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  1. #5221
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    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 03:16 PM.

  2. #5222
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    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

  3. #5223
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    Quote Originally Posted by Bjauck View Post
    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
    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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #5224
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    Quote Originally Posted by winner69 View Post
    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

    Yeahh..just read...pretty scary alright

  5. #5225
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    Quote Originally Posted by King1212 View Post
    Yeahh..just read...pretty scary alright
    However, mushrooming household debt helping to fuel house price rises has created happy baby boomer voters.

  6. #5226
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    Quote Originally Posted by couta1 View Post
    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.

  7. #5227
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    Quote Originally Posted by winner69 View Post
    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

    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

  8. #5228
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    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

  9. #5229
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    Quote Originally Posted by winner69 View Post
    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
    Wasn't Australia meant to go into recession about 3 years ago?
    (I know it is the wrong thread to be discussing)

    Quote Originally Posted by trader_jackson View Post
    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 09:05 PM.

  10. #5230
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    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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