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  1. #3601
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    I agree, dobby. Can't see RYM doing other than sticking to their knitting.


  2. #3602
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    RYM have accepted a friend of our family who is 56 into a unit due to the frail health condition of his wife. So it does happen.

  3. #3603
    Aspiring to be an Awesome Bear
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    Quote Originally Posted by couta1 View Post
    Dont worry little bear, I'm sure I bought a couple more than you yesterday and I'm not in the least bit concerned.PS-This stock is loved by overseas investors and they can push the price up in short order so you will have no probs getting out with a wee profit should you so wish.
    Nice little rise in price since then Couta

  4. #3604
    Aspiring to be an Awesome Bear
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    Geepers I spoke too soon! More volatile than ATM!

  5. #3605
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    Didn't you know little bear that RYM is an acronym for Rollercoaster your money.

  6. #3606
    Trying to get outta here
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    Quote Originally Posted by RupertBear View Post
    Geepers I spoke too soon! More volatile than ATM!
    RYM has outdone A2 in terms of volatility for a while now, today 55c price spread for RYM and 19c for A2, traders stock aye.

  7. #3607
    The past is practise. Vaygor1's Avatar
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    Default Nellie Melba (aka Brandon Park) retirement village in Melbourne.

    Actual pictures (not artistic representation) below.
    Nice to see some progress here.
    Would appear the major underground works including the car parking must be near completion.

    Ryman - Nellie Melba - Brandon Park.jpg


    Ryman - Nellie Melba - Brandon Park2.jpg


    Ryman - Nellie Melba - Brandon Park3.jpg

  8. #3608
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    They look like they've caught a few punters already!

  9. #3609
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    I have to admit...I like many others viewed RYM like a train...many of us thought that in general residential house prices "should" have minimal influence on RYM and other retirement entites because folk still/will make the move when the time is ready...essentially because if your house drops in value from say 900k...to 800k...you can still afford a RYM place for say 300K to 500K...anyways that my thoughts...

    Can one imagine what most NZ based kiwi funds are thinking
    Last edited by troyvdh; 30-01-2019 at 09:48 PM.

  10. #3610
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    One person on here had the courage to put their neck on the line and barked very clearly that $14 recently was silly stuff. I think its headed back under $8. Momentum a powerful thing and as we start to see house prices falling in Auckland the negative sentiment could very easily snowball.
    Last edited by Beagle; 30-01-2019 at 09:51 PM.

  11. #3611
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    Well done sir...was it an easy decision....

  12. #3612
    Trying to get outta here
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    Quote Originally Posted by Beagle View Post
    One person on here had the courage to put their neck on the line and barked very clearly that $14 recently was silly stuff. I think its headed back under $8. Momentum a powerful thing and as we start to see house prices falling in Auckland the negative sentiment could very easily snowball.
    Certainly is and those overseas RYM lovers can quickly turn the price around if they so wish(I reckon it's NZ based sellers driving it down at the moment) I reckon your barking up the wrong tree if your saying under $8 but if it did OCA would only be worth 80c and we wouldn't like that now would we.

  13. #3613
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    Quote Originally Posted by couta1 View Post
    Certainly is and those overseas RYM lovers can quickly turn the price around if they so wish(I reckon it's NZ based sellers driving it down at the moment) I reckon your barking up the wrong tree if your saying under $8 but if it did OCA would only be worth 80c and we wouldn't like that now would we.
    Might have to do a Couta then and bet the ranch

  14. #3614
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    Default Melbourne in very steep decline

    https://www.nzherald.co.nz/business/...ectid=12200033

    Hang on to your hats folks, this looks like its getting ugly. The speed of the decline in Sydney and Melbourne is accelerating.
    The medium price of a Melbourne house suggests people will struggle to sell them and afford a decent sized RYM unit and the top end of the market if falling the most.
    Interesting times. Hope SUM other company is still not thinking of expanding over there.
    Last edited by Beagle; 02-02-2019 at 01:21 PM.

  15. #3615
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    Quote Originally Posted by Beagle View Post
    https://www.nzherald.co.nz/business/...ectid=12200033

    Hang on to your hats folks, this looks like its getting ugly. The speed of the decline in Sydney and Melbourne is accelerating.
    The medium price of a Melbourne house suggests people will struggle to sell them and afford a decent sized RYM unit and the top end of the market if falling the most.
    Interesting times. Hope SUM other company is still not thinking of expanding over there.
    Great, looks like RYM will be able to pick up some more land at a discount for future developments

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