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![Quote](images/misc/quote_icon.png) Originally Posted by Roger
SUM shares "only" grew underlying profit 50% last year and 55% the year before that. Apparently not good enough but 47% is wonderful, go figure...
Wonderful it is... given the much lower risk (dramatically lower borrowing, and less exposure to development risk etc), and the "cash reward along the way" being dividends (not peanuts )
I am sure SUM day SUM shares will begin going back up again - maybe when they have a better continuum of care and facing less risk of construction costs running away, among other factors - sometimes being smaller and more nimble isn't a bad thing.
Last edited by trader_jackson; 24-05-2017 at 03:51 PM.
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