Retirement village operators

[couta1]

The NZX50 is up 29% this year mate.

Just did a total calc on all my trading/divvies and current portfolio increase and I'm up about 24% and that's with a couple of major milk tanker leaks.PS-Good chance of coming home hard on the home straight to top that 29%.

[winner69]

The NZX50 is up 29% this year mate.

So sum shares in particular have under performed this year

[Baa_Baa]

So sum shares in particular have under performed this year

Not for buyers at the lows 😀

[Beagle]

So sum shares in particular have under performed this year

SUM still lower than they were in August 2018 mate and are still incredibly cheap for their track record of growth and prospects.
2020 going to be a huge year for SUM in my opinion.

[winner69]

If the MET things goes ahead no doubt most of the proceeds will stay in the sector

That’ll create a lot of buying

Good eh

[Lola]

if the met things goes ahead no doubt most of the proceeds will stay in the sector

that’ll create a lot of buying

good eh

interesting announcement from pil today....another option to look at. But bal may not approve.

[Beagle]

If the MET things goes ahead no doubt most of the proceeds will stay in the sector

That’ll create a lot of buying

Good eh

Yes, SUM things make a lot of good common sense.

[Joshuatree]

interesting announcement from pil today....another option to look at. But bal may not approve.

So Taciturn Lola. Care to put some flesh on the bones of your words, a link maybe, thanks.

[King1212]

On PIL announcement

[Joshuatree]

Thanks , here i will put the link in for both of you. PIL mkt cap $4.3 million.


Promisia Integrative Limited (“PIL”) - Suspension

"NZXR has suspended the quotation of PIL ordinary shares after the announcement by PIL that it had entered into a conditional agreement to acquire certain aged care facilities (the “Acquisition”). The Acquisition constitutes a reverse listing which, in accordance with NZX guidance, triggers a suspension of quotation."

[penn]

Interesting that SUM are going up with MET, I thought that the more shares needed for a takeover then if SUM was one of the other two bidders for MET their share price would be static or down. The ones going down today are RYM and ARV .

[oldtech]

SUM have been heading up since July, so I'm not sure this is related to MET

[macduffy]

Interesting that SUM are going up with MET, I thought that the more shares needed for a takeover then if SUM was one of the other two bidders for MET their share price would be static or down. The ones going down today are RYM and ARV .

I doubt that SUM is one of the bidders, they have their own comprehensive expansion plans. However, if they were and if they planned a scrip offer, it would make sense to bid their shares up to minimise the cost ( in shares) to them.