Am glad I am overweighted to the hilt.
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Am glad I am overweighted to the hilt.
Freed up some funds from HQP to put into RYM today, and then the RYM SP does better out of a MET takeover rumour than MET :(. (Well not quite but it makes a better movie script).
Can you guys talk it down over the weekend please? [:I]
PT
How can you talk down the MET takeover? Surely it has to happen.
The 5 year stand still agreement ended. Now as I understand it, if Cook or Todd want out, the other has to buy it, or a 3rd party buys both. Then has to be offered to all shareholders.
How friendly are Cook & Todd? Apparently different philosophies.
Todd must have agreed to Alexcich being poached, surely.
Cook is duplicating MET in UK, by my research. He is a significant partner to a real estate company.
Is there an expert who can advise on what happens to the massive tax losses sitting in MET? If the buyer buys Todd Lifecare & Private Healthcare, does it preserve the required continuity? If it does the shares must be worth more than $3.50. All IMHO.
I believed someone was holding the shareprice last week, bought another 30,000, at $2.60.
I have a lot of time for Brian Gaynor so I would like to read his article. Could you please tell me where I can see it.Quote:
quote:Originally posted by Lawso
As I've just posted on another thread. Brian Gaynor picks RYM as not only the best prospect in this very competitive sector, but one of his top picks across the board for 2005.
rmbbrave: I was simply reporting some points from BG's talk this week to the Auck branch of the NZ Shareholders Assn. I posted more on the Market Driven? thread. There is no "article". BG's article in today's NZ Herald discusses mainly KIP and other listed property businesses and the "obscene" profits made by their management companies. This he also discussed at some length in his talk on Wednesday evening.
Thanks very much Lawso.
I was expecting the price to fall back after the div date.
355 today, is something about to happen?
ratkin
Dividend irrelevant. All related To MET takeover, by Aussies?
MET & RYM still make a good fit, even though emphasis is slightly different. Very complimentary, location wise!
I still think MET a good take-over opportunity for Todd.
Ratkin, Hows the Betfair..are UK horses still doing ok?
Nothing changed on the betfair front, still making good trading profits, the prospect of an australian ban also seems to be receding.
Where is all this talk of merger with metlife coming from?
Always makes me nervous that type of thing. Some good companies often come a cropper once they start merging/ aquiring ie Baycorp, warehouse etc
Some just sold for 334.
It would seem that we are moving back to the real world here.
PT,
Wasn't 398 shares was it?
I just had that many bought for me. Part of an unfilled order I placed on Dec 2. I was a bit suprised too, I thought that order was filled and my brokers computer had started a shopping spree with my money!
Yes it was.Quote:
quote:Originally posted by rmbbrave
PT,
Wasn't 398 shares was it?
I just had that many bought for me. Part of an unfilled order I placed on Dec 2. I was a bit suprised too, I thought that order was filled and my brokers computer had started a shopping spree with my money!
<pre id="code">Originally posted by Paper Tiger
If you two had just got together you could have saved yourselves brokers fees.Quote:
quote:Originally posted by rmbbrave
PT,
Wasn't 398 shares was it?
I just had that many bought for me. Part of an unfilled order I placed on Dec 2. I was a bit suprised too, I thought that order was filled and my brokers computer had started a shopping spree with my money!
</pre id="code">
Yes it was.
I was just making a general comment that the price had dropped from the troposphere and I did not in fact buy any at said price. :)
I am of the opinion that the SP is still on the high side and I am hoping that it will fall further.
If it gets down to a number I am happy with then Ryman will be added to my long term portfolio, otherwise I will spend elsewhere.
I did have a rather cheeky bid in at one point today just in case someone wanted to sell out at any price, but no one took the offering. [V]
Paper Tiger. And what number will you be happy with? At todays price of 3.44 its on a PE of 15.6
Its been on that for 3 mnths. Ive chose Rym as the
first stock I ever bought in Aug 03 because I knew a bit about the retirement village business and how they make their money. They have been steadily on the rise and their business will continue to grow. Even if you pay nex years price now, you will be laughing in 2 yrs time.