ARV - Arvida Retirement Villages

[Benny1]

I have said on here for quite a long time now that I wish they had a DRP - I was going to then say it would be great to have this question asked at the AGM, but that has just been!

I am tempted to email investor relations over at ARV and ask if they have considered it.

Good idea! I will try to remember to send one myself. 😃

[hardt]

I drunkenly purchased a whole bunch at 127 today, this is generally a pre-cursor to downward movements... you have been warned.

Ramped up again at 123 today.

Not drunk this time.

[troyvdh]

Great discussion guys...been there done that..cheers

[dabsman]

So Ex date is tomorrow for the rights. If I buy today I an GUARANTEED to to rights? I just want to make sure there isn't some clearing period etc?

[macduffy]

So Ex date is tomorrow for the rights. If I buy today I an GUARANTEED to to rights? I just want to make sure there isn't some clearing period etc?

Yes, that's how it works.

https://www.nzx.com/companies/ARV/announcements/307065

[JeremyALD]

Wow $1.20 now. Never thought I'd see it back at this level.

[trader_jackson]

Neither did I,EPS up 8% on acquisition, share price accordingly goes up to $1.33 after thatgreat announcement, then upon low volume, trends down todays $1.20… I thoughtOCA was cheap (and still is) but this looks to (unfortunately) start giving OCAsome serious competition if this trend, somehow, continues.

[dabsman]

Yeah ex rights - I didnt buy yesterday as I didnt trust it would transact in time to get the rights on top. I'll buy more via my current rights and I'll keep filling up at $1.20. The eps will look good after these are integrated into the pyramid scheme. Question is will the rights be best to buy or the head share to increase my holding?

[dabsman]

And I wish this share would be added to ASB's Margin list... I hate buying shares that dont increase my limit!

[Benny1]

Would also love them to do a DRP... Thought there could be some merit in it for
a young small company that's growing.
Some will suggest that you can just re-invest your dividends anyway,however this comes with a broker cost which as a small holder makes this unattractive.
Also with a DRP it gives the company certainty over how much will be re-invested.
Just my two cents worth. 

Have sent an email to investor relations regarding DRP.... Reply says they are not considering one at this point in time....Bit of a shame really!