My valuation is currently $2.91 using a 10% cost of equity, 50% DPR, Return on Equity (Non-revaluation retained earnings + equity contributions) of 27.5%.
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My valuation is currently $2.91 using a 10% cost of equity, 50% DPR, Return on Equity (Non-revaluation retained earnings + equity contributions) of 27.5%.
I do find it quiet ironic that given all the positive "stuff" beng published about RYM (and that many posters choosing RYM in their 5 picks )...there has been a flurry of disclosures from RYM indicating "disposals".
hold 5000 rym
Ryman have had a decent run of late, I don’t think I’ve seen them hit $3.00 before.
This has been a core investment in my portfolio.
I have little doubt that plenty of elderly cash and tax dollars will be pumped through this company.
I noticed that this morning - a nice steady uptrend.
Bit annoyed I didn't get in sooner but still glad I did.
If it can break psychological $3.00 mark, hopefully that sets i as a floor price.
It’ll be interesting to see how their Aussie venture goes as well.
Demand for quality units should increase dramatically over the next decade or so, so i'll keep buying.
I got in at pretty low price levels but has only managed to offset some other poor investments (BP plc being one of them…The other will remain nameless)
Be interesting to see whether $3 now becomes the support level.With a bit of luck Hoop may update us with one of his fine charts,and comments.?
$3.20! This stock just keeps going and going.
Not a lot of talk about it though.
What do they say with winners? No news is good news.
RYM has hardly had any big news for years when you think about it. It just chuggs along.
I know there is a lot to go around, however I do feel un easy when reading about Summerset's new land purchases and intentions.