SUM - Summerset Group

[bull....]

Take the grandkids - they can help.

lol yea im heaps younger than 75 and a big kingi is still hardwork

[Beagle]

Very solid sales results. Augers very well for the sector.
New land site looks like a good acquisition too. Handy to ferry services which are free for gold card holders. Regular free trips to Waiheke anyone ?
Good to see SUM appear to be starting to turn the corner with sales.

[winner69]

Seems the $9.39 earlier today was a RECORD HIGH

Incredible eh

[BlackPeter]

Seems the $9.39 earlier today was a RECORD HIGH

Incredible eh

It is. Which puts Ryman according to the trustworthy and infallible Couta Theorem just shy of $19, doesn't it?

Oops - Yahoo gives me only $14.80 for RYM and dropping, my internet connection must be broken?

Or is it that SUM is too dear and the market didn't realise?

Couta, please advise ....

[winner69]

Thanks mate. I really do think its a $10 stock in 2020, (am strongly inclined to believe my own B.S, especially after a very good and likely to be very successful MET foray).......

AND

.......Pretty sure I am not done yet.

AND

..... I know $15 sounds "whacky" talking about it now...a 76% potential gain in the next 2-3 years is highly likely in my opinion as the value is there.

AND

~ $15 in 2022.

Shouldn't really only quote parts of peoples (long) posts but Beagle seems pretty much on the ball ...and it was only Christmas Eve last year he said all this. I was sure that the predictions would probably be on the ball so kept a note.

Legend indeed

[Ggcc]

can a 75+ yr old still reel in a big kingfish?

Yes through KFL lol

[Bjauck]

Shouldn't really only quote parts of peoples (long) posts but Beagle seems pretty much on the ball ...and it was only Christmas Eve last year he said all this. I was sure that the predictions would probably be on the ball so kept a note.

Legend indeed

Perhaps even a bit conservative with Corona-affected interest rates dropping the way they have? Although I won't be adding to my holding.

[couta1]

It is. Which puts Ryman according to the trustworthy and infallible Couta Theorem just shy of $19, doesn't it?

Oops - Yahoo gives me only $14.80 for RYM and dropping, my internet connection must be broken?

Or is it that SUM is too dear and the market didn't realise?

Couta, please advise ....

Reversion to the mean takes time like good cheese making, SUM way too dear and has a SELL rating on it from the Couta Group. PS-Couta Group not keen on the stock for other reasons as you will know.

[Ggcc]

$9.80 now....... Wow!!!! Getting ready for an alignment with RYM dollar for dollar??? Anyway don’t own these other than through KFL. Sold just after what I thought were bad results and bought OCA well below 70 cents

[Beagle]

Very pleased indeed for me ol mate Winner and other holders. $10 seems like just a matter of time, maybe even next week ?
Holding heaps of development land has paid off big time for SUM with housing and land prices absolutely booming all around the country.