Quote:
quote:Originally posted by Footsie
FYI
AVE.asx....... similar to Ryman .... p/e 13x ........ Ryman p.e 29x
similar growth paths
One is cheap the other is expensive,
I own neither
but if i did, i'd make the switch
Actually, in opinion what Footsie is saying is dead right. Although you can find plenty of posts from me a while ago (in PPL thread) about RYM being one of the few greats on the NZX, and that cashflows were much higher than the earnings and that they have a fantastic business model for organic growth, the share price has just kept marching on.