Perfect retirement stock for this hound. Average compound growth rate over 5 years 44%...that's the key metric people need to try and get their head around.
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Perfect retirement stock for this hound. Average compound growth rate over 5 years 44%...that's the key metric people need to try and get their head around.
Sum is a good company for sure but don't underestimate Ryman, they are the top dog around here and always will be especially with the compounding effect from Aussie, they are not just the top dog in terms of sale numbers but in every other way also.
Couta1,
I think this statement in today's announcement is significant;"It is intended that new villages will incorporate dementia capability."
Certainly is and some may remember I said in a post a couple of years ago that Sum would incorporate this within a couple of years for a variety of reasons, a main one being not putting yourself at commercial disadvantage compared to the competition. I personally spoke to management about the dementia issue on several occasions whilst I had a large holding. Dementia demand is on a steep growth curve with many other companies currently adding on extra dementia capacity.
would someone have a current PE for SUM. I have conflicting data, PE 22, PE 13
Depends on whether one uses Reported NPAT or underlying earnings
I reckon NPAT for F16 will be 55 cents so on a PE of 9.2 forward earnins
Isn't that ridiculous
PS - roger says F15 underlying earnings will be 25.5 cents (earlier post) so on this basis on a PE of 20