MET - Metlifecare - one for the fundies?

[Joshuatree]

Have never held this one OG.Watching the trend re above for a poss opp later ;overseas investors pulling their money out of NZ adds to it .Can understand your strategy of riding it out; although the old set and forget strat doesn't apply so often these days imo.

[Valuegrowth]

http://marionbusinessdaily.com/indic...nzsemet/36128/

[Joshuatree]

The T/A speak makes my eyes glaze over

[couta1]

The T/A speak makes my eyes glaze over

Just a fancy way of saying that these stocks are good buying (Especially at closing prices today) but hey we already know that don't we. Sometimes there's just no need to complicate things, just let the tailwinds push you along.

[peat]

The T/A speak makes my eyes glaze over

yes that was quite unusual TA even for me!!
Piotroski F-Score !!! - never heard of that one.

So, these retirement stocks have come back and are on very respectable PE's which means their PEGs are looking good.
Metlife PE = 5 !
Ryman = 11

[Lewylewylewy]

MET has EPS+NTA of less than SP... PE of about 5 with just 1% dividend payout... Makes me feel like something is wrong with the accounting, otherwise that's an amazing bargain. The only explanation I could think of would be that they've got the valuations involved in the EPS and people think that the property values are due to drop. Seems... Odd.

[winner69]

yes that was quite unusual TA even for me!!
Piotroski F-Score !!! - never heard of that one.

So, these retirement stocks have come back and are on very respectable PE's which means their PEGs are looking good.
Metlife PE = 5 !
Ryman = 11

That Piotroski F-score was one of Sparky's tools (or was it MACs)

They also used the The Beneish Model

[winner69]

MET has EPS+NTA of less than SP... PE of about 5 with just 1% dividend payout... Makes me feel like something is wrong with the accounting, otherwise that's an amazing bargain. The only explanation I could think of would be that they've got the valuations involved in the EPS and people think that the property values are due to drop. Seems... Odd.

NTA per share is $5.32 in last accounts - not far off todays share price

For whatever reason MET appears as if it will always be cheap relative to peers.

[Lewylewylewy]

Thanks winner, that's going on the buy list when I'm not so poor

[BlackPeter]

I guess from a TA perspective looks MET currently not too flash: SP below MA50 and MA200, close to the cross of death and it looks like a head and shoulders formation is coming on:

MET-short.JPG

On the other hand - if we look at the bigger picture - how is the current situation different from mid 2012, late 2013 or late 2015/early 2016? Always the same formation and it went upwards from there?

MET-Big.JPG

I think I go in this case with trusting the fundamentals and holding on ...

DYOR;