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22-11-2012, 12:10 PM
#101
Originally Posted by SparkyTheClown
Hell, she's taken off. Bugger I sold out the other week, as I said, I found my next opportunity. Anyway, good health and cheers to those who are holding.
In your own good time you may wish to share wish us your "next opportunity".?
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27-11-2012, 11:20 AM
#102
Nice little increase over the last few days, glad I bought in. Seems the market has liked the last 2 announcements.
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12-12-2012, 05:26 PM
#103
Added to the NZX50 from 24 December.
Plus CEO Norah Barlow is a finalist in the Herald's Business Leader of the Year. All good ...
Last edited by artemis; 12-12-2012 at 05:35 PM.
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09-01-2013, 10:55 AM
#104
Does anyone have any indication of when SUM will start paying dividends?
I see they already have a DRP. ( http://www.findata.co.nz/Markets/NZX...tment_Plan.htm )
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09-01-2013, 01:52 PM
#105
I seem to remember either hearing or reading it would be at the end of this year.
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09-01-2013, 01:55 PM
#106
Originally Posted by percy
I seem to remember either hearing or reading it would be at the end of this year.
Cheers Percy. You always reply to my posts when no-one else does Thank you.
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10-01-2013, 02:01 PM
#107
Summerset annual sales climb 33%, beating IPO forecast
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10-01-2013, 09:40 PM
#108
Originally Posted by SparkyTheClown
A nice sounding update for the market, though it barely moved the needle on the shareprice - only up 1 cent to $2.27, with intraday trading up to $2.35 at one point.
I think investors should wait and see the earnings, which I anticipate being good news as well.
The earnings will have to be good; the p/e ratio is an inflated 112!
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10-01-2013, 09:42 PM
#109
Interesting fact.
When Ryman had a market cap of roughly $485 million in 2005 (what Summerset is now) it was making about 24 miilion in profit. Summerset makes 6 million. Rymans return on equity was around 12.5% while Summerset is 1.8%
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10-01-2013, 09:50 PM
#110
It could be a swift tumble if things turn sour/people lose hope in SUM.
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