Why I like ARV is chart below
Share price still languished around 2 bucks .....cheap as
Market hasn't woken up to future earnings ( Forbar seems to have done so)
No real guess in the forecast F22 and F23 numbers - only what ARV have been saying
Printable View
Why I like ARV is chart below
Share price still languished around 2 bucks .....cheap as
Market hasn't woken up to future earnings ( Forbar seems to have done so)
No real guess in the forecast F22 and F23 numbers - only what ARV have been saying
I sold out of ARV, just concerned with delta and seeing what it is doing around the world.
Will relook in a years time. Happy to pay more once the situation is a bit more clear. IMo there are other companies one can invest in that will perform satisfactory and with less covid delta associated risk in this new, 'living with covid' world we are entering
Also rising rates, lower or flat housing market headwinds
Seems market still not too impressed with Arvida’s acquisition and recent performance
Suppose I’ll need to face up to ARV being like OCA ….full of promise and all that ****e but will remain a sort of a pariah of the market …like gunna going to be re-rated soon but never happens.
Lots of patience required here...not as much as the extraordinary level of patience that will be required with OCA. There's more than $900 million in embedded value here that will start showing up in the underlying profit in the big way in the years ahead.
When Forbar says this I take it as a convoluted way of saying ‘no worries, all honky dory’
We believe the stable and cash generative nature of the acquired villages complements ARV's newer and less cash generative portfolio well.
We estimate that cash from ongoing operations will almost double as the acquisition is incorporated which, in combination with strong cash recovery of capex, should result in largely self-funded growth, inclusive of paying a dividend going forward.
No worries whatsoever mate.
Might look to buy back in this time next year. Probably be the same price 😐
Some provincial divestments announced. Any view on the buyer?