After a few drinks for sure :)
You got it mate.
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May pay to wait until 12th December before you question the Crystal Ball.???!!!!
Percy said this on the SUM thread
More demand for reverse mortgagesQuote:
Diversity,multi-channels,one model does fit/suit all.
We will see operators targeting different niches. From full total care to more lifestyle independent living.
We can see this very quickly when you compare RYM/SUM model to INA's [asx].INA are putting retirement relocatable mobile homes in tourist park/villages.A lot of these are in lovely places on the NSW coast.
I did note this appears to be happening at Tahunanui Motor camp in Nelson.
Governments around the world are keen to keep people in their own home,and supply them with more services.
We will also see growth in people taking up resverse mortgages so they can afford to stay in their own home
Exactly Percy .... very perspective of you
Yes,LARGE fully imputed 3.5cents per share.
Record date 19th September,Payable Friday 3rd October.Winner69 get used to them.They pay them ever 6 months.[And I expect they will keep increasing them]
NB.Any one buying HNZ this week be sure you check you are buying CD, cum dividend.
For the sake of clarity, the shares will trade ex divvy on Wednesday 17th.
Not with the uncertainty of the election on Saturday. Possibly if National scores an outright victory, then we could see $1.05 by Monday next. I wouldn't mind if they price weakened a tad though, as I would like to buy a few more. One could say that I am not quite well-positioned just yet.
I will shout all attendees a beer at the next Auckland ST meeting if that happens...I think my wallet is pretty safe regarding $1.05 ex divvy by Friday 19th Sept...I think you've forgotten we're talking about a boring bank here mate.
If it could hold $1.00 ex divvy by the end of the week that would be a fantastic SP performance in my books.
Whenever the next one is, I'm not sure :) Okay, Okay, I will also shout a beer to all attendees at the Chch St meeting on 30 September if said event occurs and I am sure Percy will be very happy to shout the next round, won't you Percy ? ( Hint, if the accountant thinks his wallet is very safe you should be all good too ) :)
No laughing at me please
I have never bailed out of my multi year trade in RBD. The shareprice keeps going up and up and it pays divies as well. Some trades last much longer than ever envisages.
From this day year ago my return on RBD is in excess of 30%
From this day a year ago HNZ would have delivered 20% if I had been holding for that long.
Just hope that HNZ can perform much better than RBD over the next year seeing I have heaps more HNZ than RBD .....and HNZ has to prove themselves to me.
If the market can see the potential in Carls Jnr surely thy can see the potential in equity release lending. Hope so
This months issue of "Consumer" magazine has a chapter on reverse mortgages, for a bit of background reading.