SUM - Summerset Group

**DazRaz** · 29-01-2020, 06:05 PM

There were quite a few larger trades and the end of day volume is higher than normal. I think its just a bit of profit taking while the uncertainty around corona virus is dropping NZX SPs overall. It's still higher than 2 weeks ago so it isn't really much of a drop. Less than a month till then annual figures and less than 2 months till dividend. The financial results should be the thing that balances it all out.

**troyvdh** · 29-01-2020, 06:38 PM

Blue Skies..you're NDP says it all...life will teach you blue skies do indeed exist..however...not every day...and we celebrate when they do.Have a look again at the 5 year SUM chart..and the 3 yr 50 Index ..I with DB....me thinks we may have a few cloudy days...cheers

**BlackPeter** · 03-02-2020, 09:10 AM

Just for light entertainment

:

https://www.marketscreener.com/SUMME...438/consensus/

As per today marketscreeners

consensus analyst recommendation for SUM is "outperform" (7/10);
consensus 12 month forecast is $7.75;
and today's share price for SUM is $8.92;

I read that in the following way:

The five analysts involved say that the SUM share price will drop over the next 12 months by 15% (which well might be, if the biggie arrives) and they say as well that this stock (while dropping by 15%) will outperform the NZX 50 over the coming year.

Ouch. Maybe not that light entertainment after all ...

**Beagle** · 10-02-2020, 09:53 PM

Nice bounce off the red 30 day MA support line. Technically this is also looking very attractive. SUMchart.jpg

**Food4Thought** · 12-02-2020, 04:00 PM

Wonder when the 1 SUM to 1 RYM will happen. Clearly remember RYM at $2.25 some years ago.

**couta1** · 12-02-2020, 04:03 PM

Originally Posted by Food4Thought

Wonder when the 1 SUM to 1 RYM will happen. Clearly remember RYM at $2.25 some years ago.

About the same time the Sun runs out of energy or when RYM does another share split, whatever happens first.

**dabsman** · 12-02-2020, 04:14 PM

Ryman will split soon me thinks... thou I have been saying that for about a year...

**winner69** · 12-02-2020, 04:30 PM

Originally Posted by couta1

About the same time the Sun runs out of energy or when RYM does another share split, whatever happens first.

Amazing that most punters think that this law of nature will be broken eh

Gravity will keep man attached to the earth ...Newton worked that out just that you worked out that whatever happens forces will ensure there’s reversion to the mean of the SUM share price