MET - Metlifecare - one for the fundies?

[psychic]

http://www.nzherald.co.nz/business/n...ectid=11313869

Listed retirement giant Metlifecare pushed up annual net profit after tax 18 per cent to $68.8 million after removing non-recurring items.

The result for the June 30, 2014 year just posted on the NZX showed settlement of 458 occupation right agreements, the second highest in the last six years.

[silu]

Also very much liking this announcement unless there is something I don't know about Kim.

METLIFECARE ANNOUNCES KIM ELLIS AS CHAIR

discl hold MET

[Joshuatree]

Looks pretty solid to my shallow gaze ; those who can drill down further what do you see.? Mkt likes it up 3.45%atp.
1 year return MET 38.04%
RYM 16.4%
SUM -5.25% oh dear

[silu]

Big volume today. Always nice to see volume + rising share price after a FY announcement.

[BlackPeter]

15 April 2014:

MET is a dog. I was enamoured with it for a while, but not anymore.

How times can change ... I do love dogs like this ...

[Snow Leopard]

A totally unspectacular result but the crowd seem to like it.

Stating 200+ units pa from 2015 but that is not spectacular either

Best Wishes
Paper Tiger

Disc: hold MET, but currently not RYM or SUM

[Snow Leopard]

So, I have recently sold the last of my MET shares and am completely out of the sector.

Best Wishes
Paper Tiger

[macduffy]

Did I imagine it or was there a news item on radio this morning to the effect that MET had announced the purchase of land in Auckland for another village? Nothing in the NZX announcements so perhaps it was old news?

[Beagle]

Was announced 13 January. New Red Beach village on the Hibiscus coast Whangaparaoa. Great area IMHO.

[macduffy]

Thanks, Roger. I agree, it should be a great success there!