SUM - Summerset Group

[Joshuatree]

Last i looked MET, RYM and SUM are all roughly 10% off their highs .

[Onion]

If you compare the SP charts for SUM, RYM and MET, depending on the timeframe each of them can look to have performed the best at various times:

1 Year: Best is RYM (+63%), MET & SUM (+30%)
6 months: Best is MET (+26%), then RYM (+11%) and SUM trailing at +6.5%
3 months: Best is SUM (+1%), then RYM (-4%) and MET languishing with -9%
1 month: all a bit sad

[winner69]

If you compare the SP charts for SUM, RYM and MET, depending on the timeframe each of them can look to have performed the best at various times:

1 Year: Best is RYM (+63%), MET & SUM (+30%)
6 months: Best is MET (+26%), then RYM (+11%) and SUM trailing at +6.5%
3 months: Best is SUM (+1%), then RYM (-4%) and MET languishing with -9%
1 month: all a bit sad

Today

MET up 1.5%
RYM up 0.5%
SUM was DOWN


that SUM looking a bit of a dog at the moment ...but hanging in there ....just

[couta1]

Today

MET up 1.5%
RYM up 0.5%
SUM was DOWN


that SUM looking a bit of a dog at the moment ...but hanging in there ....just

Rym only up last 5 mins of day otherwise down more than Sum on swap average

[winner69]

Rym only up last 5 mins of day otherwise down more than Sum on swap average

But just like the batsman given out lbw even when he hit it the fish and chip wrapping tomorrow will say SUM down and the other 2 up

[Xerof]

SUM closed unchanged today. Which wrapper are you reading?

but you are right, it's been barking recently

[couta1]

But just like the batsman given out lbw even when he hit it the fish and chip wrapping tomorrow will say SUM down and the other 2 up

Oh well those international volume boys will be sleeping on open tomorrow so Rym will head straight back down again and Sum up hopefully

[winner69]

SUM closed unchanged today. Which wrapper are you reading?

but you are right, it's been barking recently

Was looking at Findata

They had a 330 close yesterday so down 2 cents

They must be wrong then

Sorry couta ...unchanged then ...but still the other 2 outdid them

[troyvdh]

Giday..I for one would like to know what the percentages of folk who actually invest in shares as opposed to those who trade in shares like MET SUM RYM...like I mean I suppose its fairly much a given that in time ..its a no brainer..re SP appreciation will occur of these companies....What intrigues me is the amount of comment about the daily fluctuations in share prices.

What am I saying ?. well have investors matured to the point where an investment in shares is viewed as an "investment"...or a "profitable short term trade".

As we know our private debt to the world is virtually totally reliant on overseas dosh suppliers being nice to us.

So ..what is preventing us from being self funding in the way of investing...I understand that "we" have Billions of dollars in bank deposits....Like why would that be...its my belief that most folk have almost nil confidence in our sharemarket as a place to invest money in....WHY WHY....cheers

[Xerof]

Troy, let me explain my own circumstances:

I have two accounts, one for long term (the till 'death us do part' account), and a trading account, which for good order is set up as a company, which pays corporate tax on nett trading profits less deductible expenses

over the past few days, I have bought for both accounts, in fact I bought SUM more for the trading account again today

so if it may seem I speak with forked tongue, unfortunately it's true!


I think you will find a disproportionately large number of contributors on SHARETRADER are traders, not long term investors. It's the nature of this beast