RYM - Ryman Healthcare

[winner69]

Lady in a Ryman village says her village in lockdown with security on gate.

She’s going to ‘escape’ next weekend to go granddaughters wedding,

She was radio just now

[Beagle]

That's a worry and could signal another major leg down tomorrow.

https://www.nzherald.co.nz/business/...ectid=12316900

3 Craigs analysts issued a concerning report today highlighting how demand in the entire sector could be seriously affected if even one village was infected. Effectivly the reputation of the entire sector is on the line.
They noted concerns for the debt levels and growth in development plans of all operators but noted RYM's debt level was the highest at 39.6% !

Pretty gloomy reading. As we've discussed many times on the SUM thread, an excess of supply over demand is already a major factor for the entire industry. Most concerning is that ALL sector participants are further ramping up their level of unit development, some to quite a considerable degree.

We could be on the cusp of a major leg downwards in demand right at a time when all in the sector are dramatically ramping up supply.

I think its a good sector to avoid in the short term.

[ratkin]

That's a worry and could signal another major leg down tomorrow.

https://www.nzherald.co.nz/business/...ectid=12316900

3 Craigs analysts issued a concerning report today highlighting how demand in the entire sector could be seriously affected if even one village was infected. Effectivly the reputation of the entire sector is on the line.
They noted concerns for the debt levels and growth in development plans of all operators but noted RYM's debt level was the highest at 39.6% !

Pretty gloomy reading. As we've discussed many times on the SUM thread, an excess of supply over demand is already a major factor for the entire industry. Most concerning is that ALL sector participants are further ramping up their level of unit development, some to quite a considerable degree.

We could be on the cusp of a major leg downwards in demand right at a time when all in the sector are dramatically ramping up supply.

I think its a good sector to avoid in the short term.

Elderly planning to move to villages could also decline rapidly, on account of them being dead. Hopefully will not happen but if we see Italy type numbers we would lose enough to make a big dent in future demand. Sounds awful, but it is quite possible the way things are going

[Beagle]

Elderly planning to move to villages could also decline rapidly, on account of them being dead. Hopefully will not happen but if we see Italy type numbers we would lose enough to make a big dent in future demand. Sounds awful, but it is quite possible the way things are going

More concerning is the perception that the elderly are safer staying in their own homes now. Its all about perception. It doesn't matter whether they are in fact, safer or not. Demand will fall off the face of a cliff if even just a small handful of villages get the virus in them.

[Scrunch]

The UK is planning to self-isolate its elderly (70+) for an extended period of potentially 4 months (and that the timeframe being mentioned now in a quickly evolving situation).

What are overseas plans like this going to do to peoples thinking and potential unit purchases? It would be difficult to self-isolate these people them when they are still in their own home. It would be quite easy if they are in a village - be that a RYM, SUM, MET, ADV or OCA village?

https://www.bbc.com/news/uk-51895873

[King1212]

That's a worry and could signal another major leg down tomorrow.

https://www.nzherald.co.nz/business/...ectid=12316900

3 Craigs analysts issued a concerning report today highlighting how demand in the entire sector could be seriously affected if even one village was infected. Effectivly the reputation of the entire sector is on the line.
They noted concerns for the debt levels and growth in development plans of all operators but noted RYM's debt level was the highest at 39.6% !

Pretty gloomy reading. As we've discussed many times on the SUM thread, an excess of supply over demand is already a major factor for the entire industry. Most concerning is that ALL sector participants are further ramping up their level of unit development, some to quite a considerable degree.

We could be on the cusp of a major leg downwards in demand right at a time when all in the sector are dramatically ramping up supply.

I think its a good sector to avoid in the short term.

No wonder ...big sell off ...with fear..I could smell it.people were pissing on their pants. .. especially on OCA.....good gold article....pretty a good tree shaking. ...would we see big fundies...topping up soon?

[macduffy]

Settle down, King! It's not the end of the world, yet.

[tomm]

Settle down, King! It's not the end of the world, yet.

Picked up some chips cheaps chips chaps stocks.

[value_investor]

This is a stock I've admired for so long but haven't been able to get into due to valuation..

Finally its come down to where I would like to see it, so I'm chuffed to pick some up. As Warren Buffet said, when its raining gold outside reach for a bucket and not a thimble.

[Jaa]

This is a stock I've admired for so long but haven't been able to get into due to valuation..

Finally its come down to where I would like to see it, so I'm chuffed to pick some up. As Warren Buffet said, when its raining gold outside reach for a bucket and not a thimble.

Where's the value though? Dividend yield still only 2.6% and the share price is double NTA.

It was valued for growth but will there be any growth for a few years?

How will revenue go if property prices fall which now seems likely? No more juicy property re-valuations.