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05-05-2017, 04:28 PM
#4551
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.
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05-05-2017, 05:56 PM
#4552
shakin' the chicken bones
There's a price GAP between ~4.93 and 5.00 which is being closed. Might buy some more on Monday
SUM gap.png
Last edited by Xerof; 05-05-2017 at 11:21 PM.
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05-05-2017, 06:30 PM
#4553
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
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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05-05-2017, 06:44 PM
#4554
Think again...(?)
Originally Posted by Xerof
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)
Last edited by trader_jackson; 05-05-2017 at 06:47 PM.
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08-05-2017, 04:06 PM
#4555
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 😊
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08-05-2017, 04:31 PM
#4556
Originally Posted by 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
Indicators showing it's getting into oversold territory.
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08-05-2017, 04:38 PM
#4557
Originally Posted by couta1
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.
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08-05-2017, 04:46 PM
#4558
Originally Posted by JeremyALD
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
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08-05-2017, 04:46 PM
#4559
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.
Last edited by Master98; 08-05-2017 at 04:48 PM.
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08-05-2017, 05:04 PM
#4560
Originally Posted by 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.
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.
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