ARV - Arvida Retirement Villages

[winner69]

Had a quick look at the recent release and it confirmed that the results were CONSISTENT WITH THE IPO FORECAST>

I don't know where you get off spouting all this misinformation, TJ, but its incredibly irresponsible and a total disgrace.

This thread should be purged accordingly. Its misleading and just plain wrong.

Assume the first sentence is quoting TJ

But the company says it is

Arvida announces FY2015 unaudited financial results in line with IPO guidance, declares maiden dividend in line with forecast. Full Year release -

- NPAT of $3.1 million, ahead of IPO forecast
- Underlying Profit of $4.0 million, in line with IPO forecast
- FY2015 final dividend of $2.3 million (representing 1.03 cps) declared, in line with IPO forecast
- National footprint established with the successful acquisition of 17 retirement villages and aged care facilities
- Key integration tasks completed
- Existence of synergy benefits confirmed and initial benefits locked in
- New Support Centre team in place with key leaders appointed
- Development of Arvida brand, culture and values across the group
- Arvida affirms FY2016 guidance in line with IPO forecast
Disc. just a passing interest in ARV