RYM - Ryman Healthcare

[Beagle]

https://www.smh.com.au/money/super-a...05-p4z7xz.html

Anyone hoping they're introducing these new payments options as some altruistic move is highly likely to be disappointed.
At the end of the day they're a large listed entity and their primary obligations are to their shareholders. All this does is create options to pay...but people will still be paying handsomely one way or the other !

[hamish]

Hmmm..

Been mulling/mindful of the Couta reversion theorem over the past couple of months as our beloved SUM SP has soared......

So, this morning looked at the SUM sales result and thought, hmm...is it about to play out.. Maybe, In the coming months SUM consolidates slightly down to $6.30 to RYM heads up to $ 12 to $12.50 assuming they achieve the forecast 2HFY result and report a strong FY19 outlook.. The Rym Dec half-year report indicated a stronger second half of the FY in it's outlook in terms of sales and underlying profit.. How well are their developments in AKL and Vic going? Staff recruitment/retention and knowledge? They said they were looking to streamline and accelerate their design processes and add staff.. has it worked?

Expecting another RYM record full year result in mid May, 4-5 weeks away.... some risk of course may be baked into the SP somewhat after the Dec17 uplift...

Disc: After 2 years holding, took a deep breath and sold 1/2 SUM today, happily taking gains (hedging a possible short-term SUM SP decline and hope buy back in) and re-allocated portion to first foray into RYM this morning. Maybe jumping a gun, yet the Melb expansion by 2020 feels like good risk/reward opportunity.. Hold OCA and ARV also.

[kiwico]

Gift duty was abolished some years ago after it had been zero rated for some time.

True, but as Ggcc says, WINZ have a different view when it comes to a government subsidy for retirement living. His (her?) advice is sound.

[kiwico]

Courtesy of WINZ:

Gifting of assets
If you or your partner give away assets, they still may be counted as assets in your financial means assessment.

You can gift up to $6,000 within a 12 month period in each of the five years before you apply (this applies to each application for the Residential Care Subsidy).
Eg, if both you and your partner apply for the Residential Care Subsidy, gifts of $6,000 each per year can be excluded. Gifts of more than $27,000 per year, per application made before the 5 year gifting period, may be added into the assessment (for couples, gifting is $27,000 in total, not per person).

[Filthy]

Hmmm.. Maybe, In the coming months SUM consolidates slightly down to $6.30 to RYM heads up to $ 12 to $12.50

your SUM $6.30 target price might be a little low - agree it will consolidate in the coming weeks, but it is more likely to bottom around $6.44-$6.59 before the next leg up (dependent on the macro/micro environments of course). still a great long-term hold though & should def outperform.

RYM results should be great. Some of this is already baked in though. think the 'Couta-theorem' might lose its equilibrium this year lol - its already out of whack!

disc, hold both

[dabsman]

The price has been over $10 for quite some time now - any ideas when a share split may be considered? Anyone know the price when they split last time?

[troyvdh]

Dear dab....its been a while but i believe it was at 7-8 years ago at about $11.37 cheers.

[Beagle]

I'm migrating to the Auckland Islands https://en.wikipedia.org/wiki/Auckland_Islands if the Couta1 theory comes back into play as I'll never hear the end of it. Hopefully they don't have internet, telephone, cellphone or any other connectivity down there and Couta1, mate, I won't be taking a satellite phone either lol

[percy]

Promises,promises,promises....lol.

[silu]

Boring old Ryman hitting a new all-time high before its FY result announcement.