Ryman looks like a classic value trap
ANALYSIS: If you think a company must be ‘value’ because its share price is down 50%, look again.
Ryman was clearly an in-favour NZX listed business as 2020 began.
It is a fact that Ryman Healthcare enjoyed a stellar run from 2009 to 2020, up nearly 1800% from 85c to $16. It can also be readily assumed that a bunch of investors made good money from holding Ryman over parts of this 10-year period. Sustained periods of strong returns that create investors
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