SUM - Summerset Group

[trader_jackson]

I sense an old battle between OG and TJ about to commence again reading the last bit of the above post, Tui anyone.

Yes I shouldn't have said anything, and kept it for the ARV thread..

[OldGuy]

Yes I shouldn't have said anything, and kept it for the ARV thread..

OldGuy knows better than to debate with the uninformed

[trader_jackson]

OldGuy knows better than to debate with the uninformed

I'm just looking forward to the results announced in just over a months time (for ARV)...

[winner69]

As usual I underestimated full year outlook after June announcement - 600 on rolling 4 quarter basis already reached. Can't go backwards can they

Maybe 650 for the full year

Stunning

Oh dear, 3 months on and they went backwards

Never mind 578 sales for the year a great effort and with big revaluations still coming through a boomer of a full year result will be announced in February

[percy]

Yes another pleasing result.
With the huge tailwinds in this sector.we will see well run companies such as SUM, enjoying a high ongoing growth trajectory.

[TFA]

I think your forecast of 650 was unrealistic. I was forecasting 156 for the quarter which would have got them to 588 so just 10 units short of that.

[Hoop]

[winner69]

I think your forecast of 650 was unrealistic. I was forecasting 156 for the quarter which would have got them to 588 so just 10 units short of that.

May have got a bit excited after Q3 numbers

But then after so many quarters of increasing I didn't expect the rolling 4 quarter number to o backwards either.

TFA - What's your guess for Q1 and FY16

[TFA]

May have got a bit excited after Q3 numbers

But then after so many quarters of increasing I didn't expect the rolling 4 quarter number to o backwards either.

TFA - What's your guess for Q1 and FY16

For F16 I'm working on new of 95/qtr , resale 67/qrt = total 152
or FY new 380 new, 269 resale = total 650
This is about +12% volume gains (new +14% resale +12%)

I note FNZC in October mentioned they believe they may do 400+ new in F16

After 2 years of relatively flat resales growth the 42% jump this year is impressive but highlights that forecasting their results don't go in a straight line.

[troyvdh]

TFA...Is the quality of build ever questioned...Ive driven
through a few Ryman places and they look quite substantial i.e.the units.If you listen to RNZ potentially leaky builds are still occurring around 15 %.Im just thinking when a company whacks out these p[laces by the 100's does quality suffer.......cheers