SUM - Summerset Group

[44wishlists]

Where do you SUM watchers see the price going in the next few days?

Am an ex shareholder looking to get back in, and wondering how this result will be perceived in a day or Two

Just like Beagle had pointed out earlier, if you're in for a long haul, you will do fine. But if you're looking for a quick turnaround, you will likely to be disappointed.

Disc. I bought SUM shares around NZT1300 today.

[ratkin]

Just like Beagle had pointed out earlier, if you're in for a long haul, you will do fine. But if you're looking for a quick turnaround, you will likely to be disappointed.

Disc. I bought SUM shares around NZT1300 today.

Bought a few just before the close and my inbox now filled with hundreds of trade notifications all for silly amounts like 2 shares

[winner69]

Bought a few just before the close and my inbox now filled with hundreds of trade notifications all for silly amounts like 2 shares

Happens to me sometimes ...isn’t it just plain stupid.

[limmy]

Bought a few just before the close and my inbox now filled with hundreds of trade notifications all for silly amounts like 2 shares

There must be a better way for the broking firm to notify their client(s). Yes, these multiple emails for 2 shares etc. must be annoying. I wonder why people hold or sell only 2 shares ?

[ratkin]

Happens to me sometimes ...isn’t it just plain stupid.

Consideration: 5.86Brokerage: NZD 0.00Total Cost NZD 5.86

Hundreds just like this 1 share at a time. Should be easy for them to only send the notification once a sensible amount of shares had been traded

[Baa_Baa]

Strong retirement unit sales in Auckland push up average prices for new units

[winner69]

Strong retirement unit sales in Auckland push up average prices for new units

Sold 9 LESS units and had 12 LESS resales (v pcp) but underlying earnings were UP $2.6m

That’s pretty impressive

[JeremyALD]

Looks like Ryman not too shabby afterall

[oldtech]

There must be a better way for the broking firm to notify their client(s). Yes, these multiple emails for 2 shares etc. must be annoying. I wonder why people hold or sell only 2 shares ?

I suspect it's not that people are holding just two shares, more likely that this is a result of balancing multiple different buy and sell quantities.

I am sure somebody here will know the finer points, but as an example, imagine that the next sell order in the queue is "A" selling 800 shares. "B" is looking to buy 798 shares, so the broker takes those 798 shares from "A" and sells them to "B". "A" now has just 2 shares left, and the next buy order in the queue is limmy. So you get the remaining 2 shares from "A" and then the process continues matching up people.

At least, that's how I imagine it works. And obviously the above is a very simple example; now extrapolate it to account for the thousands of people buying and selling multiple different quantities, changing their buy and sell prices as the market moves, etc.

[trader_jackson]

Forsyth speak highly of SUM... target price gone back up (from $6.60 to $7.10)
Blue sky ahead they say...
but EPS growth expected to be negative for FY19... that won't help the much touted 9 year CAGR