MET - Metlifecare - one for the fundies?

[winner69]

Metlifecare today reported “a strong financial result”

http://nzx-prod-s7fsd7f98s.s3-websit...988/295528.pdf


All honky dory in the retirement sector

[winner69]

Incident in one of their villages

http://wellington.scoop.co.nz/?p=116765

[Onion]

Yay - one of the NZX top performers today - up 3.8%.

Just don't remind me that it is down over 16% this FY! What do they say about hindsight?

[dreamcatcher]

Yay - one of the NZX top performers today - up 3.8%.

Just don't remind me that it is down over 16% this FY! What do they say about hindsight?

Took a small position this week and looks like I got the bottom but time will tell........

[macduffy]

MET's underperformance has analysts scratching their heads.

http://www.sharechat.co.nz/article/8...a-premium.html

[SilverBack]

My Mother went into a Metlifecare villa. Talk about a sharp-arsed manager - all she could think of was money. My Mother lived OK but the screws came on when she got sick and most particularly after after she left. I was tempted to order a load of dung to be dumped on her driveway - tempted but not followed through on.

[Elles]

A link to this popped up in my direct broking account - bit of (paid?) advertisement targeting some more investors!

https://www.directbroking.co.nz/directtrade/secure/videocontent.aspx?VideoID=1

[psychic]

Must be good value here at $4.35, surely? I sold at this year's ago. Buying.

[mondograss]

Must be good value here at $4.35, surely? I sold at this year's ago. Buying.

You might want to wait until the chart pulls out of its present nosedive first perhaps. How are they getting on with all their leaky buildings?

[psychic]

Sage advice there Mondo. But I'm thinking the thing is way oversold, at a ridiculous discount to NAV (leaky buildings priced in after all this time surely? ), resales exceeding valuations, high occupancy rates, beaut forward build program and at a terrific p/e. What could go wrong...