might have a sniff at 5.40 - 50 for short bounce
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might have a sniff at 5.40 - 50 for short bounce
The 'holding up pretty well really' was clearly not going to last... if it gets into the low-mid $5, I could be come sumwhat interested... most of the risks (slower sales, higher leverage, building more than can be sold, poor continuum of care, just to name a few) should then be priced in.
Then again, the experts at Forsyth still saying its all good... $7.35 buy price
Then again, the same guys say ARV is worth north of $1.60 for a couple years now so maybe not so experty
Average ratio is 55% which is $6.63 for SUM.Lol
Ladies and Gentlemen. The Couta1 relativity theorem is THE GOLD STANDARD and has stood the test of time for well over half a decade. 55% price relativity to RYM is the average according to the author of this foolproof theory and therefore the stock has a current fair value of $6.63. Forget about TA, FA quarterly results and everything else lol
The average since listing (on monthly closes) is SUM being 50% of RYM and essentially has ranged from 40% to 60%
Has been like this for ages and probably will be like this for ages to come.
As posted the other day .....the red line has gone down a fraction eh
So versus the ‘mean’ at the moment SUM is slightly undervalued v RYM ......but significantly undervalued v OCA ....no that’s funny
Since further growth is likely to be low is there any reason SUM should sell for more than its net assets ? MET is below net assets.