SUM - Summerset Group

[winner69]

Since further growth is likely to be low is there any reason SUM should sell for more than its net assets ? MET is below net assets.

Good question

SUM book value $4.35 ...ouch

But while they continue to build things at a great rate won’t that figure increase .....would take a massive drop in the value of existing units for book value to go backwards....I reckon

[winner69]

Since further growth is likely to be low is there any reason SUM should sell for more than its net assets ? MET is below net assets.

Good question

Is there any reason why OCA should sell for more than 88 cents?

[bull....]

Good question

Is there any reason why OCA should sell for more than 88 cents?

no probably over priced as well

[couta1]

no probably over priced as well

At least your back to your normal vague downramping self, I was getting worried when you switched to being the power company Evangelist.

[bull....]

At least your back to your normal vague downramping self, I was getting worried when you switched to being the power company Evangelist.

preach the truth so people gain an understanding of something previously not understood lol

t/a on the hrlys is showing the bollinger expanding with the adx rising strongly( means strong trend) very bearish

[trader_jackson]

And what a difference in reactions today - ARV down not even 1% (and still above that rock solid level of $1.30), while sum others falling over 7%... Unlike sum others, the NTA and dividend yield (both of which are relatively low) ain't enough to provide a backstop, still above that physiological important $6 mark, for now

Good to see someone else bringing up NTA, when I mentioned it a few days back nobody cared... Hope SUM keeps building, borrowing and selling... it is doing the first 2 things well, just not so well (anymore) on the third part (that makes all that building and borrowing 'worth it')
Apart from MET (which we all know has a basket of other issues), ARV trades on the smallest share price v NTA premium, maybe thats why it has only gone down a mere 1 something percent despite sum others tumbling double digit percentages?

[Beagle]

preach the truth so people gain an understanding of something previously not understood lol

t/a on the hrlys is showing the bollinger expanding with the adx rising strongly( means strong trend) very bearish

TA looked dire for AIR when it was $2.23 a few weeks ago and lots of people told me the company was stuffed and was only worth $1.50-$1.80. Funny thing is those people have been very, very quiet lately lol

Anyway I hope this goes down to $5 so we can shake out all the weak hands and I can "do a Couta"

[bull....]

TA looked dire for AIR when it was $2.23 a few weeks ago and lots of people told me the company was stuffed and was only worth $1.50-$1.80. Funny thing is those people have been very, very quiet lately lol

Anyway I hope this goes down to $5 so we can shake out all the weak hands and I can "do a Couta"

the bounce back in air was very surprising even with a rising oil price

[couta1]

Two rules i adhere to. 1.Never trust the market over the short term. 2.Never trust Analysts over any term. PS-Learnt from many bad costly experiences.

[RupertBear]

Geepers what a day! Was feeling quite pleased with myself topping up on Friday....thought $6.20 was a bargain until today.....yikes....