SUM - Summerset Group

**couta1** · 27-03-2018, 05:41 PM

Originally Posted by Beagle

Interesting, off their website...who knew that ? Super is adjusted for inflation each year so in real terms people have fixed fees for life. Some cunning hound might have suggested that approach.

Still with Ryman you get the adjusted amount in your pocket, as spending money. An improvement on times of old though, so you deserve a bark Mr Hound.

**Beagle** · 27-03-2018, 05:43 PM

Originally Posted by winner69

And Jacinda is giving them $800 every winter to keep their cosy units warm. Neat eh

Great isn't it. My mum has a good Mitsubishi heat pump in her unit with a coefficient of performance of over 4:1 so can turn that into more than $3,000 of heating energy.
I think Daiken have the very latest (N.Z.'s only seven star rated heat pump) which would do considerably better than that !
Buy a good heat pump for your aging parent if they haven't already got one. Let's do this

**dobby41** · 28-03-2018, 08:37 AM

Originally Posted by Beagle

Buy a good heat pump for your aging parent if they haven't already got one. Let's do this

If they are in a village they wouldn't be able to do that would they?
Take what they get.

**Zaphod** · 28-03-2018, 09:27 AM

Originally Posted by winner69

And Jacinda is giving them $800 every winter to keep their cosy units warm. Neat eh

You mean the tax payer is giving a $800 payment to them to spend on whatever they like.

**winner69** · 28-03-2018, 09:38 AM

Originally Posted by Zaphod

You mean the tax payer is giving a $800 payment to them to spend on whatever they like.

Haven't worked out what to do with mine yet mate

**macduffy** · 28-03-2018, 09:48 AM

Originally Posted by dobby41

If they are in a village they wouldn't be able to do that would they?
Take what they get.

I think the big three companies allow "appliances" to be installed, with approval and at one's own expense in independent living units/apartments. Restoration back to the original condition on vacating the premises would be another cost.

Happy to be corrected if I have this wrong.

**LAC** · 06-04-2018, 09:56 AM

Numbers are a lot lower than last year but at least they are still on track.
https://www.nzx.com/announcements/316459

**Beagle** · 06-04-2018, 10:06 AM

http://nzx-prod-s7fsd7f98s.s3-websit...459/277329.pdf

Best not to get caught up in one particular quarters numbers. This is a long term thing and the forward PE at 16 and their track record of growth suggests this is one of the best long term investments on the NZX.