SUM - Summerset Group

[Beagle]

Shareprice might be 4xx before the next update early April at the rate it's going down

Better be a boomer number or else there might be a bit more of a market over reaction

No worries mate, possibly Mrs Barlow selling down her remaining family trust shares so she can invest more in "market darling" EVO.

[silu]

Shareprice might be 4xx before the next update early April at the rate it's going down

Better be a boomer number or else there might be a bit more of a market over reaction

Given that I've sold a 1/3 at $5.50 to fund another share purchase I would take anything under $5 immediately.

[Beagle]

A friendly invitation to attend and enjoy a beverage or two and lively discussion afterwards.

Couta1 and I will be there and thought this might be a good opportunity after the meeting for a sharetrader get-together for Wellington people to enjoy a chat afterwards.

All welcome.

[Ggcc]

I would join you if I could, but unfortunately not this time. Thanks. This is my long long term hold stock. At what stage will this become a $10 share..... Maybe 5 years???

[JayRiggs]

I'd like to think SUM will be $10 in 3 years.

Underlying profit CAGR the past 5yrs has been 48%.

So assuming a conservative 25% on today's share price:
5.16 x 1.25 x 1.25 x 1.25 = $10.07

[Beagle]

I would join you if I could, but unfortunately not this time. Thanks. This is my long long term hold stock. At what stage will this become a $10 share..... Maybe 5 years???

I'd like to think SUM will be $10 in 3 years.

Underlying profit CAGR the past 5yrs has been 48%.

So assuming a conservative 25% on today's share price:
5.16 x 1.25 x 1.25 x 1.25 = $10.07

^^^^ This or possibly earlier. Two more years of high growth would see than at $5.16 x 1.48 x 1.48 = $11.30.

[couta1]

^^^^ This or possibly earlier. Two more years of high growth would see than at $5.16 x 1.48 x 1.48 = $11.30.

That would make it equal to the Ryman SP in 2 years ($11-$12 dollars is what I would predict for Rym in a couple of years) Too bullish mate, Sum price equalling Rym in that timeframe ain't going to happen.

[QOH]

A friendly invitation to attend and enjoy a beverage or two and lively discussion afterwards.

Couta1 and I will be there and thought this might be a good opportunity after the meeting for a sharetrader get-together for Wellington people to enjoy a chat afterwards.

All welcome.

I might join you if I figure out where the meeting is.

[winner69]

I might join you if I figure out where the meeting is.

If you coming in by chopper just up from the Queens Wharf helipad past the kids playground and just before the St Johns Bar

[Beagle]

That would make it equal to the Ryman SP in 2 years ($11-$12 dollars is what I would predict for Rym in a couple of years) Too bullish mate, Sum price equalling Rym in that timeframe ain't going to happen.

5 year average compound growth rate is 48%. Not beyond the bounds of possibility that they could enjoy another couple / few years of relative outperformance as they continue to lift their build rate, make ongoing improvements to their development model and continue to enjoy increasing efficieineces from greater critical mass. Just saying it could possibly happen mate, not that it WILL definitly happen.

I might join you if I figure out where the meeting is.

Suggest you PM Couta1, he knows Wellington way better than me !