ARV - Arvida Group

[winner (n)]

Love this from yesterdays marketbroundbup



Retirement village developer Arvida Group also had another good day, up 6.4% to $1.16. Arvida has been consistently near the top of the leaderboard this week.

[Basil]

LOL, yeah I saw that too, that was a good one.  If only it was true 

[winner (n)]

Director Ridley-Smith doing a great job in supporting the share price from falling more.

But then some would say it's a goodvsign ..insider buying and all that.

[winner (n)]

Jeez, if seemed ARV was going to close at 111 but somebody saved the day and it got back to 113

52 week low is 109 ...hope it doesn't go below that

Unloved and not wanted

Need to come out with a Happy New Year news letter with some good sales numbers included in it. I'll shoot them off an email to suggest it

[Basil]

Feels like a lifetime ago since the days of $2+ eh...and yet it was just 14 months ago.
No idea why OCA gets so much air time on the forums and why despite this being fundamentally cheaper and far less challenged in terms of its business model it hardly gets any love.  Go figure?

[Basil]

This has been under review as it no longer meets my primary investment goal in 2023 and beyond, retirement income, and fails miserably my 8%+ minimum gross yield investment filter, (current yield 4.9%).  In terms of the only other prospect to get out of this hole, holding for a share price recovery, its hard to see what the catalyst is for any near-term meaningful recovery, and I note both ARG and KPG pay well over 8% gross effective yield for 33% taxpayers and trade at similar, quite substantial discounts to NTA so I have actioned a switch from this to ARG.  Both companies share tickers start with AR so it seemed like the natural switch to make     

In a major change to my primary Invesment objective going forward I reckon when you hit 60 you might as well rejig your portfolio for maximum income and enjoy whatever expensive hobbies you like for as long as you still have the health and wellbeing to do so.  No point being the richest person in the rest home having your nappies changed for you is there!

[Shareguy]

Yes, well said Basil

[Perky]

Geez Basil, you need your own entertainment channel.

Under review!!! You only bought them in December 2022 @$1.20 with a strategy to dca over 2023/24 alongside your favoured Sum.
ARV was never going to meet your 8% div criteria...I have no idea why you bought them other than you thought they might be oversold

I'm following KW technical analysis thread...unfortunately I couldn't use the 50 or 200 day ma as you didn't own them long enough


Basil ARV chart below

[Raven]

Perhaps the Christmas/New Year trading halts allowed some time for reflection.
Basil did say,
"In a major change to my primary Invesment objective going forward I reckon when you hit 60 you might as well rejig your portfolio for maximum income and enjoy whatever expensive hobbies you like for as long as you still have the health and wellbeing to do so.  No point being the richest person in the rest home having your nappies changed for you is there!"

[Basil]

Perhaps the Christmas/New Year trading halts allowed some time for reflection.
Basil did say,
"In a major change to my primary Invesment objective going forward I reckon when you hit 60 you might as well rejig your portfolio for maximum income and enjoy whatever expensive hobbies you like for as long as you still have the health and wellbeing to do so.  No point being the richest person in the rest home having your nappies changed for you is there!"

Exactly.  Having a very expensive hobby you enjoy tends to sharpen one's focus quite considerably!  ARV was the only share I held that didn't fit the yield criteria and yes, on reflection over the holiday period I decided it was a mistake to get back in.   
 

[Perky]

Good on you Basil. You make whatever decisions you want for your investments.

ARV certainly outside your normal div hound forays like GNE, WHS, TRA etc

You'll be alright TRA div yield going up everyday.

I'm actually getting more interested in ARV...reckon I can get better than your 8%...will take some as div and the rest as capital growth. Actually wish they didn't pay any div at all and just reinvested in growing the business

My investment window for retirement stocks 20yrs+ or until the graph showing aged population growth demand bends the other way

Good luck with ARG..Hope it meets you expectations

[Basil]

Yeap, horses for courses mate.  If I was still in my thirty's, forties or even fifties I reckon the original strategy for ARV as earlier articulated late last year for ARV is a very good one.  It was only a very small toe in the water 2% portfolio position.  Best to stick to what you believe in, "To thy own self be true" philosophy 101, as well as adapting your investment strategy as you journey through life.  In my professional career I have watched so many retirees be asset rich and too cash flow poor to enjoy themselves in their retirement years it makes me cringe now whenever I see it and it's definitely not a trap I'm going to fall into ! 

If you are a dividend hound at heart stick with it I reckon.  The former user handle of Beagle was chosen for a good reason, they're obsessed with where their next feed is coming from lol

P.S. I believe TRA can maintain their 10% gross yield but its been very painful seeing past unrealised profits being whittled away. 

[winner (n)]

This Arvida village sounds a bit munted

At least residents OK even though some have lost everything

https://www.stuff.co.nz/national/300795202/92yearold-blacks-out-as-floods-devastate-auckland-retirement-village

[Basil]

Must be really traumatic for the old folks.  I really feel sorry for them.

[winner (n)]

Must be really traumatic for the old folks.  I really feel sorry for them.

Probably one good reason for living in a retirement place ....... In times like this likely to be looked after etc instead of being scared out of your wits alone at home.