WOW I am going to go have a drink. An update from this lot is worth celebrating.
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WOW I am going to go have a drink. An update from this lot is worth celebrating.
Seems Oceania only sold about 69 new units in second half of year H224 …..new sales about the same as H223
No wonder a bit light on real detail …hopefully thinking the market will go into raptures with some big numbers
Continued growth in resales is good …..but the new sales not good.
Maverick ..am I about right …please check for me
If right you disappointed?
Divestment of surplus properties for near book value. Maybe dividends will resume. I would say any rumours of a CR should now be buried for a long time. But as usual, the SP just doesnt feel the love.
I think the announcement is tracking the Wah's performance of the weekend nicely.
Sales volume reasonable considering the market, margins no doubt lower but they forecast that.
Let's call it a come from behind draw.
Golden point to come at the end of May.
pretty average , at least they did a update that's an improvement. margin update would have been good
Property market not too bad last quarter. Number of sales in March 24 Qtr v Dec 23 Qtr were UP (REINZ data)
So comparing March 24 Qtr v Dec 23 for RV outfits
Number of New Sales -
ARV UP
OCA DOWN
SUM UP
Number of Resales -
ARV UP
OCA DOWN
SUM UP
Property showed a bit more life in March quarter. ARV and SUM saw more sales than December but OCA have reported less sales.
Supply not an issue as all say they have plenty of stock on hand
Something not quite right with OCA selling less while others are selling more. I'm trying to make sense of it but struggling.
Wonder why that's why Brent was a bit vague in the announcement ...almost a non announcement ...but it keep me occupied for a while ...and Speedy Az still got his walk.
No RYM numbers yet
One thing about PR companies is they can produce glowing reports out of not very good news …and One Plus One is one of best outfits around.
They sure did a good job for Oceania this time