SUM - Summerset Group

[troyvdh]

New guy and gv...in the past I've been cocky....no offence but you guys must be young...nothing wrong with that at all. It's a funny old world sometimes.....do not forget a bloke called Murthy...go we'll

[gv1]

New guy and gv...in the past I've been cocky....no offence but you guys must be young...nothing wrong with that at all. It's a funny old world sometimes.....do not forget a bloke called Murthy...go we'll

Yeah as you see it. I made my mistakes but since last yr, you can see I have done the homework. I have given honest opinions on stocks that was pumped up and advised against it. With SUM, I bought over few years and have accumulated recently below $3. I know Mgment has not been upright with things But as s/holders you can do something about..This CO is not GFC type or SNK. Producing income and pays Div + growth.

[PartyPooper]

All the retirement companies on the ASX are rallying. SUM could be getting attention because it was seen as the only undervalued aged care company on the NZX?

Like most on here I would have been happy to top up SUM for below $3 before the whole drama started flying and the directors not taking responsibly. I'll keep watching and decide my course of action as to hold or accumulate.

Right now RYM has my attention and will continue to if it heads towards $7-$7.50.

[ratkin]

Good for you couta..........I became a better investor after I learnt more about TA......certainly teaches you about when and when not to enter.

It can also make you too twitchy, a watched pot never boils. Every few months most stocks throw off one sell signal or another. People have no patience anymore. Just have a look at a ten year chart or Ramsay healthcare to see what patience can do for you.

If you want to be a trader then you will need to know TA inside out , if on the other hand you want to be an investor then you need to learn patience.

[macduffy]

It can also make you too twitchy, a watched pot never boils. Every few months most stocks throw off one sell signal or another. People have no patience anymore. Just have a look at a ten year chart or Ramsay healthcare to see what patience can do for you.

If you want to be a trader then you will need to know TA inside out , if on the other hand you want to be an investor then you need to learn patience.

Yes, a lot of truth in that, ratty. I'm basically a longterm investor but application of a few simple TA "rules" has kept me out of a few bad "longterm" investments and improved my timing in other cases. As for SUM, I'm there - longterm?

[Bjauck]

I must admit - given past history with SUM - I am a bit sceptical that there may be some inside information trading or leaked information with this latest price increase so close to a results announcement.

[NZSilver]

I must admit - given past history with SUM - I am a bit sceptical that there may be some inside information trading or leaked information with this latest price increase so close to a results announcement.

I have to agree, thought about selling some of my holding today but LT shes a goody I think & it does seem to be a leaky ship...

so holding

[BlackPeter]

Director nomination time ... just wondering, given that the board seemed to be at least in the past sometimes in need of direction - anybody on here wants to give it a go?

[huxley]

I nominate Roger.

[Beagle]

I nominate Roger.

Norah loves me I'd love to but I doubt my blood pressure pills would be effective working with SUM's management and other board members. I'd have to double down on my meds
Sorry, as you were folks I couldn't resist. I did refrain from commenting on the recent SP rise just before the annual announcement so I did well to hold my tongue there and made no reference whatsoever to more leaks than a sieve.