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Summerset’s valuation drop not out of the blue, analyst says

Fisher Funds analyst thinks valuer conservative on Summerset’s property.

A Fisher Funds analyst thinks Summerset Group’s independent valuer must have taken a conservative view on the property market, when downgrading the listed company’s investment portfolio value.

The retirement village operator’s net profit after tax fell 99% to $988,000 in the six months to

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Calida Stuart-Menteath Mon, 17 Aug 2020
Contact the Writer: calida@nbr.co.nz
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Summerset’s valuation drop not out of the blue, analyst says
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