SUM - Summerset Group

[Zaphod]

.... and have owned bits of other countries' companies since at least the 1980's when exchange controls were abolished and the NZD floated!

Yes, and any clampdown on foreign ownership would work both ways, probably to our overall detriment.

[brend]

Discovered that SUM run a DRP today, so on a whim, I signed up for it.

Adds a share or two to the total.

Best Wishes
Paper Tiger

Will the DRP apply to the recent divy if you signed up yesterday?

[Snow Leopard]

Will the DRP apply to the recent divy if you signed up yesterday?

I believe that you have until 5pm today to change your DRP options for this dividend.

Best Wishes
Paper Tiger

[Food4Thought]

https://www.heartland.co.nz/investments Heartland still paying 3% per annum on call mate and they're another solid Kiwi company..."Keeping profits Kiwi" its got a good ring to it don't you think ?

Thank you. I had a read and look and like what I have seen. Didn't have money to part take in HBL 2 years ago... still love their concept and position. Perhaps they can link up with the retirement sector and push that keep your money local campaign. I am dreaming up a concept as I write...

[Bjauck]

NZ is definitely not keeping it local. These "NZ owned" companies can have shareholders all over the world, sending profits wherever. Also NZ is basically being sold to the Chinese (property and its businesses).

Of course, wise Kiwi investors are profiting along the way, or selling out, depending on your viewpoint.

The Kiwi way...sell the tax paying investments in companies to foreign interests so that more can be invested into our homes and other real estate!

[Beagle]

After the HBL free lunch surely there isn't another one to be had on the same day...but there was ! SUMone wanted out of ~ 20,000 at close and tossed them out for a song at well below the VWAP of the day.
Not one to look at gift horse in the mouth the hound put his snout on the line for a modest top-up

[Food4Thought]

After the HBL free lunch surely there isn't another one to be had on the same day...but there was ! SUMone wanted out of ~ 20,000 at close and tossed them out for a song at well below the VWAP of the day.
Not one to look at gift horse in the mouth the hound put his snout on the line for a modest top-up

That is very good sniffing Roger... great effort

[Beagle]

That is very good sniffing Roger... great effort

Thanks mate. I only spotted the anomalous match price at 4.57 p.m. and quickly worked out the right quantity to bid for without affecting the match price and didn't place the order till 4.58 p.m. so well done to ANZ securities for super quick entry into the system. Usually get shut out with orders that late but you've gotta ride your luck when you can Funnily enough I have been looking for an opportunity for a small top-up so its really nice when things line up like that.

[JeremyALD]

Thanks mate. I only spotted the anomalous match price at 4.57 p.m. and quickly worked out the right quantity to bid for without affecting the match price and didn't place the order till 4.58 p.m. so well done to ANZ securities for super quick entry into the system. Usually get shut out with orders that late but you've gotta ride your luck when you can Funnily enough I have been looking for an opportunity for a small top-up so its really nice when things line up like that.

I just missed out Roger as noticed shortly after 5 so kudos to you!!

[Baa_Baa]

Last week indicated a short term top in the SP, or the start of a down trend, today's price action followed through on that. Where to from here, who knows. Indictors are still crossing up and positive, it's just the SP which is suggesting otherwise.