SUM - Summerset Group

[couta1]

Top 20 shareholders doesn't tell us anything when they're all nominee companies! Absence of SSH notices would indicate that no major shareholders are selling out/reducing, although such notices are notoriously slow to appear in the NZ market.

Most Major shareholders are long termers, studying the sell pattern over the last few weeks, it's predominantly small holders selling, have a look at the depth chart today as an example.

[macduffy]

[QUOTE=Joshuatree;669735]I'm pretty ignorant there re time frames of reporting SSH except when one goes over or under 5% don't they have to announce straight away

Notices are required to be lodged "immediately" the information becomes available. Interpretation of this term seems to vary!

https://fma.govt.nz/assets/Reports/1...isclosures.pdf

[cyclist]

Most Major shareholders are long termers, studying the sell pattern over the last few weeks, it's predominantly small holders selling, have a look at the depth chart today as an example.

But is it really possible to spot a big buyer/seller doing things in small chunks (and in no particular hurry), versus us minnows?

(Edit: And if so, interested in knowing how to spot the signs)

[Joshuatree]

Im thinking an Insto maybe feeding them in in small odd parcels and has been for some time. Maybe the only way they can quietly, slowly exit . Liquidity isn't great for a big stock on the NZX. If its small holders selling down well are they smarter than us? Just a thought ; no real evidence there.

[Beagle]

http://www.4-traders.com/SUMMERSET-G...438/consensus/ Average broker valuation $5.60

[winner69]

Im thinking an Insto maybe feeding them in in small odd parcels and has been for some time. Maybe the only way they can quietly, slowly exit . Liquidity isn't great for a big stock on the NZX. If its small holders selling down well are they smarter than us? Just a thought ; no real evidence there.

maybe those etf thingies / funds that track the index need to sell as the price goes down

interesting studies what these etfs will do the market if it starts going down

but with SUM nobody is bailing - at least thats what I think

[QOH]

Just curious, should something go wrong with the plumbing in your Summerset unit, who pays for the repairs, had a plumber here today , he told me they do a lot of work for Summerset. Assuming it's repairs as no new Summerset building going on here.

[couta1]

Just curious, should something go wrong with the plumbing in your Summerset unit, who pays for the repairs, had a plumber here today , he told me they do a lot of work for Summerset. Assuming it's repairs as no new Summerset building going on here.

The company pays.

[Beagle]

I think they need to recruit in-house plumbers. Cost to hire a plumber in Auckland is atrocious.

[macduffy]

I think they need to recruit in-house plumbers. Cost to hire a plumber in Auckland is atrocious.

Is that because Auckland plumbers have to meet the costs of living and travelling, in Auckland?

(He said from a galaxy far, far away.)