Ryman has the biggest size land bank among the listed operators. It could well be a disadvantage to them for the years to come, both in Australia and New Zealand. If you think RYM is a bargain, then I would think A2 is a bargain too.
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Ryman has the biggest size land bank among the listed operators. It could well be a disadvantage to them for the years to come, both in Australia and New Zealand. If you think RYM is a bargain, then I would think A2 is a bargain too.
Start by looking at MET and OCA. Then look at the average underlying growth for the last five years in MET, ARV and SUM and compare them to RYM.
The facts do not support anything like the current share price of RYM relative to the rest of the sector. I care nothing for their historical reputation...I care for companies who are trading on facts and numbers that support the share price. RYM also has the highest debt in the sector....its actually their external debt that's one of their fastest growing metrics :eek2: I'll let you think about whether that's a good thing in a new "normal" in which we now exist.
At this point OCA is up 8.8% today. RYM (which is a great company) is up 0.5% up today. I’m am so happy I loaded up on OCA two weeks ago and still under NTA. Longterm RYM will always do well and I don’t want to flog a great company. My short term thoughts were great companies for their fair value. I guess others agreed as well.
I must admit I did not read too much into the financial stuff but I have owned OCA, Sum before, and have sold out RYM a long time ago. When I saw retirement sector has dropped so much a few weeks ago and thought if I to buy some share in this sector and in this condition... What would that be? So I went for the biggest guy. Time will tell if RYM would be a good buy but so far mine has gone up 69%. Really all of these gain is on paper anyway and for now it is just pixel on the screen really right.
https://nz.finance.yahoo.com/news/oi...8601--spt.html
Oil price into negative .
The reasons for down this morning to all.
To catch some bargains before it goes into Level 3 , stronger.