They'll do it by hook or by crook
Interesting times if the 26% not achieved - seeing already built into the price
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During a discussion with a colleague whose parents are at that stage in life, they revealed that they intend to look after their parents to the end, which is admirable but perhaps misguided. My opinion changed after they later revealed that one of the key reasons what that they did not want greedy rest-homes to chew through their inheritance.
My neighbor lasted two weeks with her mum. Several times I helped to drive round the streets @ midnight looking for her, as she would sneak out to go walkabout.
I think the market must be a bit skeptical Roger, even with RYM up 15c yesterday. With 40 days before announcing, and such a clear signal 5 months ago re attaining FY lift of 15%, I am feeling positive.
Sounds like winner and possibly yourself believe such a result is already priced in. I think it has a bit of room to move yet.
Winner makes a good point though. In my view, if RYM fall short of the 15% by even a smidgeon, the market will be very unsympathetic (as always) and theoretically provide some excellent buying opportunities.
I think the move into Aussie has slowed them down a wee bit,once they get their momentum in that market going,your 15% will be assured again.
I'm thinking of exiting briefly before the next announcement. I doubt they will achieve 15%, and I expect the market to express its disappointment.
timing the market is really gambling, you have a 50% change of being right.
From Couta1's post #3386 SUM thread.
Simon Challies from the latest Ryman times;
"We've got a busy year ahead and we are off to a flying start.I can't remember a busier period in the history of the company.etc.Hang on to your hats folks because it's going to be a great year."
Does not seem he shares posters concerns?