Perhaps posts like this one from May 2022 influenced me.
Not proof, but Beagle usually pretty reliable with his observations.
SNOOPY
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Back to its ATL obviously market does not believe that all of the bad news is out yet, ( C R ) or the financials arnt as good as the company wants you to believe ?
like all RV's cash crunch time. if property goes down more :scared:
It's difficult to work out what the market thought of the RYM results as the RV sector has been sold off today.
Maybe neutral.
Big trade gone through….35 mil shares
Sell down post results announcement - looks like Hickman Family Trust has decided to exit Ryman?
Number of shares close to what they were reported as holding in last AR.
If it is them, it is indicating something as Hickman was co-founder of Ryman and has been in the register for a long long time.
Yes, respect any holders right to sell however for me it was the ease they found a buyer at the current market rate…this type of sell volume could have really hurt on market and yet someone has picked them up happily enough it would seem, I will chose to take this as positive.
Apparently a group of European investors who invested 3-5 years ago sold 35m shares. They must have lost patience and accepted their losses.
you are right:t_up:
ACTIS Investment KVG mbH sellout, unload all of their 41m shares https://api.nzx.com/public/announcem...215-420101.pdf
A bit more director buying happening at the moment - this should help alleviate concerns re: balance sheet.
Open kimono by Ryman's Chairman on what happened - lots of smoke and mirrors in the past and finally reality.
Arvida has joined Ryman in facing reality (to a certain extent - still more downside yet).
Oceania is waiting for a new CEO to do a clean up.
https://www.youtube.com/watch?app=de...e8Ju2JRICXmEuz
how many freebie 'what have you's' does he have under his belt already? ;)
Any further performance jobs sitting ready to fall off the shelf into pocket on the short - medium term radar ?
A few years ago was always curious on the way this sector was propped up on the corner of the table, but then again didn't think some of sector suspects would become basketcase jobs with huge monkeys around their necks gasping to get their 'actual Ca$h' results across the line :)
How long ago was this company describe like the perfect investment?.
https://www.rymanhealthcare.co.nz/ju...display_june24
Valuable recommendation