ARV - Arvida Retirement Villages

[King1212]

well..i guess $1.52 is under the way TJ!!! How is AFT and PEB???

[trader_jackson]

Still no news on a DRP?

I was hoping for some news on this... as I am sure it would be very well received. Might be a question to ask in CHCH when the annual meeting comes up soon(ish)... anyone going?

Good to see the re-rating continuing today, with ARV trading on good volume, at all time highs

[trader_jackson]

well..i guess $1.52 is under the way TJ!!! How is AFT and PEB???

Yes quite possibly, unfortunately AFT and PEB aren't doing so well... unlike ARV they just 'met' estimates... ARV smashed it out of the park

[King1212]

Well, keep holding...if u believe in them!

[Beagle]

How things have changed - SUM is now the undervalued not wanted DOG of the retirement sector eh t_j

Well done Arvida

SUM shares "only" grew underlying profit 50% last year and 55% the year before that. Apparently not good enough but 47% is wonderful, go figure...

[trader_jackson]

SUM shares "only" grew underlying profit 50% last year and 55% the year before that. Apparently not good enough but 47% is wonderful, go figure...

Wonderful it is... given the much lower risk (dramatically lower borrowing, and less exposure to development risk etc), and the "cash reward along the way" being dividends (not peanuts )

I am sure SUM day SUM shares will begin going back up again - maybe when they have a better continuum of care and facing less risk of construction costs running away, among other factors - sometimes being smaller and more nimble isn't a bad thing.

[sb9]

Good result overall from a relatively new small player, well done to all those holders.

[percy]

Good result overall from a relatively new small player, well done to all those holders.

Agree.
Nice to be proved wrong.....again.

[trader_jackson]

Good result overall from a relatively new small player, well done to all those holders.

hmmm...
Imagine how undervalued OCA would be if it managed to deliver even remotely close to ARV?
Imagine, like ARV, if it managed to beat IPO forecasts?
If that was the case, the retirement stock I would be buying today on the NZX would not be SUM, RYM MET or even ARV

[winner69]

Wonderful it is... given the much lower risk (dramatically lower borrowing, and less exposure to development risk etc), and the "cash reward along the way" being dividends (not peanuts )

I am sure SUM day SUM shares will begin going back up again - maybe when they have a better continuum of care and facing less risk of construction costs running away, among other factors - sometimes being smaller and more nimble isn't a bad thing.

But as ARV start new developments in earnest won't they be increasing the above mentioned 'risks'

Debt increased from 3% to 16% of equity plus debt in F16 - expect more leverage in future years.