Originally Posted by
MAC
All market wanes and waxes respond to economic cycles, including the property and share markets, and are mostly all correlated anyway. The secret of a long term hold is to stick with outperforming stocks.
The retirement sector has some degree of immunity also, the respectful elderly when they purchase are not buying property, they are buying aged care and security in knowing they will actually be taken care of in the twilight years, or, they are buying some degree of access to this security in advance anticipating requiring it in a few years.
You can’t take your wealth with you but you can end your days with dignity and respect, and your kids would probably just buy a sport’s car or go on an OE.
Just ten reasons why Summerset will continue to outperform;
1. Accelerating growth (an additional 200 units/yr in 2014 to 300 units/yr in 2015).
2. The aging demographic driving sector growth.
3. Baby boomers the wealthiest generation in human history.
4. Increasing net margins.
5. Award winning operational performance.
6. A sales and marketing premium for being the best in breed.
7. The highest ratio of villages within the lucrative Auckland region.
8. The highest land bank, also in key areas.
9. Revenue funded growth with only cashflow debt requirements.
10. Proven growth and goal focused management
Not to mention that SUM is undervalued at present.