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07-07-2017, 04:14 PM
#5221
The tale of two cities, SUM down 0.2%, RYM up 1.5% currently, RYM not silly, they know quarter metrics are nonsense and don't report them.
Last edited by couta1; 07-07-2017 at 04:16 PM.
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07-07-2017, 04:42 PM
#5222
A quick search reveals Previous reporting of metrics....
Apr 2017 (sales rise) http://www.nzherald.co.nz/business/n...ectid=11832291
July 2016 (sales booming) http://www.nzherald.co.nz/business/n...ectid=11670604
However I agree that the negative headlines are more grating...they should look for the happy positive angle
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07-07-2017, 04:54 PM
#5223
Originally Posted by Bjauck
They got a beaut headline today
'It's too late': Seven signs Australia can't avoid economic apocalypse
http://www.nzherald.co.nz/business/n...ectid=11887313
”When investors are euphoric, they are incapable of recognising euphoria itself “
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07-07-2017, 05:12 PM
#5224
Originally Posted by winner69
Yeahh..just read...pretty scary alright
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07-07-2017, 05:33 PM
#5225
Originally Posted by King1212
Yeahh..just read...pretty scary alright
However, mushrooming household debt helping to fuel house price rises has created happy baby boomer voters.
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07-07-2017, 05:58 PM
#5226
Originally Posted by couta1
Bollinger Bands coming together, a move upwards is on the cards, IMO.
Anticipating the widening of the bands but could be a while ,and hopefully it's a break upwards, meanwhile low volume with low volatility is the name of the game while we wait for that widening to occur.
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07-07-2017, 07:58 PM
#5227
Member
Originally Posted by winner69
Not sure the clip covered
growing population, via rich new comers.
Massive Resource reserves.
Management of land release and management of land zoning.
High wages
26 years recession free
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07-07-2017, 09:22 PM
#5228
Just curious...how many of previous posters view this company as an investment....like decades as opposed to a day by day by flick....the word retirement entity may be a clue...here....just saying
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07-07-2017, 10:02 PM
#5229
Originally Posted by winner69
Wasn't Australia meant to go into recession about 3 years ago?
(I know it is the wrong thread to be discussing)
Originally Posted by trader_jackson
Is SUM always skewed to the 2nd half (eg this time last year)?
Although this question went ignored... Maybe the NZ herald saw it realised SUM was growing much stronger this time last year (no drop in quarterly sales).
7 July 2016:
"Our combined new sales and resales for Q2 were the most we have everachieved in a quarter, which has contributed to a record number of first half total sales," said Mr Cook. Sales in the second quarter were 28% higher than the same period last year"
(Summerset Group achieved 185 sales for the quarter ending 30 June 2017,comprising 108 new sales and 77 resales)
7 July 2017:
"New sales were driven by delivery timings for newly constructed retirement units, with 171 built over the first half of 2017 compared to new sales of 179. Resales continue to track well with available homes being sold quickly."
(Summerset Group achieved 152 sales for the quarter ending 30 June 2017,comprising 82 new sales and 70 resales)
No mention of records being broken this time, no mention of the drop either... but no worries, the hugest 2nd half is coming, you know it, we know it... everybody knows it folks. Back above $4.70 in no time.
Last edited by trader_jackson; 07-07-2017 at 10:05 PM.
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07-07-2017, 10:44 PM
#5230
I added a few more this week. In the years to come I know I'll look back and be very glad I did. Ideal retirement stock in more ways than one
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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