SUM - Summerset Group

[Zaphod]

SUM is also in my long-term portfolio for it's CG potential. I'm not really interested in the dividends at all, and I would actually prefer that they don't pay any if the cash is better used to build more sites & facilities.

I first bought in circa $2.80 mark, so happy thus far. Will top up when the opportunity presents itself.

[Xerof]

There's a price GAP between ~4.93 and 5.00 which is being closed. Might buy some more on Monday

SUM gap.png

[winner69]

That Tegel Chairman Ogden who packed a sad the other day seems to jinx a few other companies lately - also a director of Warehouse And Summerset Group

I prefer lucky directors whose good fortune rubs off on the companies they run

[trader_jackson]

There's a price GAP between ~4.93 and 5.00 which is being closed. Might buy some more on Monday

I am sorry to say, because now OCA is listed SUM will now skyrocket up again, because SUM only went down because of OCA, right? (I don't believe this, but some on here like to think this)

[Ggcc]

Waiting in the corner with money ready to invest....... how low will summerset go is the question? I think growth in profit will still be within 35-40 percent for the year and more growth on the horizon. But then the guy who wrote rich dad poor dad expects a market crash within the next three years........? Oh we live in interesting times. What should we invest in for the future......? My guess the elderly 😊...

Do your own research of course 😊

[couta1]

Waiting in the corner with money ready to invest....... how low will summerset go is the question? I think growth in profit will still be within 35-40 percent for the year and more growth on the horizon. But then the guy who wrote rich dad poor dad expects a market crash within the next three years........? Oh we live in interesting times. What should we invest in for the future......? My guess the elderly ...

Do your own research of course 

Indicators showing it's getting into oversold territory.

[JeremyALD]

Indicators showing it's getting into oversold territory.

Hard to believe it's $4.95. It's lower than before they announced their end of year results which beat expectations! I think it's heading lower in the short term, might need to ride this one out.

[couta1]

Hard to believe it's $4.95. It's lower than before they announced their end of year results which beat expectations! I think it's heading lower in the short term, might need to ride this one out.

Definately a ride out, too good a stock to sell out on a market over reaction. PS-Down 5% currently

[Master98]

MET sp already drop below 4 traders valuation range $6.61~$7.45, SUM sp still inside 4 traders valuation range $4.7~$6.18, so SUM sp theoretically still has more space to drop.

[couta1]

MET sp already drop below 4 traders valuation range $6.61~$7.45, SUM sp still inside 4 traders valuation range $4.7~$6.18, so SUM sp theoretically still has more space to drop.

And you believe 4 traders? take a look at some of their other valuations on other stocks and cringe. PS-Throwing darts probably just as accurate a method as using their valuations.