ARV - Arvida Retirement Villages

[ronaldson]

I don't see you could charge more than 30% DMF even over an extended timeframe, and some providers are at 20%. Property price gains are almost a given over the "normal" occupation timeframe so the asset is always earning.

But it has become fashionable to advertise that the weekly fee is fixed and will not be increased. With inflation I think it is that commitment that can be more detrimental to providers if longevity kicks in.

However it is a competitive industry to a greater extent than most, which offers a lot of choice in terms of nature of accommodation, available amenities, location, standard of care, weekly fee and so on, and occupancy is the critical factor. Everyone weighs up the quality of the offer before making their entry decision so providers are driven to be as attractive as possible.

[Muse]

Monster volume today at close.

Suspect it's to do with Jarden's sector research from this week.

In fact looks like the largest daily volume post float.

[winner69]

Monster volume today at close.

Suspect it's to do with Jarden's sector research from this week.

In fact looks like the largest daily volume post float.

Yep 25 million at days end

Might be something to do with that ‘adjust’ session they said was today …what ever that means

But $1.00 doesn’t look too bright does it …be $1.05 again on Monday

[percy]

Monster volume today at close.

Suspect it's to do with Jarden's sector research from this week.

In fact looks like the largest daily volume post float.

Looks as though one seller sold in 3 parcels a total of 24,129,251 shares.
According to NZ Companies Office it must be one of the following major holders.

Shareholders in Allocation:
Allocation 1:120998625 shares (16.80%)

FORSYTH BARR CUSTODIANS LIMITED
Forsyth Barr Limited, 35 The Octagon, Dunedin Central, Dunedin, 9016 , New Zealand
Allocation 2:46928799 shares (6.52%)

NATIONAL NOMINEES LIMITED
80 Queen Street, Level 4, Auckland Central, Auckland, 1010 , New Zealand
Allocation 3:40445761 shares (5.62%)

GENERATE KIWISAVER PUBLIC TRUST NOMINEE LIMITED
Level 16, Sap Tower, 151 Queen Street, Auckland, 1010 , New Zealand
Allocation 4:33642449 shares (4.67%)

Accident Compensation Corporation
19 Aitken Street, Thorndon, Wellington, 6011 , New Zealand
Allocation 5:30762600 shares (4.27%)

[Greekwatchdog]

Trading was extended to meet the quarterly rebalancing of the NZX and FTSE Russell Indices, with Arvida Group, Serko, Tourism Holdings and Vista Group falling out of the FTSE Small Cap Index, and Channel Infrastructure entering the NZX 50 in place of Restaurant Brands.

[winner69]

Yep 25 million at days end

Might be something to do with that ‘adjust’ session they said was today …what ever that means

But $1.00 doesn’t look too bright does it …be $1.05 again on Monday

Prob ACC …they know when to cut their losses ….just making that up

More likely consolidated orders from many fundies

[Greekwatchdog]

Prob ACC …they know when to cut their losses ….just making that up

For you W69. Trading was extended to meet the quarterly rebalancing of the NZX and FTSE Russell Indices, with Arvida Group, Serko, Tourism Holdings and Vista Group falling out of the FTSE Small Cap Index, and Channel Infrastructure entering the NZX 50 in place of Restaurant Brands.

[percy]

I would guess some one bought these.?

[troyvdh]

What's going on.....insider information perhaps...like debate on ST indicates ARV represents value ...more so than some others...I smell something fishy....sad.

[Greekwatchdog]

What's going on.....insider information perhaps...like debate on ST indicates ARV represents value ...more so than some others...I smell something fishy....sad.

Trading was extended to meet the quarterly rebalancing of the NZX and FTSE Russell Indices, with Arvida Group, Serko, Tourism Holdings and Vista Group falling out of the FTSE Small Cap Index, and Channel Infrastructure entering the NZX 50 in place of Restaurant Brands.