Julian sounded so happy you would have to think that Summerset are going to exceed guidance by a long way this year
What was that guidance again?
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Yes absolutely mate and he was brimming with confidence in his interview with the NBR journalist recently too. Their official forecast is $73 - $75m underlying profit but the hounds nose for excessive conservatism is giving a reading that's off the charts ! $100m wouldn't surprise me but I will stick with $85 - $90m for now.
. Extract from post #5538. I meant that and appreciate your input. By all means enjoy your break mate and I am sure many on here, myself included, will welcome you back when and if you choose to post again.Quote:
Honestly mate I am highly appreciative of your excellent TA posts and you know I usually look for stocks where FA and TA line up
House prices still going up - even Auckland was higher in August than July (REINZ)
So Summerset potential residents getting more for their property ....and paying more for the nice Summerset unit they buy
Heck that forecast of yours Beagle might be a bit light
People read the papers too much - media and reality are poles apart
I’m very disappointed to see Hoop has chosen to take a break for a while. His post on the “Which To Buy” thread recently was amazing. So much knowledge and wisdom and yes posts like that can take an hour to write. I can understand that he feels discouraged after putting so much work into his posts. https://www.sharetrader.co.nz/showth...IA-FPH-MFT-THL
Sharetrader is an amazing resource because so many people are willing to share their knowledge.
While it is easy to say do your own research it’s even better if research is shared.
Big purchasing at the end of trading...... any ideas?
Just looking at the market depth myself. Amazing rollercoaster today - starting with 506, going down to 497 and ending up with 516 - and quite significant volume as well - but now no bidders left for quite a long stretch.
Looks like only one big buyer going in at the end of the day. Some institution exploiting the fact that SUM shares are currently on sale?
RTM kicked up at the end of day as well.