Analysts unfazed by Ryman walking back guidance

Analysts unfazed by Ryman walking back guidance
Ryman Healthcare's Greenlane village in Auckland. (Image: Michael Craig)
Gregor Thompson
Two retirement village analysts, one bullish and one less so, have held their ratings on New Zealand Exchange-listed Ryman Healthcare despite the company walking back its cash flow guidance. In half-year earnings to Sept 30, released to the market on Thursday, the retirement living and aged care provider deferred previous guidance that it could achieve positive cash flow by the end of the 2025 financial year. It said it expected to have negative free cash flow between $50 million and $100m for the full year. While shares dipped 6...

More Property

Government looks to sell 35 homes in Waikanae
Policy

Government looks to sell 35 homes in Waikanae

Ministry to pay $21.5m and on-sell homes after developer triggers underwrite.

Clarkes hand over 'certain items' to Du Val receivers
Property

Clarkes hand over 'certain items' to Du Val receivers

The failed property group's founders had until Wednesday to front up with the assets.

Maria Slade 16 Jan 2025
Analysts expect RV companies to raise equity
Property

Analysts expect RV companies to raise equity

“We expect investor support for a capital raise," Jarden's Arie Dekker said.

Gregor Thompson 15 Jan 2025
Future of apprenticeships kicked down the road again
Property

Future of apprenticeships kicked down the road again

Industries will be presented with two options this month, the skills minister says.

Maria Slade 14 Jan 2025