You have to include this posting from September 2018 to put things in perspective!
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my goodness what a lot of banter since a couple of days ago when I last looked!
me. I couldnt resist picking up SUM more at 5:50 the other day, not a full load, but SUM.
Posted 8/10/2018 - Obviously one Balance missed in his Friday afternoon trolling of old posts I've made. Get a life mate :p
They were a little overpriced in the late $7's and clearly underpriced in the mid $5's this week. Naturally I took the appropriate portfolio actions very close to the right time. I also picked the top for RYM at $14 last year.
Quarterly sales came out after that and significantly disappointed as noted above. Get with the program mate its not too late, Fisher Funds Management are http://nzx-prod-s7fsd7f98s.s3-websit...327/298391.pdf
Where are all these new immigrants going to live Balance ? http://www.sharechat.co.nz/article/4...nflows-asbhtml
Net immigration up from ~ 51,000 per annum last year to ~ 61,000 people per annum. I suppose all these new people brought their own houses with them lol
It's great to see the region's continuing their resilience however Aucklands sales down just shy 20% on March last year and the HPI falling 0.5% in the last month is a concern. Until we see Auckland turn around I won't be celebrating.