SUM - Summerset Group

[Beagle]

just a follow up on the suggestions vaygor1 made recently in this forum (post #1279 and #1285):

I contacted SUM following these allegations and received a response directly from Julian Cook. He clearly states that they (SUM) have no relationship with the organiser of this competition and he points out that during the 15 years this contest is running as well RYM and MET have been under the winners for some years as well. He highlights that selection of candidates or judging criteria are a matter for the organisation concerned (i.e. seniors-housings) and that they (SUM) have been only informed after a decision has been made by the panel.

Still waiting for a meaningful response from seniors-housing and shall keep you posted if anything relevant eventuates.

This...its time Vaygor1 for you to move on from your disingenuous claim surrounding the award. I know for a fact that Ryman won this award several times and at times in the past this fact has been well publicised in their marketing and promotional material. On the other hand allegations of insider trading by one of the Directors appear to be extremely well supported by the facts.

[couta1]

Perhaps Vaygor1 would like to comment on how legit the Readers Digest 2014 most trusted brand award Ryman have recently won is? That award seems a lot more subjective than the Sum award we are talking about here,just saying.

[winner69]

Well I'm sorry I don't see what the issue is.
Here's the awards criteria for 2014 - http://seniors-housing.net/core/awards-2014/

Here's the home page of the website.
http://seniors-housing.net/core/

I take it one of these major brands won't be in the running, whoever they are.

Not a good look for the sector

http://seniors-housing.net/core/majo...or-reputation/

Major companies contributing to diminution of sector reputation
September 9, 2014


Major companies are contributing significantly to a growing lack of confidence in the integrated retirement village sector, with their growing propensity to simply shrug off adverse coronial findings with platitudes, legally screened brief apologies and a vague promise to address shortcomings.

In the past six months, three national brands have been excoriated in coronial findings.

There is a growing unease about the sector. A sense that it is more dangerous to go into a care environment, than to stay at home…

… Full story covered in the AGED CARE HOUSING WEEKLY

[winner69]

This village sounds a good place

http://seniors-housing.net/core/alle...ement-village/

[winner69]

And Ryman building 'prisons' even get a mention

Ryman promoting “prison institution” look in first Australian project

September 4, 2014


closed-jail-barsMELBOURNE: New Zealand based Ryman Healthcare has built a ‘tribute’ prison as its first offering to Australian clients.

The fortress structure is a re-embrace of both white Australian roots and a reminder to its residents of the ‘institutionalism’ of the 1950s.

It is a soulless amalgam of concrete and steel, with the design characteristics of the Pentagon.

It is an appalling age-apartheid compound…

Weary Dunlop Retirement Village
Image Source: Ryman Healthcare Limited (RYM) / NZX Annual Results Presentation – March 2014 (pg 15)

… Full story covered in the AGED CARE HOUSING WEEKLY

[winner69]

Hope this fate don't affect SUM when the inevitable happens in NZ

http://seniors-housing.net/core/reti...ued-downwards/

[winner69]

Don't know what efficacy really means but it sounds painful

http://seniors-housing.net/core/effi...urt-challenge/

[winner69]

Hope SUM not building too many of these institution type villages

http://seniors-housing.net/core/inte...titutionalism/

[winner69]

You all laughed at me when I said Gran would go and live with the kids or grandkids instead of going to a village

http://seniors-housing.net/core/mult...search-centre/

[winner69]

Your fault Roger for starting this

Before I give this outfit my money does anybody subscribe to Seniors Money Weekly thing?

Worth it?