Radio ad on zb this morn was for pakuranga RV, saying units cost 1.09m. Does anyone know if this is the LTO cost. I did a google search but could not tell. At this price for an LTO the charges start to add... like losing up to 25 percent ish over 4ish years for DMF. Off the top, that is over 60k per year or $1200 per week. Do prospective RV clients think this through or just cant wait to get the all around surround support laid on
The market sent a big message out in the days following Arvida's pretty good full year result .... pushing the ARV share price down 12% over a few days
The message was plain and simple - the retirement sector is stuffed - its had it years of good times and now its going to have years of not so good times
Always pays to listen to market messages - especially emphatic ones
Beg to differ the Retirement SP's are stuffed but the companies while having some particular problems, are working reasonably well. Time will see a recovery in this sector.
My local Post Office is closed until further notice. Blamed Covid, or was it just a holiday to RARO. Does that mean the sector ie Postal Services ae stuffed. Doubt it. Just a minor glitch to get over for the time being.
Beg to differ the Retirement SP's are stuffed but the companies while having some particular problems, are working reasonably well. Time will see a recovery in this sector.
My local Post Office is closed until further notice. Blamed Covid, or was it just a holiday to RARO. Does that mean the sector ie Postal Services ae stuffed. Doubt it. Just a minor glitch to get over for the time being.
Hi bottomfeeder, I shouldn't have used the word stuffed
Wasn't referring to the companies themselves but rather to market sentiment.
Like the message the market sent out post the Arvida result was Arvida (and others) are doing well (operationally and financially) but they don't deserve to be rerated (upwards)
Like the trend with those P/B ratios over the past few years shows market sentiment around the retirement sector has been on the wane. My reading is that that sentiment won't change for a while .... the sector is no longer sexy and a must be in one.
Share prices over the next couple of years will probably up .... but will under perform the market
Change in share price = change in Book Value per share x Change in P/B multiple
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Winner which ones are best to invest in... those which have been knocked most, RYM and OCA (over 40 percent) or the likes of SUM 34%. Will RYM /OCA bounce back or SUM resume its strong run. Which companies are you still holding
Winner which ones are best to invest in... those which have been knocked most, RYM and OCA (over 40 percent) or the likes of SUM 34%. Will RYM /OCA bounce back or SUM resume its strong run. Which companies are you still holding
SUM the favourite and from here ARV is best of the outsiders
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Originally Posted by winner69
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