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28-06-2017, 09:42 AM
#5041
make hay while the sun shines as they say as the heat on the sector in AUS heats up , in todays paper
"Elderly people have no status. Everybody knows that once you get old and you retire, you don't have any rights as elderly people."
Opposition Leader Bill Shorten went on the front foot and condemned the exploitation of vulnerable people.
"A nation that treats its old people in the manner in which we saw on television [ABC's Four Corners] last night should be ashamed of itself," Mr Shorten said
Yes once public opinion swings the politicians get on the bandwagon and the unregulated get regulated - the ball is rolling - make hay why the sun shines
http://www.canberratimes.com.au/busi...27-gwzncg.html
one step ahead of the herd
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28-06-2017, 09:49 AM
#5042
Originally Posted by winner69
You never know, the SUM share price might even go up today
Maybe even GAP up - I like that
But then impending property crash and the huge increase in the wage bill from next week could see it decline further. Not a good sector to be in at the moment I'm told.
yes..a sector to wait and see at the moment until the property market show a direction.
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28-06-2017, 09:50 AM
#5043
Summerset has a fantastic 94% satisfaction rate amongst its residents. Whenever I've been in a Summerset village the staff seem very professional and friendly and residents seem very contented.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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28-06-2017, 09:51 AM
#5044
Originally Posted by bull....
make hay while the sun shines as they say as the heat on the sector in AUS heats up , in todays paper
"Elderly people have no status. Everybody knows that once you get old and you retire, you don't have any rights as elderly people."
Opposition Leader Bill Shorten went on the front foot and condemned the exploitation of vulnerable people.
"A nation that treats its old people in the manner in which we saw on television [ABC's Four Corners] last night should be ashamed of itself," Mr Shorten said
Yes once public opinion swings the politicians get on the bandwagon and the unregulated get regulated - the ball is rolling - make hay why the sun shines
http://www.canberratimes.com.au/busi...27-gwzncg.html
You can't compare Apples with Oranges, NZ have a completely different model to the Aussie companies ie It's called Continuum of Care. PS-We don't like following the Aussies now do we, eg Think CGT.
Last edited by couta1; 28-06-2017 at 09:53 AM.
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28-06-2017, 09:52 AM
#5045
Originally Posted by Beagle
Summerset has a fantastic 94% satisfaction rate amongst its residents. Whenever I've been in a Summerset village the staff seem very professional and friendly and residents seem very contented.
its easy to be confused by residents appearance - most docile people look content
one step ahead of the herd
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28-06-2017, 09:55 AM
#5046
Originally Posted by bull....
its easy to be confused by residents appearance - most docile people look content
Just look at the average NZ resident...
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28-06-2017, 09:56 AM
#5047
To be fair; i think some of the 4 corners programme may be unbalanced, worth reading AOG's right to reply Aveo's response to Fairfax/Four Corners but yes some things need sorting out for sure. I do wonder if the retirement/care/prop industry won't be as rosy an investment going forward but still think its a good investment and better for it after being scrutinised and improved esp for elderly folks rights and self respect.
With the NZX having 5 such companies listed we had better get the model sorted!
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28-06-2017, 10:01 AM
#5048
Originally Posted by couta1
You can't compare Apples with Oranges, NZ have a completely different model to the Aussie companies ie It's called Continuum of Care. PS-We don't like following the Aussies now do we, eg Think CGT.
Pay day comes to these operators when a resident moves out or dies.
one step ahead of the herd
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28-06-2017, 10:02 AM
#5049
Boom! 480 on opening....
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28-06-2017, 10:07 AM
#5050
Originally Posted by bull....
its easy to be confused by residents appearance - most docile people look content
Ask Couta1. He has the most experience on here interacting with residents at SUM villages and I am sure he will confirm that by and large they're satisfied customers.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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