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23-03-2020, 11:29 AM
#221
Originally Posted by whatsup
Good comment but at lease one can hire specialist cleaners to do that job before moving in , but with the comings and goings of staff, suppliers, visitors and residents all movement is almost impossible to police.
Quite a few villages are in lockdown - not even family can visit the independent units.
I would wager that the residents in the units are better protected than individuals still in their own houses in the community, especially if the rest of their family are living overseas or in other parts of the country.
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23-03-2020, 12:10 PM
#222
Originally Posted by Bjauck
Quite a few villages are in lockdown - not even family can visit the independent units.
I would wager that the residents in the units are better protected than individuals still in their own houses in the community, especially if the rest of their family are living overseas or in other parts of the country.
Another case just announced That ccomment did not age well
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23-03-2020, 12:14 PM
#223
Originally Posted by ratkin
Another case just announced That ccomment did not age well
It's not a complete protection against contraction of the virus. Nothing is. At least in that environment they have access to specialised care. At home? Not so much. They in the best place IMO.
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24-03-2020, 09:26 AM
#224
people need to read the ryman announcement to get a feel of things to come
Ryman Healthcare advises that, due to the Government’s announcement yesterday afternoon that New Zealand will be moving to Level 4 on the COVID-19 alert system on March 25, Ryman is withdrawing previously communicated profit and build rate guidance.
https://www.nzx.com/announcements/350500
all retirement stocks will be same boat
one step ahead of the herd
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24-03-2020, 09:35 AM
#225
Originally Posted by bull....
people need to read the ryman announcement to get a feel of things to come
Ryman Healthcare advises that, due to the Government’s announcement yesterday afternoon that New Zealand will be moving to Level 4 on the COVID-19 alert system on March 25, Ryman is withdrawing previously communicated profit and build rate guidance.
https://www.nzx.com/announcements/350500
all retirement stocks will be same boat
Am curious, why does a lockdown impact on their profit. I can see they may change future plans, but other than extra security what are their additional costs?
Perhaps their sales team and other non medical employees are going into lockdown so units may stay empty for longer, that is all I can think of
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24-03-2020, 09:37 AM
#226
Originally Posted by bull....
people need to read the ryman announcement to get a feel of things to come
Ryman Healthcare advises that, due to the Government’s announcement yesterday afternoon that New Zealand will be moving to Level 4 on the COVID-19 alert system on March 25, Ryman is withdrawing previously communicated profit and build rate guidance.
https://www.nzx.com/announcements/350500
all retirement stocks will be same boat
It is not going to be limited to retirement stocks. It will apply to a majority of the stocks on the NZX. How could any Director possibly put their name to a forecast right now !
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24-03-2020, 09:55 AM
#227
Retirement villages (at least those who aren't as reliant on build rates and have a solid, profitable, care operation) should really be able to ride this out better than that of say retail (eg Michael Hill) who now will have to close down completely and may find (when things do open back up) there is no money to purchase jewellery while there is a near endless stream of people getting older, needing increased community, security and care, every minute/day/hour... and yet the share price of the operators would indicate they are in the same, if not worse, boat than the like of say Michael Hill.
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24-03-2020, 10:14 AM
#228
Originally Posted by trader_jackson
Retirement villages (at least those who aren't as reliant on build rates and have a solid, profitable, care operation) should really be able to ride this out better than that of say retail (eg Michael Hill) who now will have to close down completely and may find (when things do open back up) there is no money to purchase jewellery while there is a near endless stream of people getting older, needing increased community, security and care, every minute/day/hour... and yet the share price of the operators would indicate they are in the same, if not worse, boat than the like of say Michael Hill.
I wonder since construction and building of essential services is still allowed, if that includes the hospital parts of the retirement villages.
Those hospital wards are now more needed than ever.
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24-03-2020, 10:15 AM
#229
Originally Posted by trader_jackson
Retirement villages (at least those who aren't as reliant on build rates and have a solid, profitable, care operation) should really be able to ride this out better than that of say retail (eg Michael Hill) who now will have to close down completely and may find (when things do open back up) there is no money to purchase jewellery while there is a near endless stream of people getting older, needing increased community, security and care, every minute/day/hour... and yet the share price of the operators would indicate they are in the same, if not worse, boat than the like of say Michael Hill.
Agree and have dumped my few remaining HLG shares this morning and bought OCA with the funds
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26-03-2020, 03:13 PM
#230
a rest home in Hamilton is a suspected cluster of community transmission...
https://www.stuff.co.nz/national/hea...aKqRoJi8_9tpow
Last edited by trader_jackson; 26-03-2020 at 03:16 PM.
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