margin still to be announced so i reserve comment , but given the recent flurry of bonds it will need to have an attractive rate otherwise it might bomb.
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margin still to be announced so i reserve comment , but given the recent flurry of bonds it will need to have an attractive rate otherwise it might bomb.
Tj I apologise for sounding unreasonable in earlier post. I meant to change what I said but you had already replied.
On saying that you do do seem to lose a bit of subjectivity and balance in your views - you are better than that
Cheers
Wonder if they're gearing up for the start of their Australian expansion ?
Mr Market doesn't seem to like the idea of bonds. $4.85 and dropping.
Low volume, small holders doing the selling, probably old school thinkers who think any increase in debt is a bad thing/sign. A bond offer a bit outside of the square for SUM. PS-I was in that category myself a few years ago, until I realized it was flawed thinking. PPS-Take note, no big holders selling down, no Insto's selling either.
indeed Couta1 - the bond issue (if successful) will diversify their capital base and likely improve performance metrics
Couldn't agree more.
On the matter of a dropping share price. Good. I hope it drops another 20+ cents and then I'll be ready. Can drop another dollar for all I am worried , will make for a very good opportunity for me. Long term I see a inexcusable reason for this business not to do well. I'n 3 years time.... in 6 years.
Disc. Hold a reasonable parcel and very happy with the performance - so I am biased in the fact I like this company. Happy long term holder