MET - Metlifecare - one for the fundies?

[Beagle]

The tip for Fearless originated from Jardens ...and it ran nowhere ....got to pick your advisors better I reckon

Should have asked one of the more senior of the other 10 people working on the deal. They would have had a better tip for you, BUY SUM MET

[winner69]

Short term pain, perhaps, but MET value is now being recognised and the shares will be priced more realistically in future.

The ABA and STU value were once recognized when offers were made ......what happened next?

[Beagle]

The ABA and STU value were once recognized when offers were made ......what happened next?

Difference is MET have hard assets i.e. land and buildings that are independently valued each year. You're comparing apples and plums, (this dog has never much liked plums).

[macduffy]

The ABA and STU value were once recognized when offers were made ......what happened next?

Not a good comparison there, winner. ABA and STU were and are not operating in growth industries as MET is, with other companies like RYM, SUM and OCA providing a reference point.

[Beagle]

Not a good comparison there, winner. ABA and STU were and are not operating in growth industries as MET is, with other companies like RYM, SUM and OCA providing a reference point.

Trader Jackson will be upset you didn't mention Arvida there as well

[winner69]

Should have asked one of the more senior of the other 10 people working on the deal. They would have had a better tip for you, BUY SUM MET

...is there a deal to be working on today?

[winner69]

Difference is MET have hard assets i.e. land and buildings that are independently valued each year. You're comparing apples and plums, (this dog has never much liked plums).

...but both STU and ABA Boards had lofty expectations as to what they reckon their company was worth and said NO ..what happened next?

[King1212]

I agree with Beagle....MET is different ..they have hard assets..n generate good revenue

[pierre]

Closed at 638 - not too far away from the offer price! To quote Winner "That's good".

[Beagle]

...but both STU and ABA Boards had lofty expectations as to what they reckon their company was worth and said NO ..what happened next?

No sure what your angle is on this one. Completely different industries, the relevance is what ?

Every other relevant industry player trades at a minimum premium to NTA of at least ~ 20%, most a heck of a lot more mate. Not sure how you could realistically suggest the board of MET could be considered to have lofty expectations to simply expect a minimum bid of at the very least current NTA as at 31 December 2019 ? How is that price expectation unrealistic especially given there are three interested parties ?

Good to see patience starting to reap rewards, up 26 cents today. The more patient one is, the more rewards will come, in my opinion.