Turning into a One horse race folks
One Year on MET 37.31% RYM 23.7% SUM 6.29% a distant third
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Turning into a One horse race folks
One Year on MET 37.31% RYM 23.7% SUM 6.29% a distant third
The new Karaka development stage 1 seems to be nearly ready for business. They're putting gardens in etc.
What a bloody awful week in the market, I need a drink or three.
Possibly HS, but also difficult to achieve. From my experience this approach is a bit like trying to get half pregnant. If your not in all the way then the extra interfaces, communications, points of demarcation and more complex contractual relationships between parties invariably leads to negative results with a great deal of finger-pointing to say the least.
I did some research, and although not conclusive, it appears RYM bought an entire engineering/design/construction company around 1998 (one of RYM's own service providers whose build-book had become almost 100% Ryman apparently). This would make sense to me and would explain how RYM managed to accomplish what they achieved what I call critical mass in this area.
I would suggest (actually, very much like) SUM do the same if they can afford it. The path they are appearing to be taking of growing it in-house is fraught with danger in my humble view.
Refer this ad for Greentree Software that RYM use. This is not a plug for them, and selecting a piece of software like this guarantees nothing. But it might help one appreciate a little bit about what's involved with at least just the construction bit.
http://www.youtube.com/watch?v=5IYF21b47CU
Disc: No vested interest in, or relationship with Greentree Software whatsoever.
Vaygor1 This week I have had cause to reflect upon Warren Buffets saying about best of breed regardless of price.