Indicates theres a fund or funds deploying a quant strategy in the sector.
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You are sounding like an investment adviser again; telling us investors what the future is for certain with investment bias in full flow.Do you have any qualifications that gives you that sort of authority? One thing i have learnt in investing; one thinks simply like a "no brainer" at their peril and loss lies ahead with this"strategy".
Anything can happen and the aged care sector as an example is not bullet proof and things can change in a day re your net worth. Anything that has Govt subsidy, involvement can come undone. look at the Aged care companies in Aus ;EHE, JHC,,REG.Overnight the s/p plummeted because the Govt started making regulatory noises about who can charge how much for what. Folks thought there was a bullet proof moat around the sector and that the Govt would not reduce its regulated payments to the sector because after all the Govt needs the private sector to fill the supply void and to the voters; the population its a sacred cow , right; wrong.
As for theproperty stock component well we've had a wonderful run alright; lots of things that can deal to that bubble..
Buy and Hold ; Wet and Forget spin,can be Long and Wrong in these fast changing times.
I wont be drawn into game playing. My wife and I have a combined total of 52 years experience in this industry at the coal face so yes we have some authority so to speak, thats all ive got to say. PS-The future is unknowable, we can only work with where we have come from to where we are now.
Serious ly not into games; too much at stake in the investing world.52 years in your industry does not give you the right to advise people financially on Investing, in shares like AIR or Summerset. Opinions are the norm. When i share about a stock i have learnt to think"What if one naive, or newbie , elderly etc person follows what i do and they lose money on what i have advised or stated as a "no brainer"certainty". More fool them but also me for coming across as an authoritative influential do as i do leader . All I ask is that can you can see the huge difference between an everyday ordinary Investor(the S/T community) sharing opinions and info and stock ideas ;...or sounding like a qualified investment adviser who says invest in this this, and doesn't haven't to take any responsibility if that advice turns sour and loses money for other folks let alone admitting it or apologising.. First rule in investing; don't lose money. 2nd rule; don't lose other peoples money.
I wont be drawn into games with cats either, investment acumen and experience in an industry are two separate topics, my wife and I know this industry inside out and upside down so from a knowledge of the industry viewpoint, yes we can speak with authority.PS-Made good money out of both Sum and Ryman as investments.
Well I see this has turned from a Summerset thread to a Experience & who has 'authority' to speak thread ;)
I don't have that much experience (being young ;)) but all those finance companies were a no brainier as well, right?
My view (if it is worth anything) is that any NZ retirement stocks should do well long term, the key word being should... far from 'no brainier' status.
Whatever SUM heading to underlying profit of $55m and npat of $120m in F16
Next year f17 should see pretty strong growth again
That sort of performance warrants a share price well in excess of $6 in the current market
Under $5 at the moment - great investment with minimal downside risk at these prices and with the potential to make heaps
No brainer really
^^^^ Agree 100% mate.
No question Couta1 and his wife's vast experience in this sector gives them extremely valuable insights into this industry which I for one am extremely pleased he shares.
SUM have been growing faster than RYM since they listed and SUM have the best land bank...long term investors are extremely well positioned.