Should be in the $5's come next week assuming the game goes according to plan, so that view might not be too far off (I hope).
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Should be in the $5's come next week assuming the game goes according to plan, so that view might not be too far off (I hope).
Summerset at $6, that means Ryman will be $12, I can live with that. Disc-Dont hold.
Nice lead up to $5 as buyers get in on the last trading day before half year results on Monday morning. Things have been fairly subdued with the rest of sector (RYM, MET, ARV), so always nice to see this one stand out.
I've been soooooooo busy these last few weeks I haven't even had a chance to think about what we're looking for here tomorrow. Anyone got some thoughts they'd like to share on the subject ?
Firstly apologies for saying $120m noat this week. I was getting so excited and so far ahead of myself I didn't realise it was only the 1/2 year
But $51m for H1 is stunning, stupendous or whatever superlative you want to use
So well on track to $120m (plus) for full year
Thats 55cents / share - multiply by 12 and thats $6.60
Full bore ahead
Hey Roger - I reckon they read his forum
They mention and show Embedded Value a lot in their presentations - not often they have done that
Yep - nice one. 23.1 cents EPS - for only 6 months ... and a bullish outlook. This is definitely more than the analysts expected (consensus forecast was 40 cents for the full year) - i.e. expect the SP to adjust accordingly. Great start of the week - something for our Golden Monday thread?
Here is the summary of the success story:
https://www.nzx.com/companies/SUM/announcements/287174Quote:
o Underlying profit for 1H16 NZ$24.7m, up 44% on 1H15
o Net profit after tax of NZ$50.6m, up 42% from 1H15
o Total assets of NZ$1.5b, up 31% on 1H15
o 306 total sales of occupations rights, up 13% on 1H15
o 190 new retirement homes delivered, up 35% on 1H15
o Interim dividend of 2.6 NZ cents per share announced
o Development margin of 20.3%