Oh, of course, but it’s interesting to look at what the market sentiment thinks. These business are all essential to provide the infrastructure nz needs to meet the demand for our aging population. No question.
Printable View
Where are they going to get all their staff from when immigration is reduced by more than 50% though?
Not sure, although I'm not so sure immigration has as bigger hit on retirement villages as some may perceive (bit like the whole big wage rise thing - impacts some more than others I suppose).
Where are all the builders going to come from to build the lofty, say 450 (and even higher numbers in coming years), units sum in the sector are hoping to build? (as reflected in there very high price to book valuation)
Sorry, the sum puns are just to easy!
Wondered who was the lucky one that picked 97c this morning...?
I'm more curious as to who was the one that panicked ;)
Probably be back at $1.00 by day's end, maybe higher - crazy that this only recently traded around 95 to 96c, apparently because of political risk (I think? Maybe?) and now it is still higher than these recent times - amazing what a bit of market sediment towards one or multiple stocks can do, when fundamental valuation is replaced with illogical panic.
Selling down only because you worry your neighbour will sell down is how it starts
maybe 90 cents on the cards.... So much downward pressure