Metlifecare today reported “a strong financial result”
http://nzx-prod-s7fsd7f98s.s3-websit...988/295528.pdf
All honky dory in the retirement sector
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Metlifecare today reported “a strong financial result”
http://nzx-prod-s7fsd7f98s.s3-websit...988/295528.pdf
All honky dory in the retirement sector
Incident in one of their villages
http://wellington.scoop.co.nz/?p=116765
Yay - one of the NZX top performers today - up 3.8%.
Just don't remind me that it is down over 16% this FY! What do they say about hindsight?
MET's underperformance has analysts scratching their heads.
http://www.sharechat.co.nz/article/8...a-premium.html
My Mother went into a Metlifecare villa. Talk about a sharp-arsed manager - all she could think of was money. My Mother lived OK but the screws came on when she got sick and most particularly after after she left. I was tempted to order a load of dung to be dumped on her driveway - tempted but not followed through on.
A link to this popped up in my direct broking account - bit of (paid?) advertisement targeting some more investors!
https://www.directbroking.co.nz/directtrade/secure/videocontent.aspx?VideoID=1
Must be good value here at $4.35, surely? I sold at this year's ago. Buying.
Sage advice there Mondo. But I'm thinking the thing is way oversold, at a ridiculous discount to NAV (leaky buildings priced in after all this time surely? ), resales exceeding valuations, high occupancy rates, beaut forward build program and at a terrific p/e. What could go wrong...