New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Summerset Group Holdings / Equity Bottom-Up

<ul><li>Summerset (SUM) reported a mixed result, with some strong points but also some weak points.</li><li>New sales gains were particularly strong, with margins at an all time high, substantially ahead of our estimates.</li><li>This is particularly impressive as it comes with a backdrop of falling residential house prices and rising construction costs. </li></ul>

Summerset (SUM) reported a mixed result, with some strong points but also some weak points.New sales gains were particularly strong, with margins at an all time high, substantially ahead of our estimates.This is particularly impressive as it comes with a backdrop of falling residential house prices and rising construction costs. 

Summerset Group - New Sales Take the Cake, but Cash Weak