SUM - Summerset Group

[RTM]

Beagle is stuck in his kennel without power.

Quiet.....? I would describe it as peaceful.

[Filthy]

Beagle is stuck in his kennel without power.

.....more likely that he's 'down the pub' spending SUM of his profits on Tui's

[winner69]

.....more likely that he's 'down the pub' spending SUM of his profits on Tui's

....no, flew Jetstar to some civilised place (not saying Auckland is some 3rd world uncivilised city)

[Beagle]

....no, flew Jetstar to some civilised place (not saying Auckland is some 3rd world uncivilised city)

Its felt like it the last 3 nights ! Only got power back this morning just after 9.00 a.m. More than 60 hours without power was an interesting endurance challenge and made for a very grumpy Beagle.

[BlackPeter]

Its felt like it the last 3 nights ! Only got power back this morning just after 9.00 a.m. More than 60 hours without power was an interesting endurance challenge and made for a very grumpy Beagle.

Welcome back - glad it was just the unreliable Auckland power supply silencing you for three long days ; Hope you and your family are all o.k - and no property damage (but probably a thawed up freezer).

For me it was the Canterbury earth quakes convincing me at the time that a backup generator could be a good idea in a country with a quite "thin" electricity network with little redundancy, and it was quite useful for various spring and winter storms since than. Maybe its now time for Auckland to invest into this technology.

[Gonzo]

no sweat in Invers, all lines are underground

[minimoke]

Its felt like it the last 3 nights ! Only got power back this morning just after 9.00 a.m. More than 60 hours without power was an interesting endurance challenge and made for a very grumpy Beagle.

That should put an end to any thoughts of an EV.

[Beagle]

That should put an end to any thoughts of an EV.

Yeap, I really don't see how the existing lines and stretched load demands on transformers around the streets, (one blew up around here recently and went off like a bomb) not to forget a very very tight supply-demand situation for the gentailiers will cope. SUM thing tells me the SUM's simply don't add up.
On the other hand its nice to see SUM back over $7 and the SUM's definitely add up for this pedigree pooch on a forward PE of just 15.5 with an average historical growth rate of 45% per annum.

During my lengthy enforced stint in Siberia, (not for the usual reason ), I got to figuring that one simply invests long term in companies that will grow strongly long term and investing becomes a no brainer with or without power.

[jimmybuffett]

Welcome back - glad it was just the unreliable Auckland power supply silencing you for three long days ; Hope you and your family are all o.k - and no property damage (but probably a thawed up freezer).

For me it was the Canterbury earth quakes convincing me at the time that a backup generator could be a good idea in a country with a quite "thin" electricity network with little redundancy, and it was quite useful for various spring and winter storms since than. Maybe its now time for Auckland to invest into this technology.

Maybe time for Hirepool to list again

[cymonger]

Yeap, I really don't see how the existing lines and stretched load demands on transformers around the streets, (one blew up around here recently and went off like a bomb) not to forget a very very tight supply-demand situation for the gentailiers will cope. SUM thing tells me the SUM's simply don't add up.
On the other hand its nice to see SUM back over $7 and the SUM's definitely add up for this pedigree pooch on a forward PE of just 15.5 with an average historical growth rate of 45% per annum.

During my lengthy enforced stint in Siberia, (not for the usual reason ), I got to figuring that one simply invests long term in companies that will grow strongly long term and investing becomes a no brainer with or without power.

Yep. recently had my "come to jesus" moment with "come to jesus' company Pushpay. Why risk investing in a company with smoke and mirrors numbers and such high risk? SUM, THL, etc. from now on.

it's like getting paid to park your car....