SUM - Summerset Group

[couta1]

The difference between the relativities of the SUM and RYM share price is all about history,sentiment and perception. RYM are the top dog due to their leading the sector in every possible way, they have a large international following and are in the top 10 healthcare companies in the world, they also have great rapport in NZ and know how to negotiate through consent issues(Even the most difficult ones) seemingly effortlessly. The level of care and what's on offer to their residents is top notch. SUM are a great development company but still need to up their game on the care side of things, in light of the above facts plus a few others, they deserve the price premium IMO.

[Beagle]

Speaking of top dog's mate. This top dog reckons you have a fair point and RYM probably always trade at a big PE but 14 is too cheap for SUM. That's a PE that's appropriate for a low growth slightly "doggy" company for which sadly for the NZX, there are many.
Disc: Getting my snout into SUM more..my rating BBB (Beagle busy buying)

[couta1]

Speaking of top dog's mate. This top dog reckons you have a fair point and RYM probably always trade at a big PE but 14 is too cheap for SUM. That's a PE that's appropriate for a low growth slightly "doggy" company for which sadly for the NZX, there are many.
Disc: Getting my snout into SUM more..my rating BBB (Beagle busy buying)

Nice one Beagle, but perhaps you should wait until the over exuberant buying settles down, myself I'm waiting for a drop in another milky share, at which point some other slightly"doggy"stocks will be getting kicked out of the kennel, even if they are bleeding.

[tipsy]

@ 6.35, with only 1 seller at 6.52 currently, some nice gains so far today

[winner69]

I used wrong words baabaa - I mesnt to say it could go from range trading between 450 to 560 (bobby's numbers) on a breakout to range trading between 560 to 670 (the breadth being the same quantum in both cases)

Or something like that often happens a TA guru once explained to me

I said this last month

Target was 670 ...almost there

Hope the range trading bit is wrong though .....it might just head up to 700 and then 800 ...

[Ggcc]

One 620,000 trade at $6.45. Someone sees value in Summerset

[Beagle]

One 620,000 trade at $6.45. Someone sees value in Summerset

Yeap, just on $4 million dollars bought at close to the top for the day says there's serious institutional interest in this growth story.

[iceman]

One 620,000 trade at $6.45. Someone sees value in Summerset

Didn´t you read post 6095. It makes clear who this buyer is. BBB :-)

[winner69]

Didn´t you read post 6095. It makes clear who this buyer is. BBB :-)

....seems to be the only fundie who is interested though

[couta1]

Didn´t you read post 6095. It makes clear who this buyer is. BBB :-)

Short for Beagles Bone Broking Ltd.