-
27-07-2023, 02:23 PM
#4541
Member
Financial info from the meet up was pretty weak, lower than anticipated numbers within the guidance provided.
Last edited by snigmac; 27-07-2023 at 02:30 PM.
-
27-07-2023, 04:29 PM
#4542
Last edited by nztx; 27-07-2023 at 04:30 PM.
-
27-07-2023, 05:28 PM
#4543
Originally Posted by snigmac
Financial info from the meet up was pretty weak, lower than anticipated numbers within the guidance provided.
They did F24 Underlying Profit goingbto be a bit more than F23
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
27-07-2023, 05:54 PM
#4544
Member
Originally Posted by winner69
They did F24 Underlying Profit goingbto be a bit more than F23
I think most people will still see Ryman as a safe buy atm but I don't see it taking off until a dividend has been confirmed in November this year. The sp is likely to float around the current price until closer to November.
I think it's wise for leadership to be safe with lower forecasts within guidance, rather then promise too much, better safe than sorry.
-
27-07-2023, 07:22 PM
#4545
The video of last years ASM was edited before it was posted online …..they edited out John Boscawens questions about how they fiddle the sales numbers
Transparency at its best eh
Seems he reckons F23 sales numbers are quite kosha as well ..NBR reports -
Long-standing Ryman critic John Boscawen, however, still had concerns with the company’s reporting of completed units in its annual report, saying that according to his calculations, 700 of the 13,600 claimed to be completed were in fact still in progress.
“Do you think hiding the fact that there are 700 units and beds that are not actually completed, in a footnote… do you think that’s adequate disclosure?” he quizzed both Hamilton and Higgins.
Higgins acknowledged Boscawen’s “passion” for the business and said while it committed last year to improving disclosure, it had not yet gone far enough.
“I’m disappointed I hadn’t picked that one up, actually… we will continue to work on that and improve it.”
Hamilton reiterated the commitment but stresses there was no “culture of hiding” at the business.
“Can we improve? My initial observation and the feedback is definitely, we can.”
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
28-07-2023, 09:16 AM
#4546
Jeez 18% vote against Claire Higgins Re-election
Pretty damning I reckon
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
28-07-2023, 12:34 PM
#4547
pretty bad update at annual meeting ... all about cashflow
one step ahead of the herd
-
03-10-2023, 01:11 PM
#4548
Junior Member
Are we heading down into $5 territory? When is the turnaround?
-
06-10-2023, 03:23 PM
#4549
Member
Anyone heard anything about whether Ryman will provide a dividend? It was hinted that there would be news on this around November 2023 :x
-
06-10-2023, 05:58 PM
#4550
Originally Posted by snigmac
Anyone heard anything about whether Ryman will provide a dividend? It was hinted that there would be news on this around November 2023 :x
So - you probably need to wait another 7 weeks or so - what's the rush? I hope they only pay a dividend if they can afford to out of cash flow. Anything else would be just stupid.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks