Growth ain't slowing,this steam trains fireboxes are being loaded up for a long profitable train ride:cool:
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Growth ain't slowing,this steam trains fireboxes are being loaded up for a long profitable train ride:cool:
Hang on, the new sales are up from 25 to 44 comparing 2013 Q1 with 2014 Q1. It's the resales that have dropped from 64 to 48. This could easily be an anomaly (not so many deaths etc). An interesting trend would be if younger residents started buying thses units pushing the time between resales up.
I'm disappointed but have to invest in something for my retirement and despite this hiccup this remains the most compelling long term growth stock on the NZX on a projected risk / reward basis in my opinion.
I wouldn't be too dissappointed. The resales have bearly doubled and there are reasons we can only guess at for the new sales drop.