Originally Posted by
winner69
Beagle said - An analyst asked if they could detail the price increase that had been applied for care suites and the response was 1-2% (in a year real estate went up circa 20%) The analyst was so surprised he asked again if that figure was right and the CFO assured everyone it was. You could have cut the air with a knife, I think everyone was genuinely shocked, I know I was ! Its clear OCA have very little if any pricing power with care suites.
Jeez that's really bad ....a 1-2% increase in selling prices ..... really bad
My tracking of the realised gains per resale (care plus ILU) doesn't make good reading - like below -
F2017 $83,795
F2018 $94,056
F2019 $85,446
F2020 $71,380
F2021 $92,335
F2022 $88,316
Making on average less per resale now than years ago.... maybe care suites are the issue .... who knows
Just one of the several things that don't seem to stack up (in my mind anyway)
A