Ooops wrong thread sorry,but sort of appropriate maybe.
Printable View
t_j jeez 135 and only 17 cents behind HBL
I reckon ARV will beat HBL to 160
Great start to new year for you eh - well done
It has done well hasn't it? Heartland should watch out...
Good volumes as well...SUM investors might be on holiday, but others are snapping up ARV shares while they are still cheap(ish?) I suppose ;)
Woudln't be surprising if some were selling down the 'big 3' (although ARV is fast catching up) and repositioning their portfolios...
Market cap over $450m now... who would have thought this "dog" ARV would be (nearly) half the size of, say, SUM, just 2 years after it's IPO
Well done to all the holders.
Seems to have had a little run whilst I have been away and 1 of only 2 NZX stocks (the other is THL) the infallible Tiger Stock Picking Software is currently keen on.
Best Wishes
Paper Tiger
http://www.4-traders.com/ARVIDA-GROU...84/financials/
They issued more shares to purchase 3 existing villages this yr hence rising EBIT & PE
Can anyone shed some light onto why there is such a small margin of safety between EPS (12.9cents) and PE ratio (10.1)?
some quick questions:
1: Why ARV is able to distribute such high cash dividend while other retirement companies can't?(even you reduce RYM/SUM to the same valuation) Is it because ARV's bed % is higher?
2: According to the latest presentation, ARV's portfolio is quite big already after some acquisitions. The total units/beds is about the same as SUM. However SUM has a significant higher build rate. Does that mean SUM will have higher growth rate. In this case, SUM deserves higher valuation. (so we can't expect ARV's valuation to increase to RYM/SUM's level)
Third quater dividend and update are due soon...maybe tomorrow or early next week....come to poppa ..juicy dividend....:t_up:Arvida is a keeper....