ARV - Arvida Retirement Villages

[King1212]

Pretty much nails my thoughts on ARV. The company is to focused on dividends to grow at the pace of the big 3.

Sometime ago someone mentioned MET buying out ARV to expand their South Island portfolio. As most of MET's villages are in Auckland. Either that or an Australian company(EHE, REG, JHC or AOG) buying them out to expand their operations. Then injecting funds for faster growth.

Personally I'd rather ARV, SUM, RYM and MET to stop paying dividends and use the money for faster growth, paying down debt or share buy backs.

-Pooping the Party

Cant really do so...no dividend no investors.....dividend is the only sweetener to attract more investor....However, I completely agree with u. Maybe they should offer DRP

[Lewylewylewy]

A DRP would work, but not all company owners are willing to give up shares to build the value of remaining shares.

[winner69]

T_j - ARV getting close to a $1

Well done - rewards for keeping he faith eh

[trader_jackson]

T_j - ARV getting close to a $1

Well done - rewards for keeping he faith eh

At $1 now! No surprise... Mr Market is just beginning to understand the potential (well more the under pricing) of ARV

Future NZX 50 company?

[King1212]

At $1 now! No surprise... Mr Market is just beginning to understand the potential (well more the under pricing) of ARV

Future NZX 50 company?

Yeah yeahhh

[couta1]

At $1 now! No surprise... Mr Market is just beginning to understand the potential (well more the under pricing) of ARV

Future NZX 50 company?

Yeah it has about one tenth the potential of Ryman, there is nothing really for Mr Market to understand except that this is primarily a care based company with a few add on villas as opposed to the big three being primarily property development companies ( More so with Ryman and Sum) Once Oceania lists Arvida will have another company to compete with on an Apples for Apples basis.

[Leftfield]

At $1 now! No surprise... Mr Market is just beginning to understand the potential (well more the under pricing) of ARV

Future NZX 50 company?

Underpriced? PE at current price is 71.2 compared to MET at 5.3 and Sum at 11.5

[trader_jackson]

Underpriced? PE at current price is 71.2 compared to MET at 5.3 and Sum at 11.5

I am not sure where you get your numbers from, but a report prepared by Forsyth on 23rd march listed the following PE:
ARV 15.2x
MET 15.3x
RYM 23.9x
SUM 20.0x

Prices have changed since then meaning the above will be slightly out of date, although they do provide a nice graph showing MET and ARV are always the lowest for "12 month forward PE ratios" at around 15

I'm not saying they are going to be the next Ryman, but I also find it interesting how the market continues (or use to) to write off ARV's potential development capabilities

[couta1]

The PE ratio for ARV on close tonight according to ANZ securities is 75 PS- Please re read the last sentence from post #126 tj and let it sink in, you really must stop comparing Apples with Oranges.

[Lewylewylewy]

If the PE is 75 and the div is 6%, where is the money reinvested into the business for growth?