When's the takeover going to happen t_j
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Happens with all stocks during hour before opening and the last 15 minutes of the trading day. Have a look in newbies to see threads that have covered this in detail. All completely normal all bourses.
Look at Aussie market at 6pm NZ time for the same actions.
It might just be the preclose where people put in orders knowing it will go for the match price anyway (129 today). Someone else may be able to explain it better, but it's not unusual at the start and end of the trading day.
As per previous posts - hadn't spotted those before replying...
Result in 2 weeks...last forecast was expecting strong result and on track...good luck guys..better off Arvida than Oceania..I reconk.....
Looking through their site I see they have a few nice villages,but also some that are not.
A lot seem to be very small,ie Maples and Rhodes on Cashmere.
The Park Lane one is on a busy road,next to AMI Stadium.
Would be so noisy you would never be able to open a window, or sit outside,and that would also be very stressful.[the noise]
I have visited all RYM and SUM villages in the South Island,and know a few in the North Island.
They have scale,which appears to be lacking with ARV.
I believe results are tomorrow and I will be looking out for a few things (in order of importance):
- EPS growth of about 12%
- FY18 Brownfield development
- Comment (if any) on greenfield opportunities
- Comment (if any) on other acquisitions
- Comments on Government review of caregiver wages and how this affects them (and the recent increase in funding of 1.8% ARV was given by the government to help with pay rises - I think)
- Dividend uplift continuing and/or dividend reinvestment programme and/or dividend payout changes (ie reduction) to help further fund growth (although as conservatively geared could just borrow more)
Broker target is $1.52...