Anyone thinking you're too dogmatic about SUM should paws for thought because you're definitely not barking up the wrong tree!
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I for one thank you, as I have agreed with your posts and followed it by investing Big with this one at just under $4 average. It has done me well!! I am waiting for this to happen to Oceania now as well haha. I guess it will take a bit longer for that share, but it would not surprise me if Oceania gets over $1.50 in two years
Beagle ...still think you a bit light on your forecasted $100m Underlying Profit for 2018
Will be more than that ...I’ve told you before you’re always too ‘conservative’ (ha ha) when it comes to SUM forecasts .....and that I’m generally closer to the mark than you
Just a temporary fluke mate. All the proof you ever need that every dog has its day. I'm sure I'll get a reality check soon enough but I did read in yesterday's market close summary on the NBR that SUM was the second best performer of the NZX50 stocks so far this year with ATM a clear leader by miles ahead. If HLG were included in the NZX50 those three (which are my biggest three invested positions by quite SUM margin) I'd have the trifecta !
Of course a really cunning dog would just have a super big XXXXXXXXXXL position in ATM and another XXXXXL position in HLG...wonder who that extremely clever investor is :)
Hey Beagle me old mate, that article says FNZC '..... upgrade was due to an uplift in the amount of value attributed to future development "given increasing confidence in Summerset's approach to risk".'
Isnt that what you have been saying for ages