AOG the next Ryman?

**Joshuatree** · 20-08-2014, 11:01 AM

Underlying profit of $42.1 mill.
Record retirement sales of 711 units
gearing down to 16%
Commencement of construction on 4 sites.
purchase of 2 hi quality sites to house 740 units /beds
NTA $2.78 per unit (currents/p $2.15

4 cent div
Outlook FY15 for profit increase re 15-20% and 5 cent div
target of ROA 6-6.5% by 2016 and 7.5-8% by FY18.
Buyback of up to 32 million shares , re 500 mill on issue

**Joshuatree** · 09-02-2015, 11:59 AM

PDF

Aveo extends its care business."we now have in place a platform to continually enhance the range of care and support services available to our circa 12000 residents across australia."

**Joshuatree** · 16-04-2015, 07:35 PM

Who's still in?. Just realised I'm well past double bagger on this ;A$2.83 today but still along way to go to get anywhere near RYM's PE.

**Joshuatree** · 23-05-2015, 03:56 PM

A pipeline of 5335 new retirement units ahead

Aveo Group and Springfield Land Corporation to deliver a major newconcept for Australian seniors living at Health City, Greater Springfieldin Queensland
Australia’s leading owner, operator and manager of retirement communities, Aveo Group Limited(ASX: AOG) today announced a major initiative and new concept for retirement living in Australia asit continues its transformation to Australia’s leading pure retirement group.
Aveo Group and Springfield Land Corporation (“SLC”) have signed an agreement to develop anintegrated seniors living campus at ‘Health City Springfield Central’ in Queensland. SLC is the multiaward winning developer of the Greater Springfield city-building project in South East Queensland.
Aveo Group has been appointed as the exclusive developer of up to 2,500 new seniors housing unitsand other health and integrated facilities at ‘Health City Springfield Central’. The development willbe known as ‘Aveo Springfield’.
Aveo Chief Executive Officer, Geoff Grady said: “This type of innovation in seniors living and agedcare in Australia is a very exciting concept and a function of our strategy to be Australia’s leadingpure retirement group.”
At its half year results in February 2015, Aveo outlined a development pipeline of 2835 newretirement village units. The Aveo Springfield development will add significantly to this pipeline bydelivering up to 2500 additional retirement village units over the next 15 years.

**PSE** · 23-05-2015, 06:13 PM

Another good choice JT.
These guys seem to have been reading what you said, convinced it is the next Ryman and started buying in too.
http://www.firstsamuel.com.au/what-a...-dry/39-fy-15/

**Joshuatree** · 29-05-2015, 09:02 AM

Cheers PSE .A new high in share price.Great to see AVEO innovate here. is this an industry first, below.?

Geoff Grady: So My Aveo Way came about because of customer feedback. And this is a very important thread through our business overall, listening to what the customers have to say. So out of the survey of over 5,000 residents last year, there were a number of touch points that concerned customers in retirement villages, generally. And they related to the way they come into the villages and the way they exit. So we set about engineering a new relationship, a new contract with our residents that solves some of those problems for them.

Giving them a 21 day cooling-off period, a 90 day settling-in assurance and then on the way out, they don’t have to worry about when their property will sell. We’ll buy it back after certain periods. We don’t charge them any selling fees, or any marketing fees and they don’t have to worry about refurbishing their units. And we know already that customers will accept those, as addressing part of their concerns.

**Pumice** · 01-12-2015, 09:36 PM

Originally Posted by Joshuatree

Cheers PSE .A new high in share price.Great to see AVEO innovate here. is this an industry first, below.?

Geoff Grady: So My Aveo Way came about because of customer feedback. And this is a very important thread through our business overall, listening to what the customers have to say. So out of the survey of over 5,000 residents last year, there were a number of touch points that concerned customers in retirement villages, generally. And they related to the way they come into the villages and the way they exit. So we set about engineering a new relationship, a new contract with our residents that solves some of those problems for them.

Giving them a 21 day cooling-off period, a 90 day settling-in assurance and then on the way out, they don’t have to worry about when their property will sell. We’ll buy it back after certain periods. We don’t charge them any selling fees, or any marketing fees and they don’t have to worry about refurbishing their units. And we know already that customers will accept those, as addressing part of their concerns.

Aveo up to $3.36 has been a great run up from below $2
I'm very interested in the china JV. Aged care is potentially a big export opportunity for companies like AOG. (hopefully they have a head start)
JHC also doing well for you too JT.

**Joshuatree** · 01-12-2015, 10:20 PM

24/6/14

Originally Posted by Joshuatree

NTA was $2.78 in feb I'm sure AOG will trade closer to this (currently re $2.11) like similar companies do.Plenty of upside to come imo. Significantly derisked now and divs will grow.But DYOR

$3.24 now $2.11 june 14. RYM has gone sideways !!