yeah but I mean "SUM" share price, no more down pressure sort of trends.
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applies to all
But residents of retirement villages shifting into on-site rest home care could find themselves faced with extra charges, a report from the Commission for Financial Capability said
https://www.stuff.co.nz/business/mon...est-home-rooms
Over the next 5 years or after 5 years?
I keep thinking back to the population in the 1950s (globally and country specific)... versus now... and how fast technology and population growth is moving. I get a feeling there is some serious unchartered territory coming up...
Agree to that. Trends are only relevant if the underlying factors are the same.
I wonder. Given that SUM offer more focus on nice homes, and given that the property market is losing steam, if people will hold off moving until they need to. Which means more needs based requirements, not the snazzy houses SUM offer. I wonder if SUM will dwindle while cheap, care focused villages will benefit (OCA).
Or maybe they'll all perform poorly as punters don't take the upsell (where all the money is).
https://www.abc.net.au/news/2019-07-...ourne/11266364
its only been two years and now it seems turning...
Slowly increasing over the last two weeks. Nice to see up momentum......... I hope I have not jinxed it lol
I'm watching closely ... the MACD is positive and trending upwards, but the 30 day MA is still well below the 100 day MA.
I have also seen suggestions that the Q2 results which are due out shortly may well be disappointing, pushing the SP lower ...
I'm still sitting on the sidelines with this one. I badly mistimed this one, buying shares in the $6 and $7 range, so well under water and approaching with caution. I'm keen to average down, but not so keen that I'm going to leap in just yet.
Which may well mean I miss a golden opportunity, but there you go ...
The housing shortage and companion residential price increase has been amplified in the past few years by a high level of net immigration. Don't forget that is an aberration from the norm and we could easily return to a net emigration if the NZ economy goes down but Australia and the UK or Canada remain OK. I realise that the housing shortage has resulted from more than just the migration trend but that is the most recent underlying factor.