 times the daily average of 203K. Almost like some institution knows something about Q1 sales. I hate it how they can get often organise company visits and small shareholders can't normally. Harbour Asset management don't have to travel far to visit Summerset in Wellington do they ! They are known to have been adding lately.
Another big volume day with 5x the normal volume done already. Interesting situation as technical analysis clearly looks good and fundamental analysis suggests the shares have never been cheaper on a forward PE basis. Disc: Back to being one of my biggest NZX listed investment positions.