Summerset group holdings logo

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy N/A (N/A) shares

Learn how to easily invest in N/A shares.

Summerset Group is a developer and operator of retirement villages and aged care facilities. Shares in the company are listed on both New Zealand’s Exchange (NZX) and the Australian Securities Exchange (ASX) — keep reading for instructions on how to buy Summerset Group Holdings shares on the NZX.

About our promoted products: Our ‘promoted’ products are presented as a result of a commercial advertising arrangement or to highlight a particular feature. Promoted products are not a recommendation, an indication a product is the best in its category, nor represent all products in the market. It is important to compare your options and find the right product for you.
Some of our promoted products are CFD providers. CFDs are complex financial products and traders are at high risk of losing all of or more than their initial investment

How to buy shares in Summerset Group Holdings on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Summerset Group Holdings. Find the stock by name or ticker symbol: SUM. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Summerset Group Holdings reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of Summerset Group Holdings, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of Summerset Group Holdings. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Compare NZX share trading platforms

Name Product Available Investment Types Min. Monthly Fee Available Markets
OFFER
Sharesies
Shares, ETFs, Managed Funds, Index Funds
$0
US, NZ, AU, Funds with exposure to multiple markets
Finder Exclusive: Sign up through Finder and use the promo code "FINDER22" for a free Sharesies Wallet top-up valued at NZ$10. Promo code is valid for new investors from Tuesday 4 January 2022 - Friday 4 March 2022. Ts&Cs apply.
Trade and invest in more than 8,000 companies, ETFs and managed funds across New Zealand, the US and Australia.
ASB Securities
Shares, ETFs, Bonds
$0
NZ, AU, Funds with exposure to multiple markets
Direct Broking
Shares, ETFs, Bonds
$5 per month
NZ, AU, Funds with exposure to multiple markets
loading

Compare up to 4 providers

Summerset Group Holdings overview and background

Founded in 1997, Summerset Group opened its first retirement village in Wanganui. It has since grown to become one of the largest aged care providers in New Zealand, with over 30 retirement homes either completed or under development. The company also has several other land sites across New Zealand and Australia that are yet to be developed.

Shares in the company are traded on both the NZX and ASX, and Summerset listed on the NZX in 2011. It became an NZX 50 company in 2012, and today employs over 1,800 staff. Summerset’s headquarters are in Wellington.

Performance and company results

In its annual report for the 12 months ended 31 December 2020, Summerset Group Holdings Limited announced the following key results:

  • Net profit after tax of $230.8 million (an increase of 32% of 2019)
  • Underlying profit of $98.3 million (a decrease of 7% of 2019)
  • Total assets of $3.9 billion (up from $3.3 billion in 2019)
  • Operating cash flow of $266.8 million (up from $237.9 million in 2019)
  • A final dividend of 7 cents per share

Key details

NameSummerset Group HoldingsIndustryRetirement Living & Care
Ticker symbolSUMISINNZSUME0001S0
TypeOrdinary sharesDate listed on NZX01 Nov 2011
End of financial yearDecemberChief executive officerJulian Cook
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

  • Your complete guide to cryptocurrency statistics

    The one, two, threes that anyone looking into cryptocurrency needs to know before you start buying.

  • Best Shiba Inu (SHIB) wallets

    Shiba Inu (SHIB) is an ERC20 token that can be stored in any Ethereum wallet. Pick a SHIB wallet for long-term storage, short-term trading, or both.

  • Dogecoin vs Shiba Inu

    We dive into the two most prominent meme coins to understand their similarities and differences, and to compare them on supply and other features.

  • Bitcoin ETFs guide

    Bitcoin ETFs sound simple, but come in many different forms. We unpack how they work, what makes them different and compare exchanges that let you trade them.

  • How to buy BITO ETF (BITO) shares

    Steps to owning and managing ProShares Bitcoin Strategy ETF, with 24-hour and historical pricing before you buy.

  • Solana (SOL) price prediction 2022

    Your guide to what to expect for the price of Solana (SOL) in the weeks and months ahead.

  • How to stake Tron

    Find out how to stake your TRX tokens and how Tron’s delegated proof-of-stake consensus mechanism works.

  • How to buy Illuvium (ILV) in New Zealand

    This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.

  • How to stake and earn AAVE

    Find out how to leverage AAVE token holdings to earn interest. Stake in the Aave safety module or provide liquidity to a DeFi protocol.

  • How to stake NEO

    NEO staking involves locking up NEO tokens to earn rewards.

Go to site