-
18-10-2016, 07:13 PM
#3841
 Originally Posted by percy
Nice to see Craigs have added SUM to their "conviction " list with a buy recommendation.
OH NO
Last time this high conviction list was mentioned on ST when they put AIR on it close to $3
SUM doomed now being on this exclusive list?
At the top of every bubble, everyone is convinced it's not yet a bubble.
-
18-10-2016, 07:15 PM
#3842
Originally Posted by winner69
And its nearly 20% down from the $5.62 high just over a month ago
That's more than a (healthy?) correction - thats a CRASH
You can double team with Roger and maybe push it down a bit further, might become interesting soon
-
18-10-2016, 07:31 PM
#3843
Originally Posted by winner69
OH NO
Last time this high conviction list was mentioned on ST when they put AIR on it close to $3
SUM doomed now being on this exclusive list?
Craigs are not alone.
Saw a broker's research today that has AIR as an "out perform".
I am comfortable holding my self given "bonus " shares in both RYM and SUM.
Boomed or doomed they retain their place in my diversified "well positioned" portfolio.
-
20-10-2016, 03:13 PM
#3844
Least it didn't stay under 460 for long - huge sigh of relief
At the top of every bubble, everyone is convinced it's not yet a bubble.
-
20-10-2016, 04:40 PM
#3845
Originally Posted by winner69
OH NO
Last time this high conviction list was mentioned on ST when they put AIR on it close to $3
SUM doomed now being on this exclusive list?
It would appear so.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
20-10-2016, 05:10 PM
#3846
Originally Posted by winner69
Least it didn't stay under 460 for long - huge sigh of relief
In the current market conditions, I wouldn't count your chickens just yet, volatile is the name of the game atm and with no clear direction anything could happen, still if your long then why worry aye, just cast your mind 5 yrs from now and relax.
-
20-10-2016, 05:23 PM
#3847
Originally Posted by couta1
In the current market conditions, I wouldn't count your chickens just yet, volatile is the name of the game atm and with no clear direction anything could happen, still if your long then why worry aye, just cast your mind 5 yrs from now and relax.
That is the thing though Couta, they are not in for the long term, when it suits they will post on the companies glowing long term prospects (after they have just bought) Then when they are out they will fill the board with negativity.
-
20-10-2016, 05:32 PM
#3848
Originally Posted by ratkin
That is the thing though Couta, they are not in for the long term, when it suits they will post on the companies glowing long term prospects (after they have just bought) Then when they are out they will fill the board with negativity.
So much cynicism...I still hold half  Its a great long term hold but the short term correction probably still has some sting in its tail so its immediate short term price direction is as clear as mud, hence why a prudent risk averse investor hedges his bets !
Perhaps you'd like to update us on your opinion of the stock, its future earnings, whether we should be valuing it based on realised profit of IFRS profit and why and how you think this stock compares to RYM and MET.
Last edited by Beagle; 20-10-2016 at 06:33 PM.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
28-10-2016, 08:57 AM
#3849
New profit guidance signals underlying earnings growth between 40% and 46% this year!
https://www.nzx.com/companies/SUM/announcements/291639
-
28-10-2016, 09:23 AM
#3850
Originally Posted by OldGuy
About time they came clean
Guidance as I expected
On track to NPAT of $120m - the number I have been touting since early in the year
Thats an eps of 55 cents a share - deserves a share price in excess of $6
At the top of every bubble, everyone is convinced it's not yet a bubble.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Reply With Quote
Bookmarks