Any ideas when SUM share price passes RYM? I’m guessing within the next two years at this rate.
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Any ideas when SUM share price passes RYM? I’m guessing within the next two years at this rate.
I have consistently said for many years that his theory has no logical investment foundation to it. The 40-60% relativity band has been busted wide open and mark my words, it will never revert back. For what its worth I think there is far better value in OCA and ARV.
I agree with you but am feeling a bit silly having unloaded SUM at $10.50 (very nice upside thank you) which I thought was moon beams, only to see it go to higher moon beams, though I console myself that I now have an OCA position that even a 1 cent move either way makes the portfolio seem like a trampoline!
Couts Theorem is a bit like my theorem that HGH PE will always revert to about 3 less than average of Aussie banks,
One of those long standing insights that have stood the test of time over many years ....but one we hope that one day will be found to be wanted and busted wide open
Wonder what Julian Cook is moving on to do next ?
I think with the benefit of hindsight he showed great vision buying up so much land. Might be easier said than done for other sector participants to find good sites at realistic prices now.
OMG ....median house price FELL in January (from December)
https://www.reinz.co.nz/Media/Defaul...ary%202021.pdf