SUM - Summerset Group

[fiasco]

Guidance please, I remember seeing this somewhere and tried to search but came up with no avail.

With off market trades, what is generally the causation to the SP? Do they trade below the current listed price at a discount?

[macduffy]

Guidance please, I remember seeing this somewhere and tried to search but came up with no avail.

With off market trades, what is generally the causation to the SP? Do they trade below the current listed price at a discount?

As usual, it depends.

If the share is much sought after - and difficult to buy in large blocks - then it wouldn't be unusual to see an off-market go through at a premium to the last sale price. And the opposite effect if the market for the stock is liquid and trading freely in reasonable numbers. Depends also on what is perceived to be the motive for the sale - and who the seller and buyer are.

[skid]

looking for facts

[skid]

Skid I can't say exactly what I do in these companies for various reasons including having contracts to work in competing companies and not biting off the hand that feeds you, I have worked in 18 different retirement complexes over the years including 2 Summerset and 2 Ryman facilities,others include Bupa,Oceania,Presbyterian support,Terra Nova and various small private operators,never worked in a Met home to date though, so I've done a thorough study of the different continuum of care models,management structures,management operating styles,staffing operations including staff-management interactions and delivery of care standards etc, I have observed various changes over the last 2-3 years in certain companies in a negative way and others in an increasing positive way,so with my position on Sum I think you can draw your own conclusions,my wife also has extensive experience in the sector.

Correct me if Im wrong but I would have thought you could let us in on your thorough study of the different continuum of care models and still remain relatively anonymous--just put ''my research shows'' and give us the same sort of quality information that you have so often received from others.

You have to admit couts--just taking your word for it is a bit of a stretch-a bit more info would be extremely helpful.

[Joshuatree]

Yes i seem to remember you promising us this Retirement nous, knowledge way back when you arrived here couta?. Unfort i don't know how to find that thread.

[winner69]

excitement of the half year all over and everything back to normality again

SUM down and RYM up today

[ratkin]

Yes i seem to remember you promising us this Retirement nous, knowledge way back when you arrived here couta?. Unfort i don't know how to find that thread.

Skid , Joshuatree and Ginger steps , are you ganging up on Couta now?
Your all making posts relating to him and not the company. What value is that adding?

[fiasco]

excitement of the half year all over and everything back to normality again

SUM down and RYM up today

Strange indeed, oh well I think I need to just continue to not look at it and come back next year haha.

[couta1]

Skid , Joshuatree and Ginger steps , are you ganging up on Couta now?
Your all making posts relating to him and not the company. What value is that adding?

Thanks ratkin,yes good old social media beat up ,says a lot really,anyway I need to focus on other areas of my portfolio now which aren't looking too flash and make some tough decisions,if anyone has a genuine specific question on the likes of the continuum of care model please pm me,cheers

[Joshuatree]

Re RYM the cream always comes to the top ay
Yes reasonable questions ratkin and no; 3 strangers who have their own querys
What a long day so many half yearly reports out on the ASX today am stuffed, g nite