SUM - Summerset Group

[Bjauck]

They start together at 0% at the XY origin at the end 1/3 of the graph. Overall it is just zoomed out a little to get the grand scheme of things

I think I see what happened ...I selected the S&P index for a 3 year comparson. So the chart was recalibrated to 0% at the date that S&P took over management of the index. Sorry folks. How about this one...MET comes out on top.
Attachment 8231

[OldGuy]

Thanks BJ. I see that your chart stops at 1 August 2016. Is it possible to show what it looks like up to today??

[stoploss]

No surprise there as SUM's compound annual growth rate in underlying earnings over the last 5 years is 44% per annum, vastly outstripping the CAGR of RYM. SUM undoubtedly the fastest growing stock in the sector.
Long term shareholders in RYM will be very pleased but anyone who's bought in the last couple of years has every right to be disappointed with how the SP has underperformed relative to the sector and the NZX50.

Perhaps time for one of your superb charts mate, (picture says 1000 words) comparing MET, SUM @ RYM to the NZX50 over the last two or three years ?

P.S. I seem to recall that we did try and tell people a couple of years back that RYM had got well ahead of itself and we predicted 2 or 3 years of underperformance but the faithful didn't want to know.
SUM still my top pick in the sector for fast growth and most reasonable valuation. Seems a remarkable "Coincidence" that the market seems to be really starting to appreciate this stock since Mrs Barlow resigned.

Sharesight tells me 10 K invested into each of the three returned all up profit incl dividends from 14/08/2014 -14/08/2016 the following profit.

SUM $ 8358.84 35.44 % PA
MET $ 3825.20 17.56 % PA
RYM $ 2546.46 12 % PA

Fair call Roger but you are rewriting history a bit .Remember your SUM love affair , then you were jilted by Norah and you got a bit upset. Declared RYM best of breed ,then wrote RYM off saying FV was $ 6.50 and thats where you would buy it . Then fell in love with both of them again, maybe SUM more so ...More flip flops than David Cunliffe .......
Overall great sector to be involved with , I still rate RYM best of breed , great we all making more than the bank pays .Happy that you made the most of the opportunity cost .

[OldGuy]

LOL. Was just thinking the same thing, stoploss. In fact, I recall having quite a few debates with Roger over the last couple of years where I declared SUM to be the best and he instead backed RYM. Knew he'd come to his senses eventually, though

[Bjauck]

Thanks BJ. I see that your chart stops at 1 August 2016. Is it possible to show what it looks like up to today??

No Problems...here is a 3 year and a 3 month comparison.
Attachment 8232
Attachment 8233

[OldGuy]

awesome, thanks BJ

[winner69]

Bjauck - so SUM is the best since 18/8/2013?

[LAC]

Surely the comparisons need to be done at the same stages of the business? And how can we really compare them with such a huge difference in start times? RYM would have had more risk as they were doing the R&D in the sector?

[Bjauck]

Bjauck - so SUM is the best since 18/8/2013?

Only since S&P took over management of the NZ indices - I did not originally make an allowance for the recalibration to 0% at the time S&P took over. I think MET is the best performer over the full 3 year period.

[stoploss]

Sharesight tells me 10 K invested into each of the three returned all up profit incl dividends from 14/08/2014 -14/08/2016 the following profit.

SUM $ 8358.84 35.44 % PA
MET $ 3825.20 17.56 % PA
RYM $ 2546.46 12 % PA

Fair call Roger but you are rewriting history a bit .Remember your SUM love affair , then you were jilted by Norah and you got a bit upset. Declared RYM best of breed ,then wrote RYM off saying FV was $ 6.50 and thats where you would buy it . Then fell in love with both of them again, maybe SUM more so ...More flip flops than David Cunliffe .......
Overall great sector to be involved with , I still rate RYM best of breed , great we all making more than the bank pays .Happy that you made the most of the opportunity cost .

5 Year numbers ,obviously RYM paid out more in dividends .
SUM $ 27907.02
MET $ 20563.28
RYM $ 28560.40