SUM - Summerset Group

[BlackPeter]

Love it. I'll go same resales as last quarter (can't remember the figure) and 80 new sales.

Anyone else wanna have a stab? Never know, might even be a bit fun!

Poll??

O.K. without any insider knowledge - here is my (optimistic) stab in the dark:

40 resales (a bit better than last quarter - we just went through winter ...) and 84 new sales (roughly one third of their yearly production - it was spring after all ...). I.e. my estimate is a total of 124 sales for this quarter (edit: didn't manage initially to correctly add 40 and 84 together . Maybe I better get an accountant to check my posts before I post them?).

[winner69]

Q1 was 3 up on last year. Q2 was 3 up but Q4 was 3 down so some loose logic would say Q4 would be 3 down as well - being 108

But to get annual growth back on track I say 166 - that means annual growth in 2012 of 43% followed by 21% in 2013 and 166 would take 2014 growth to 14%. Sounds fair enough

[Snow Leopard]

the Walrus said, "That they could get it clear?"


...and I will just keep an eye on the Share Price & Volume.

Best Wishes
Paper Tiger

[couta1]

I am not sure where the sp is going, but have noted the low was on 16/10/2014 at $2.61,then on 11th Nov the next low was $2.64 and on the 9th December it was $2.67.So it could be forming a base.The 50 day EMA is $2.74 so maybe ???
I am watching with interest.!

There you go Percy just for you it finished up at $2.74

[percy]

There you go Percy just for you it finished up at $2.74

Great effort there Couta1.
Poised??!!!!!

[BlackPeter]

First time for a while that there are more bidders than sellers in the market - and the price is trending upwards. Maybe the NZ Super purchases have been inspirational - might be the start to a nice little rally?

[winner69]

Yep, the NZ super purchases are the only catalyst that I can see. Interesting how influential its been. very noticeable/abrupt shift in sentiment. Long may it last!

Talk of 166 sales in Q4 has set the share price alight

NZ Superfund was just topping up, had to something with all the new dosh coming. That took them over the 5%

[ratkin]

Maybe people have begun dying at a faster rate due to summer being cancelled
That should improve the mood of the forum

[Tevita]

Maybe people have begun dying at a faster rate due to summer being cancelled
That should improve the mood of the forum

Have just returned from an Australian holiday. Sydney Morning Herald death notices are regularly quarter the number of the NZ Herald. If only for the sake of greater longevity we are considering
moving back. Local medication here is no panacea..

[winner69]

$2.80. that is a nice climb.

Close at this would be highest close for more than 2 months

And a sales announcement coming up