RYM - Ryman Healthcare

[Flying Goat]

quote:Originally posted by KW

$10.05 according to the keen seller :-)

My guess is that its popular now due to defensive qualities, as the markets appear to be getting nervous the last day or two... + the div

Disc: i ain't selling either, longterm you won't lose on RYM

[Placebo]

I refrain from commenting . Although I am probably part of the problem, as I ain't sellin either...

[Snow Leopard]

quote:Originally posted by Placebo

I refrain from commenting . Although I am probably part of the problem, as I ain't sellin either...

PLACEBO!!!!

How about refrain from posting? [V]

[Snow Leopard]

So we get to be part of the top 15 now.
That should be the kiss of death for it's meteoric rise.

[Flying Goat]

quote:Originally posted by Paper Tiger

So we get to be part of the top 15 now.
That should be the kiss of death for it's meteoric rise.

Why?

[Snow Leopard]

quote:Originally posted by Flying Goat

quote:Originally posted by Paper Tiger

So we get to be part of the top 15 now.
That should be the kiss of death for it's meteoric rise.

Why?

at $8.20 it is trading at nearly 20 times next years forecast earnings and the current rate of increase would continue to stretch that, so I see a pause as inevitable. Tying it to the NZX15 announcement is merely fortune-telling.

Of course moving to the NZX15 is actually likely to provide a temporary boost.

regards

Paper Tiger

PS I might give yogi-in-oz's <s>astroturfing</s> astro-trading a go next.

[Flying Goat]

quote:Originally posted by Paper Tiger

quote:Originally posted by Flying Goat

quote:Originally posted by Paper Tiger

So we get to be part of the top 15 now.
That should be the kiss of death for it's meteoric rise.

Why?

at $8.20 it is trading at nearly 20 times next years forecast earnings and the current rate of increase would continue to stretch that, so I see a pause as inevitable. Tying it to the NZX15 announcement is merely fortune-telling.

Of course moving to the NZX15 is actually likely to provide a temporary boost.

regards

Paper Tiger

PS I might give yogi-in-oz's <s>astroturfing</s> astro-trading a go next.

Hmmm. I see your point, but on the upside one might expect buy pressure from institution types making sure their portfolios are balanced to the index... e.g. large transaction went through today valued at around 3.7 million, seller must have negotiated $8.30 as I think that's what it went through at...

Cheers

FG

[Placebo]

Institutions do indeed align portfolios with indexes, so expect to see this occur.

Oops!

[zac]

450,000 went thru at $8.30 (mine included) at 12.05pm. Now up to $8.35 (few sellers).

[Snow Leopard]

Actually, is anyone aware of any funds that track the 15? I presume there are some.
I know of funds that track the 10, which is unaffected. Funds that track the 50 who will be EBO buyers.
But MidCap funds will need to sell their RYM holdings.