RYM - Ryman Healthcare

[troyvdh]

dear moosie..I like your exuberance....but in all likelihood the SP will be 1.30...after repeated 1 for 5 share exercises....remember that RYM has only 500000 shares on issue ....a few years ago they had only 100000....cheers...you must be a young fella

the share price in my opinion is often quite irrelavent

[troyvdh]

Oh dear...people hate paying too much....we all do...folk will be happy..to buy something (seemingly) at a good bargain...price....yeehaa...but in my experience ....most folk (if they were to ever)...enticed to buy a share...the SP is actually quite irrelevant...most folk will see a SP of 1.30...more attractive than a share at 1300 dollars...

look I got 13 % in maths....but gee I was great at arithmetic....

DEAR MOOSIE this is Sharemarket 101...cheers mate

re the share split...it will occur when the SP goes over say $12.....

anyone wishing to bet against me ?

[troyvdh]

Dear Sparky...I believe that you are actually factually wrong...no intent to be negative here....I may be wrong but its my belief that any share price/company (at least in NZ)...above $10....suffers....

Please ask a few brokers....cheers troy

[Winston001]

In fairness to you Troy, shares which are at top of the heap and attract bullish buyers, do well in the short term but longer...fall back to average. Nothing wrong with that provided you put stop-loss prices in play.

The point is, shares which are flavour of the month/year seldom produce the anticipated rewards over the long term. Buying at high PEs is a fools game.

[janner]

If people don't want to pay more than a certain amount even if earnings and growth suggest its worth a lot more, then that's someone elses good fortune.

Fully agree with that statement Sparky..

[kizame]

I personally think NZ investors have matured a wee bit,I think a few years ago now Nz Refining split their shares because of that very same feeling that they were becoming too expensive,on a dollar basis,but not on an earnings basis.
Now with the likes of XRO the market seems to have matured,why wouldn't you pay say $12 for a share if the company had good growth and and a PE of say 16.

[Winston001]

Why do you put such a BIG emphasis on director buying?

I understand that you think by this happening you see it as faith in the company, they see it good value, have skin in the game, etc.

Why why such a big emphasis as opposed to other measures?

Ok, if the directors of a company buy shares at the market price that is an indication they believe the company is going well. In fact they may even know of a potential takeover or other reasons why the current price is a good buy.

Or...or...as with Feltex, they are buying to protect themselves from being sued because the company is in trouble. It's rare but it has happened.

[ENP]

Why all the talk about stock splitting?

The only people benefiting out of a stock split is share brokers.

The investor or the company have no benefit in splitting the price of the share. Bank stocks in NZ sell for much higher prices per share as do many other companies. Berkshire Hathaway trades at over $100,000 per share. I don't think the shareholders are complaining about it.

[ENP]

I just think RYM is a little fully priced right now, but if the chairman is buying, it must mean he sees the company rising at a fair clip in years to come. $100k of buying is nothing to sneeze at, in my opinion.

So your reason for buying is because someone else is buying too?

You don't make money investing in something that is popular or the flavour of the month.

[Merc]

I am a semi-novice investor who has spent the last month or so paying some serious attention to the share market. I did start paying attention back in Dec 2006 - when I bought some Ryman shares - but then other things happened. Those Ryman shares went through a 5 for 1 share split in Jan 2007 when, at that time, they were worth around $10 each. As they are now over $6 each they have tripled in value.