MET - Metlifecare - one for the fundies?

[Cyclical]

http://nzx-prod-s7fsd7f98s.s3-websit...641/320765.pdf

I've noticed ACC buying a few of the ones I like to keep an eye on just lately...I'm sure they're not silly and of course they are in for the long haul. Could some of the government stimulus be coming from that direction, or do they just have shed loads of cash? I guess the cash keeps coming for them anyway and no one is having accidents right now haha.

[Beagle]

They have a good track record in my opinion. Nobody and no institution gets every decision right but they're certainly one of the more astute institutions in my opinion.

I see their average sale price was $6.85 and their average buy price buying back in was $3.94 over the last few months.

If ACC join in the hunt there's every chance you're chasing a feed in the right place https://www.youtube.com/watch?v=v0a6jM7PALg

[bottomfeeder]

Hate to think Mum and Dad investors were the ones to buy at the higher price and sell at the lower price. Could have shafted a lot of New Zealanders. Oh well I suppose thats the market. I am accumulating as well.

[bull....]

I've noticed ACC buying a few of the ones I like to keep an eye on just lately...I'm sure they're not silly and of course they are in for the long haul. Could some of the government stimulus be coming from that direction, or do they just have shed loads of cash? I guess the cash keeps coming for them anyway and no one is having accidents right now haha.

RBNZ QE could easliy be finding its way to ACC to prop the stockmarket. just like they do in the US

[RGR367]

A dampener for MET https://www.stuff.co.nz/national/hea...ies-from-virus

[winner69]

RBNZ QE could easliy be finding its way to ACC to prop the stockmarket. just like they do in the US

Could well be ...all that cash got to go somewhere ...inc MET

[bull....]

A dampener for MET https://www.stuff.co.nz/national/hea...ies-from-virus

glad i sold this morning might tank tomorrow

[bull....]

Could well be ...all that cash got to go somewhere ...inc MET

yep and i heard mention RBNZ might be going to double QE again lol wont take them to long to own the market

[bottomfeeder]

I know someone in MET Bayswater. I couldnt visit them weeks before the lockdown, as they were in lockdown early. I think they are doing their best in trying times. After all the virus is invisible and can enter a community in so many ways.

[allfromacell]

glad i sold this morning might tank tomorrow

So the person has been in hospital for 3 weeks since, at least it shows Metlife was able to contain the spread as no one else has since fallen ill. I wouldn't try paint it as something positive for the company but the risk of further spread in the village is very low.

RIP.