Its worthwhile to take a quick look at how the major retirement village players have fared over the past six months the results indicate it is the sector, not necessarily an individual company that is being battered on the stock exchange:
2008 JAN MARCH JUNE 6 MTHS
Becton $3.73 $1.95 $1.43 -62%
BBC $0.90 $0.52 $0.43 -52%
FKP / Aveo $6.41 $2.60 $3.40* -47%
Lend Lease $17.20 $12.75 $9.50 -45%
Prime Trust $0.86 $0.66 $0.47 -45%
Aevum $2.81 $1.65 $1.85 -34%
Stocklands $8.35 $6.10 $5.39 -27%
* $3.40 represents the market price for FKP two weeks ago before Lend Lease made a friendly takeover offer of $5.00 in shares and cash. They are currently $4.82.
