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02-12-2019, 06:46 PM
#8471
Couts me old mate ...did you see SUM share price is exactly 50% of RYM share price
That in spite of a lot of excitement around SUM and a not so brilliant half year result from Ryman
But relatively rules eh ..no matter what
At the top of every bubble, everyone is convinced it's not yet a bubble.
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02-12-2019, 06:51 PM
#8472
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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02-12-2019, 07:18 PM
#8473
Originally Posted by winner69
Couts me old mate ...did you see SUM share price is exactly 50% of RYM share price
That in spite of a lot of excitement around SUM and a not so brilliant half year result from Ryman
But relatively rules eh ..no matter what
The punters cant be fooled aye winner.
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02-12-2019, 07:27 PM
#8474
Originally Posted by couta1
The punters cant be fooled aye winner.
As they often say the market is indeed a weighing machine and the scales will always need 2 SUMs to weigh the same of 1 RYM
And one could say that the market has also voted this to be true
Last edited by winner69; 02-12-2019 at 08:16 PM.
At the top of every bubble, everyone is convinced it's not yet a bubble.
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03-12-2019, 08:40 AM
#8475
Total assets of NZ$3.0 billion, up 24% on 1H18
Current cap is only 1.7b...so plenty to go IMO. No brainier one for long term....
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03-12-2019, 09:03 AM
#8476
Originally Posted by King1212
Total assets of NZ$3.0 billion, up 24% on 1H18
Current cap is only 1.7b...so plenty to go IMO. No brainier one for long term....
There's about 2 billion in liabilities too unfortunately, 1.2 billion in residents loans, half a billion in borrowings and a few other bits and pieces. Net tangible assets of 4.71 dollars per share according to nzx.
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03-12-2019, 02:00 PM
#8477
https://www.news.com.au/finance/busi...+December+2019
Looks like SUM timed their recent entry into the Melbourne market perfectly !
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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03-12-2019, 02:32 PM
#8478
Originally Posted by Beagle
Did you really mean to link the story about how to get a beagle to instantly stop barking and listen
At the top of every bubble, everyone is convinced it's not yet a bubble.
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03-12-2019, 03:08 PM
#8479
Originally Posted by winner69
Did you really mean to link the story about how to get a beagle to instantly stop barking and listen
LOL probably not, where did I post that link ?
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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03-12-2019, 03:19 PM
#8480
For clarity, nothing I say is advice....
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