ARV - Arvida Retirement Villages

[ronaldson]

I believe this share traded at 93c at market close on 31 March 2023 and is now fairly solid at 105c which is a good recovery, in % terms anyway.

Looking forward to the results announcement on 30 May, which along with RYM later this week and OCA next week will give a decent overview how the sector is really going.

[bull....]

looks like a head and shoulders bottom on the daily chart

[ronaldson]

I believe this share traded at 93c at market close on 31 March 2023 and is now fairly solid at 105c which is a good recovery, in % terms anyway.

Looking forward to the results announcement on 30 May, which along with RYM later this week and OCA next week will give a decent overview how the sector is really going.

Two trading days on and buyers at 112c sellers 113c. This is a big reversal of sentiment in 7 weeks!

[Sideshow Bob]

https://www.nzx.com/announcements/412221

Highlights:
• Underlying profit[1] of $88.0 million, up 20%
• Total sales of $376.4 million, up 16%
• 215 new units delivered
• Gearing at 30.5%
• NTA at $1.90 per share
• Final dividend of 2.35 cents per share

[percy]

https://www.nzx.com/announcements/412221

[FONT="]Highlights:[/FONT]
[FONT="]• Underlying profit[1] of $88.0 million, up 20%[/FONT]
[FONT="]• Total sales of $376.4 million, up 16%[/FONT]
[FONT="]• 215 new units delivered[/FONT]
[FONT="]• Gearing at 30.5%[/FONT]
[FONT="]• NTA at $1.90 per share[/FONT]
• Final dividend of 2.35 cents per share

Crikey that looks good.

[X-men]

Gearing at 30%....lowest in the sector and better than other property stocks

[Greekwatchdog]

Thats an outstanding result in a brutal environment and was a steal in the $0.90's. Management are clearly working hard and shareholders should be full of confidence going forward.

[Rawz]

face value that looks like a great result and well managed balance sheet by the looks of it

[Habits]

Thats an outstanding result in a brutal environment and was a steal in the $0.90's. Management are clearly working hard and shareholders should be full of confidence going forward.

Low of 91 cents compared to NTA more than twice

Picked some up recently

[trader_jackson]

Absolutely stunning result given the times - underlying profit per share up 27% and net implied value up 24% in the past 2 years and NTA at $1.90 yet share price isn't really much above $1 despite strong growth on all fronts... dividend hasn't been massively cut like others are having to do either.