New 52 week high! Clap clap clap
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New 52 week high! Clap clap clap
Just something I was wondering about, and to quantify, I have done no research. All these retirement village operators have been building units through the years of the leaky building fiasco. Has there ever been any indications of possible issues at any of the villages? They look like fairly traditional builds but it was just a random thought. Apologies if this has previously been addressed or is inappropriate.
Yea i just bought in at 2.74. I sold out at 2.59 just before the run this last week for ryman. realised this has higher returns so back to this. silly me should of just stayed. living up to my username
In at $2.66 a few days ago. Already up to $2.80 today. I must admit that being part of the sharetader community has lifted my strike rate.
Reading through the recent posts here it seems to me that Summerset has become:
the NEW SHARETRADER SPECULATIVE SHARE :scared:.
Best wishes
Paper Tiger
Disc: Own Some SUM
Disc: please do not be offended by this post unless you really want to be.
All I can say is ...thank goodness that folk on this site have never never ever been found to have been found "ramping"...a particular share.
Now if we could discuss CEN.......
Is this better than expected? Seems to me like they are down 1 unit on 2012 and less than the 95 sparky suggested. The new unit sales are well up though.
FY13 SALES OF OCCUPATION RIGHTS
1Q13
ActualNew sales 64 Resales 25 Total 89
FY12 SALES OF OCCUPATION RIGHTS
1Q12
Actual2Q12
Actual3Q12
Actual4Q12
ActualFY12
ActualNew sales 38 45 41 43 167 Resales 52 36 45 31 164 Total 90 81 86 74 331
Also depends where these units were sold. The increase in Auckland property prices (10.4%) is much greater than those in Dunedin (3.7%) http://www.qv.co.nz/onlinereports/propertyvaluemap.htm.
Disclaimer: I am not feeling any less positive about this company, just trying to understand how to analyse the announcement by playing devils advocate.