RYM - Ryman Healthcare

[tomm]

At this point OCA is up 8.8% today. RYM (which is a great company) is up 0.5% up today. I’m am so happy I loaded up on OCA two weeks ago and still under NTA. Longterm RYM will always do well and I don’t want to flog a great company. My short term thoughts were great companies for their fair value. I guess others agreed as well.

Due to the pandemic anything can happen at the moment, good on you for taking the advantage of it, I also loaded myself with RYM at $7.20 two week ago.
8.8% jump of OCA is just almost equal to 1% jump of RYM.

[longy]

I must admit I did not read too much into the financial stuff but I have owned OCA, Sum before, and have sold out RYM a long time ago. When I saw retirement sector has dropped so much a few weeks ago and thought if I to buy some share in this sector and in this condition... What would that be? So I went for the biggest guy. Time will tell if RYM would be a good buy but so far mine has gone up 69%. Really all of these gain is on paper anyway and for now it is just pixel on the screen really right.

[tomm]

I must admit I did not read too much into the financial stuff but I have owned OCA, Sum before, and have sold out RYM a long time ago. When I saw retirement sector has dropped so much a few weeks ago and thought if I to buy some share in this sector and in this condition... What would that be? So I went for the biggest guy. Time will tell if RYM would be a good buy but so far mine has gone up 69%. Really all of these gain is on paper anyway and for now it is just pixel on the screen really right.

Great to know. As for the record RYM was even higher than A2 a month ago.

[tomm]

https://nz.finance.yahoo.com/news/oi...8601--spt.html
Oil price into negative .

The reasons for down this morning to all.
To catch some bargains before it goes into Level 3 , stronger.

[macduffy]

Yes, the May futures price dropped into negative territory yesterday and sharemarkets reacted accordingly, including the NZX today. RYM price, however is down almost 4%, rather more than the NZX50, which seems a bit excessive, given that the company isn't directly affected by the oil price.

[tomm]

Yes, the May futures price dropped into negative territory yesterday and sharemarkets reacted accordingly, including the NZX today. RYM price, however is down almost 4%, rather more than the NZX50, which seems a bit excessive, given that the company isn't directly affected by the oil price.

Yes, you are right , thinking it will recover at the end of today.

[longy]

Yes, you are right , thinking it will recover at the end of today.

Hopefully this oil episode is a short spell. I would imagine countries around the world slowly lifting the lock-down, so does the demand for oil. Anyhow, Dow's future has been Green for most part of today.

[InvestingTesting]

Looking on Yahoo Finance I can see that Ryman has higher earnings than revenues. Would anyone be able to explain how this has happened, I know it is because they have other incomes but what would this other income be? I tried to look at the annual report but the financials there don't show a lot more either.

[Gerald]

Looking on Yahoo Finance I can see that Ryman has higher earnings than revenues. Would anyone be able to explain how this has happened, I know it is because they have other incomes but what would this other income be? I tried to look at the annual report but the financials there don't show a lot more either.

Not possible, as earnings = profit. Don't trust 3rd party sites, always look directly at the annual reports.

[Balance]

Just finished reading a recently issued report by one of the major broking houses in Australasia on NZ's Retirement Village sector.

Nothing really new which have not been discussed and debated ad nauseam here in the Meet, Sum & Oca threads.

Nevertheless, a few key points to note from the report (report goes to their institutional & international client base so bound to have some influence) :

1. Demographics trend continue to provide strong tailwind for long term performance of the sector, population of 75+ to double over next 10 years (250,000 more), and

2. Short term headwinds of increased costs and lower unit resales to adversely impact on profits in 2020/21.

Sensitivities:

1. Increased costs in order of biggest impact - OCA, ARV, RYM, SUM & MET

2. Devaluation of asset values when gearing hits 50% (trigger point for debt concerns) - RYM (14%), SUM (15%), OCA (25%), ARV (26%) & MET (38%).

3. Most highly geared so likely to require capital raising - RYM (40%), SUM (33%), OCA (31%), ARV (27%) & MET (16%).