Oh no there are two of you or are you psychic/sidekick? :) MET 31.45% Year to date is outperforming RYM 27.5% and SUM 17.06%
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Oh no there are two of you or are you psychic/sidekick? :) MET 31.45% Year to date is outperforming RYM 27.5% and SUM 17.06%
Just an observation ...folk like New Guy have slammed MET ..often...and I believe that an institution(s) in recent times have downgraded METs future ability to perform and justify its shareprice ...what are simple folk like me to make of all this...is it mere humbug...hidden agendas ....or just the free flow of opinion.
That's what makes a free market I suppose.
New Guy may be proven right ...,.,.a comment now perhaps...cheers
NOOOOOO - don't get New Guy back to rain on our parade!
Here is a free bit of opinion from Macquarie - right or wrong it may be useful to you trovvdh.
http://www.macquarie.com.au/dafiles/...MTA2Mjk5NTk5S0
Hey JT, thanks for the PM. I replied but I don't see it in the sent folder so may have mucked that step up...
But cheers eh
Correction it is 1 year return not YTD . so as of today
MET up 31.85%
RYM up 28.46%
SUM up 17.73% source NZX
Lest we remember ,Met over 1 year has been superior thats the only authentic cold hard fact atm
Craigs have upgraded to a BUY , t/p $5.23
Thats a big increase from the current $4.47. I cant see their growth being that good. They have too many existing villages that are based on the old model to effect rapid change.
Maybe they have heard promising stories from IFT on what changes they will implement?
Yeah/Nah too dear IMO, Sum better buying at current prices but will see in a years time I guess, that price seems OTT when you consider their current build rate and that price is where Ryman was at just over a year ago and their build rate was more than double what Mets rate is currently.