The middle one on the bottom line looks the ticket.
Printable View
With Summerset long term bonds going for 4.2% it’s almodt getting to stage where it’s better to own the retirement village than invest in it
Double your money on shares (with a relatively reasonable divie) cum 2025 better than collecting 4.2% pa
In a few years SUM divie might be equivalent to 4.2% if shares bought today
If SUmmerset go broke probably both bond and shareholders on thin ice.
Sorry I'm semi new to the share market and find this forum very helpful and have learnt heaps but feel I dont know enough yet to make posts well worthwhile ones anyway but have a quick question.
Have a parcel of SUM and signed up to there divi reinvestment plan which I got an email earlier in the month to say they have been allocated to me, however when I look at my anz securities portfolio they are not there?
Do they just take awhile to show or if I were to trade them do I have to do so by other means (dont plan on selling long long term hold hopefully help with retirement in 30 or 40 years).
Thanks
Another quarter and the sales downtrend continues. There were 148 sales v 156 in pcp
http://nzx-prod-s7fsd7f98s.s3-websit...833/288031.pdf
How often have we heard this from Jillian or Mr Cook
“Total sales have remained at consistent levels across the year, and we continue to expect higher sales in the final quarter of 2018, with a large proportion of retirement units built this year being delivered in the fourth quarter,” Mr Cook said.
Just as well they’ve had a bit of tailwinds in property prices this year ...next year?
Q4 is going to be gargantuan, no worries. Drove past the Hobsonville village yesterday, really looking good and noted the sign saying care center is now open. This really is a top class village, serious investors should pop out and have a look through, I am sure the village manager or one of the assistants would be happy to show you around.
Flu season wasn't bad this year - so Q4 resales may not be great.