Hope it doesn’t go back one (or more) dividend ..just as it was looking promising
Don’t forget Couts - in Budget lingo 80 cents of divies coming our way
There's a TRA presentation on Christchurch end of this month / early next. Date and time to be confirmed.
https://www.nzshareholders.co.nz/sha...D=6&branchID=5
I don't hold, but I do follow this thread. I just can't quite get the 'drift' of this company, so I'll probably go along. Heads up to anyone else in the Christchurch area that might be interested.
time to bring back the share buyback
I see the Panmure Buy right site has now been rebranded - looks the part
You were right percy n that post you've deleted
While TRA 35% off it's highs SUM is about the same (but only 30%)
Both priced as if a no / low growth company
Always best to buy when this is the case (as opposed to buying when overprices) - you get the benefit of the growth and the rerating eh
SUM and TRA punters will do well in future from these low prices
Your figures do not account for the extra dividends TRA shareholders received.I noted SUM's sp was down 23% in the past year while TRA's was down 21.2%.These figures did not account for dividends.And as I had trouble working them out ,as I could not remember the amount SUM's dividend was imputed,I deleted my post..TRA's offcourse is fully imputed..
Bit easier for TRA shareholders with TRA paying about three times SUM's yield.
As per the deleted post I like both companies,and find it somewhat confusing, that most posters on this thread rubbish TRA,while on the SUM thread they think the opposite.
,
A two year view of SUM v TRA Attachment 10597
I note a little bit of interest drummed itself up on the buy side for a while today. as commented on by couta it was very vacant there initially and does seem to have thinned out at close.
price closed up 2 but only buyers sitting at -8. :mellow:
Looks to me as though a buyer sits on the side lines ,and waits for sellers to show their hand,before he decides whether to buy or not.
If you watch PAZ on www.usx.co.nz the seller takes the same, but opposite view.[Figure that out if you can]
Both seem to have a good buy/sell model."It really works".