MET - Metlifecare - one for the fundies?

CJ · 25-10-2013, 10:54 AM

Originally Posted by Radler

i'm loving all the gains - especially another 8% today

I also think IFT experience should help the MET Board. I dont think IFT will settle for only 200 units per year so expect them to demand (and help) them increase this.

**NZSilver** · 25-10-2013, 12:49 PM

Forced to sell today to pay for PEB, I think there is huge potential here for MET. Just the beginning!

**Snow Leopard** · 25-10-2013, 04:17 PM

Originally Posted by CJ

So CJ what do you thing about this share - its up 30% in the past month.

CJ: I think it is a great share.

Disc: I'm so ronery

Being 'ronery' is probably less worrying then reminiscing over the fact one saw Team America - World Police at a cinema at Yerba Beuna Gardens in San Francisco. (I saw Matrix Reloaded & Matrix Revolutions there as well).

I did a bit of drum beating in April (when I started buying in) and May about how I thought the company was a changing for the better and would start building up the building program.

So happy to see it cross the $4 mark - but this is still less than half of what I think it will be worth in a few years.

Perhaps I should sell some of my vastly over-priced RYM and buy some vastly under-priced MET?

Do your own, of course!

Best Wishes
Paper Tiget

CJ · 25-10-2013, 04:23 PM

Originally Posted by Paper Tiger

I did a bit of drum beating in April (when I started buying in) and May about how I thought the company was a changing for the better and would start building up the building program.

Thanks PT. IFT should be a very supportive shareholder on these two points.

I topped up in the SPP and was going to sell down at some point but I might hold on to see if they can start improving.

**troyvdh** · 25-10-2013, 07:50 PM

giday ...what interests me about this whole revaluation issue about SUM MET RYM....is like how can folk who begin to have an interest in the SM...react when in general brokers who they will approach in the first occasion (seated or clothed expensively no doubt) and are given the usual drivel (like there is a secret here)...re investing...and are given advice/direction...of any said shares....Like if they have the answer !!!!!!

Like I have stated in the past...if folk are asking questions about where to invest their money.../....PLEASE ask the said person ...how much money THEY personally have invested.

CJ · 27-10-2013, 11:39 AM

Article (Brokers view) on MET written before last weeks announcement outlining the potential:

http://www.stuff.co.nz/business/mone...ew-Metlifecare

And an article from the Herald:

http://www.nzherald.co.nz/business/n...ectid=11146562

**Lizard** · 27-10-2013, 07:34 PM

I haven't looked at MET for a while, but happened to see the FKP announcement where they proudly stated that the shares had been sold for above NAV.... and I thought "you have got to be kidding! OF COURSE they should be selling above NAV in this industry!!"

Definitely seems worth a closer look...

**silu** · 06-11-2013, 11:17 AM

Bought my initial parcel at 4.07 yesterday together with SUM. I believe that MET can be a real player with the right management and things are starting to happen on that front.