One to be relaxed about ?
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One to be relaxed about ?
Yes one of the more relaxing holdings on the NZX for sure. Just sit back and let it grow. All that new Kiwisaver money coming into the market every month has to go somewhere.
Average valuation $5.02 http://www.4-traders.com/SUMMERSET-G...438/consensus/
I think some of the analysts are well off the mark with this one.
http://www.msn.com/en-nz/news/other/...cid=spartandhp
Interested in your thoughts mate working in the sector. Should SUM slow down the roll-out of proposed dementia units or does the demand in the sector already significantly exceed capacity ?
No they should press ahead full steam as demand outweighs supply, these new wonder drug discoveries normally take around 10 years to become available to the general public if ever, think of all the cancer cure discoveries that have been discovered over the last decade and see how many have become available to the public, a tiny percentage.
From what I've gathered, the DCF models used by the brokers assume house price appreciation of 4% per annum. The sensitivity is +1% = +$1.50, so that's a huge effect. I can't see house price appreciation dropping below 5% for the next few years, so at $5.60, this is still undervalued, and I think $6.50 - $7 is fair value.
Any advice on why the SP keeps rising while the dividend is locked in at value 5.37 (advising disc.of 2%)?
Expecting SP to drop on issue of div. being a time I want to take more! Am I presuming wrong?