SUM - Summerset Group

**Beagle** · 11-09-2019, 03:26 PM

Originally Posted by couta1

Gee Beagle I'm sure RYM holders gunna be pretty happy with a SP of $27 3-4 yrs from now.

LOL CA can't ever be wrong

**Beagle** · 13-09-2019, 01:32 PM

http://www.sharechat.co.nz/article/0...st-cautionhtml

House prices doing well. Heck even Auckland on the up and up in recent months and nationally house prices are up 6.5% on last year.
This can't be right...all the naysayers were telling us doomsday was just around the corner...and that was just a couple of months ago when the share price was mid $5's.
Technically the chart is looking very good but who needs technical or fundamental analysis when you have Couta analysis

60% relativity to RYM = $7.89, here we come

**winner69** · 13-09-2019, 03:21 PM

Originally Posted by Beagle

http://www.sharechat.co.nz/article/0...st-cautionhtml

House prices doing well. Heck even Auckland on the up and up in recent months and nationally house prices are up 6.5% on last year.
This can't be right...all the naysayers were telling us doomsday was just around the corner...and that was just a couple of months ago when the share price was mid $5's.
Technically the chart is looking very good but who needs technical or fundamental analysis when you have Couta analysis

60% relativity to RYM = $7.89, here we come

Good about those property prices eh beagle .....even better seeing we are probably in a recession or close to it (ASB say so)

**tipsy** · 20-09-2019, 04:13 PM

Some nice gains over the last 3 months, Regretting only buying back 1/4 of what I sold in the high 7's.

**Beagle** · 20-09-2019, 05:15 PM

Originally Posted by winner69

Good about those property prices eh beagle .....even better seeing we are probably in a recession or close to it (ASB say so)

GDP growth came out okay this week as did real estate prices.

**Leftfield** · 24-09-2019, 08:46 AM

First Australian land purchase announced.

Good timing in terms of property cycles. Beagle be happy?

**Beagle** · 24-09-2019, 09:49 AM

Originally Posted by Left field

First Australian land purchase announced.

Good timing in terms of property cycles. Beagle be happy?

I like the way they've done really thorough due diligence on the whole Australian expansion thing. They have a large amount of land in N.Z. for development too.
I think its crystal clear there's a lot of growth coming with this company in the years ahead and the current forward PE is quite undemanding at about 13.