RYM - Ryman Healthcare

[nztx]

NZ is one of the very few OECD countries not to have a CGT.

Better keep it that way ?

The way CGT and other Socialist spins usually play out is to shaft those on the bottom of the
feed chain pro rata harder than others

Millions of Kiwisaver holders held at ransom could pay dearly

What of Rest Home operators - ultimately another cost ?

Unit holders - Another cost ?

And anything else the CGT net purports to go after as well

If the last efforts by the Beehive twits on the earlier CGT stance is anything to go by
then the current Socialist Govt probably couldn't hold it together for long enough before getting
given the boot for trying it on again

And what will a Govt that doesn't have the nous to even recognise Tax bracket creep on their doings
choose to squander the further hijacked gains on ?

Probably nothing productive or useful .. look at what recent spotlight policies have produced

A few enriched consultants producing fancy reports for chewing things over and nothing further
after a bunch of politicians woke up to their future tenures being placed at risk if they stirred
the pot too fast ..

[Biscuit]

With that terminology, GST is theft and Income tax is theft too. Interest should be tax deductible, but of course with the family home your benefit of ownership (imputed rent) is currently exempt from income tax. That would need to become taxable.

Why should CGT have an inflation allowance when you are taxed on every bit of income earned just to pay for survival, let alone being given an inflation allowance?

Taxing your property is theft. Taxing imaginary gains on your property value is fraud.

[Balance]

Taxing your property is theft. Taxing imaginary gains on your property value is fraud.

Hence the operative words ‘realised gains’.

[Biscuit]

Hence the operative words ‘realised gains’.

Buy a house for a hundred thousand and sell it twenty years later for a million, it ain't the house that went up in value.

[Bjauck]

Better keep it that way ?

The way CGT and other Socialist spins usually play out is to shaft those on the bottom of the
feed chain pro rata harder than others …

Have you got any data to back-up your claims on the effect of a CGT?

Wealthier people usually have a greater proportion of their returns as capital gains rather than income. Some OECD countries with a wider tax base including a CGT, give income earners a tax-free threshold. Poorer and lower paid people tend to have smaller pension funds and are more reliant on current income.

[Balance]

In any case, the fact that there’s stock left by retail investors mean that any potential after market demand has been absorbed so where is the additional buying of Ryman going to come from post CR?

Not looking positive in the weeks ahead for sp to hold above $5.00?

Sp at $5.05.

So who is going to step up and go very overweight RYM?

[Baa_Baa]

Sp at $5.05.

So who is going to step up and go very overweight RYM?

Definitely not going overweight, but happy to take a position around here and/or more into the 4's. Ridiculously cheap (all the RV's are), it's not like a RYM is going bust or their market is going away. I'll let my chart help me decide how much and when to get my stash, tempting as it may be to go all in now, it may go lower under current circumstances. Who would've thought RYM at 5 bucks, maybe even less?

It's not all that easy to recalibrate from a decade+ bull market to a downtrodden bear market, that still has very solid companies trading at well below NTA (and other metrics). It takes balls and nous to unleash capital into a once in a decade (or more) opportunity. Timing helps a bit, but in the scheme of things, anytime in the doldrums is the right time in the longer term. Not wanting to split hairs, trying to pick the perfect time.

[alokdhir]

Definitely not going overweight, but happy to take a position around here and/or more into the 4's. Ridiculously cheap (all the RV's are), it's not like a RYM is going bust or their market is going away. I'll let my chart help me decide how much and when to get my stash, tempting as it may be to go all in now, it may go lower under current circumstances. Who would've thought RYM at 5 bucks, maybe even less?

It's not all that easy to recalibrate from a decade+ bull market to a downtrodden bear market, that still has very solid companies trading at well below NTA (and other metrics). It takes balls and nous to unleash capital into a once in a decade (or more) opportunity. Timing helps a bit, but in the scheme of things, anytime in the doldrums is the right time in the longer term. Not wanting to split hairs, trying to pick the perfect time.

Fully agree with your thoughts ...No one can perfectly pick the bottom ...but current prices are good enough to start the process of investing at great prices ...in few years it will reward handsomely ...." No time for FEAR " ....but be prepared for seeing prices languish for reasonable period ahead .

If current SVB scenario becomes ugly ...then stocks will become dearer sooner then thought at the moment ...

[Entrep]

Definitely not going overweight, but happy to take a position around here and/or more into the 4's. Ridiculously cheap (all the RV's are), it's not like a RYM is going bust or their market is going away. I'll let my chart help me decide how much and when to get my stash, tempting as it may be to go all in now, it may go lower under current circumstances. Who would've thought RYM at 5 bucks, maybe even less?

It's not all that easy to recalibrate from a decade+ bull market to a downtrodden bear market, that still has very solid companies trading at well below NTA (and other metrics). It takes balls and nous to unleash capital into a once in a decade (or more) opportunity. Timing helps a bit, but in the scheme of things, anytime in the doldrums is the right time in the longer term. Not wanting to split hairs, trying to pick the perfect time.

How does a chart help you time entry into a share breaching decade lows?

[Balance]

How does a chart help you time entry into a share breaching decade lows?

Never average down - golden rule for professionals.