Ryman Healthcare (RYM): Capital Reset – NZ$902m Capital Raise
Ryman Healthcare (RYM) has announced its much anticipated capital reset; RYM is raising NZ$902m via a 1 for 2.81 accelerated pro-rata entitlement...
323 Views
Aged Care Sector: Montgomerie-Ibbotson Aged Care Pricing Index (13-Dec-2022)
Our Montgomerie-Ibbotson (MI) index decreased very slightly in November, down -0.1% versus October 2022 and up +5.1% vs November 2021 - this is the...
453 Views
Aged Care Sector: What If? Fast Track to Ex-Growth
The aged care sector is valued around or significantly below equity book value, which suggests to us that the market is losing confidence not only...
363 Views
Ryman Healthcare: 1H23 Result — Capital Constrained?
Ryman Healthcare (RYM) added a further NZ$400m of net debt in 1H23 against our expectations of ~NZ$150m and now carry ~NZ$3bn of debt; the...
350 Views
Ryman (RYM): 1H23 Result – Initial Impressions
Ryman (RYM) reported a 1H23 result in-line with our expectations due to strong re-sale gains offset by higher costs and weak new-sale gains;...
445 Views