ARV - Arvida Retirement Villages

[dabsman]

I have sold down all now. Sold the last part last week and put into HGH. Hold 50% of my portfolio in SUM and OCA now so don't need more exposure in this sector. ARV returned me 19.64% pa over 4 years so ok with that

[Beagle]

Given people were writing off ARV since day 1 (even before day 1!), I think ARV has done far better than many were saying it would and I am pleased to be part of the success story that is ARV... I bet 6 years ago you weren't thinking you'd be saying today that ARV has made the same return as RYM and the NZX 50. It is unfortunate to think a large part of the NZX's performance over the past 6 years is purely because of interest rates decreasing (and very little to do with actual company performance, which in some cases, eg MCY, has rallied massively over the past 6 years despite producing earnings roughly the same as 6 years ago)
It is stunning how high sum other listed operator seem to defy the odds and trade on elevated levels despite delivering less and less over the years.

For what its worth I think ARV will probably continue to approximately match the NZX50 performance going forward. My problem, (of sorts), is I am trying to beat the index.
SUM perplexes me at present. I can't quite make the Sum's work on that one so I am out.

[JohnnyTheHorse]

Very healthy monthly consolidation looks to have completed after bouncing from the primary trendline. A weekly higher low would be an excellent entry point. Most likely scenario is for the monthly uptrend to continue, testing previous monthly high of 184 and then all time high of 200.

Disc: hold.

Weekly chart attached.

Attachment 12158

[Beau]

Yes good to see uptrend pleased I added a few more at 1.62

[winner69]

Milford been topping up lately ...now over 5%

[JohnnyTheHorse]

Milford been topping up lately ...now over 5%

Mainly to their Active Growth Fund. Just following sky rocketing house prices...

[Snow Leopard]

Milford back under the 5%.

They are wasting a lot of time filling in the paperwork as the keep recrossing the border.

Best they buy a couple more percent and sit peacefully on the right side

[JohnnyTheHorse]

Very healthy monthly consolidation looks to have completed after bouncing from the primary trendline. A weekly higher low would be an excellent entry point. Most likely scenario is for the monthly uptrend to continue, testing previous monthly high of 184 and then all time high of 200.

Disc: hold.

Weekly chart attached.

Attachment 12158

Daily lower high has been set after that decent run from the monthly consolidation. Weekly higher low confirmed above 176. Setting up very nicely for a go at 200, assuming the rest of the retirement operators hold up well (have been consolidating lately).

[winner69]

Hey t_j .....your mate at Forbar better pull finger and put out a rave report on Arvida

They seem in love with the sector at the moment.

[JohnnyTheHorse]

Daily lower high has been set after that decent run from the monthly consolidation. Weekly higher low confirmed above 176. Setting up very nicely for a go at 200, assuming the rest of the retirement operators hold up well (have been consolidating lately).

And now the weekly higher low is set. Very nice setup, with the OCA strength backing it up.