ARV - Arvida Retirement Villages

[peat]

one of the concerns with a sector so rewarding in general is that one becomes overexposed to it , and no one can know what might arise and should something occur eg a regulatory event that is a shock to the entire sector then portfolio ramifications could be quite bad. and the political possibilities do exist now, consider Labour's oil and gas exploration brain fart.

[artemis]

one of the concerns with a sector so rewarding in general is that one becomes overexposed to it , and no one can know what might arise and should something occur eg a regulatory event that is a shock to the entire sector then portfolio ramifications could be quite bad. and the political possibilities do exist now, consider Labour's oil and gas exploration brain fart.

How about Minister Tracey Martin's idea of forcing retirement villages to build 'affordable' units (whatever than means).

[macduffy]

Yesterday's DomPost had a promotional insert for Arvida's Village on the Park - site of the former Athletic Park rugby ground - advertising new units which are due to be available next year. Current residents speak well of this village, at least in my experience.

Disc: Holding RYM, SUM, OHC - I think I'm a little overwight in this sector!

[trader_jackson]

A finish at $1.31 means ARV closed at its highest point in just under a year.
A bit like OCA, ARV still far to cheap, but at least a step in the right direction.
Back under $1.30 next week without doubt, but we can all enjoy it for the weekend at least.

[Jerry]

Dad (who is very happy in Arvida care) says what might arise is a virulent flu-bug.

one of the concerns with a sector so rewarding in general is that one becomes overexposed to it , and no one can know what might arise and should something occur eg a regulatory event that is a shock to the entire sector then portfolio ramifications could be quite bad. and the political possibilities do exist now, consider Labour's oil and gas exploration brain fart.

[Filthy]

https://www.nzx.com/announcements/321987

nice little land acquisition. some more room to grow for the one that everyone forgets.

[tuaman]

Soon all time high? long term holder.

[trader_jackson]

Another quality greenfield acquisition... They could probably fit around 500 units on that land (given they are fitting 267 units on their other greenfield site that is less than half the size they just acquired...)

While the strong cash flows from top rate care with extremely high occupancy keeps rolling in, the development pipeline has gone from 1100 to 1600 ish, the development team will be kept busy for a fair few years to come.

Sum other operators are struggling to maintain their current development rates and seeing all sorts of swings and sways in their sales/re-sales (and even being questioned on the transparency of their delivery numbers...) meanwhile ARV will only be increasing its development deliverers (what ever way you want to measure it) year after year, for at least 3 years to come... although 'only' 97 were delivered last year (who would have thought they'd be doing that back in December 2014 when they listed!), buy FY21, we are going to see nearly 250 units developed and FY22 could be 300+... wowee that is nearly as much as sum others (who are now desperately trying to catch up on the care side of things - and doing a 'very average' at best job at it at it).

ARV still treated like a dog - otherwise would be over $1.50 already, some say.
Fast turning (back) into the (under)dog

[Beagle]

Looks like a good land acquisition and a nice warm part of the country to retire. Every dog has its day...

[trader_jackson]

Hardly any sellers left now - people must be buying what they can while it is still cheap as...

1st quarter dividend (likely to be 10% higher than 1st quarter last year) is also just around the corner (announced this week)

Not far off the all time high of $1.37 - hard to believe that was early June last year, and since then ARV have only gotten bigger and better yet the share price hasn't kept up.