SUM - Summerset Group

[winner69]

SUM below all the MA's from 5-200 and currently sits on the MA250 line, how's those twitchy MA100 fingers going Roger.

No DEATH CROSS yet

No worries

[Beagle]

SUM below all the MA's from 5-200 and currently sits on the MA250 line, how's those twitchy MA100 fingers going Roger.

Grumpy Hound. Have a read of Rod Duke's speech in the Briscoe thread. He talks about how the company is going to meet and beat the challenges they face...shareholders don't want to hear about challenges, they want to hear from CEO's about how they're going to tackle them ! Julian Cook should take a leaf from Rod's book. Julian's still learning...

I seem to remember that new developments and build this year are weighted to the second half. I expect they'll come out with ~ $70m underlying forecast around the same time as they issued a forecast last year. We may need a bit of patience with this one mate.

[couta1]

Grumpy Hound. Have a read of Rod Duke's speech in the Briscoe thread. He talks about how the company is going to meat and beat the challenges they face...shareholders don't want to hear about challenges, they want to hear from CEO's about how they're going to tackle them ! Julian Cook should take a leaf from Rod's book. Julian's still learning...

I seem to remember that new developments and build this year are weighted to the second half. I expect they'll come out with ~ $70m underlying forecast around the same time as they issued a forecast last year. We may need a bit of patience with this one mate.

Yeah, didn't help that both the Chairman of the Board and the CEO said the same thing a couple of times, like you say still learning, have never heard Ryman say that, pays to keep things in house unless they are going to make a Definite difference.

[James108]

Purchased more at $4.92, which I see as better value than when I purchased at $4.8 several months ago.

[James108]

Yeah, didn't help that both the Chairman of the Board and the CEO said the same thing a couple of times, like you say still learning, have never heard Ryman say that, pays to keep things in house unless they are going to make a Definite difference.

I don't agree, the more information we have the better, maybe they need to clarify the risk.

[sb9]

I don't agree, the more information we have the better, maybe they need to clarify the risk.

Agree 100%, they sure know what's better in the interests of shareholders and investors.

[JeremyALD]

This one is making me a bit nervous. I feel very over exposed to SUM and I didn't expect it to fall below $5 again.

[winner69]

Agree 100%, they sure know what's better in the interests of shareholders and investors.

What Roger was saying that they said there were challenges but didn't say how they were going to meet those challenges .....or what any impact might be

Left punters up in the air .....uncertainty not good

[winner69]

This one is making me a bit nervous. I feel very over exposed to SUM and I didn't expect it to fall below $5 again.

If sector continues to get rerated down 450 is on cards

Before the last few years excitement about the sector PEs averaged mid to late teens - maybe we are reverting to more normal / sensible valuations

[sb9]

What Roger was saying that they said there were challenges but didn't say how they were going to meet those challenges .....or what any impact might be

Left punters up in the air .....uncertainty not good

Agreed, but someone should've raised that concern at the recent ASM as to how they're planning to meet those challenges be it during or after the meeting.