Yes I shouldn't have said anything, and kept it for the ARV thread.. :cool:
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Yes another pleasing result.
With the huge tailwinds in this sector.we will see well run companies such as SUM, enjoying a high ongoing growth trajectory.
I think your forecast of 650 was unrealistic. I was forecasting 156 for the quarter which would have got them to 588 so just 10 units short of that.
For F16 I'm working on new of 95/qtr , resale 67/qrt = total 152
or FY new 380 new, 269 resale = total 650
This is about +12% volume gains (new +14% resale +12%)
I note FNZC in October mentioned they believe they may do 400+ new in F16
After 2 years of relatively flat resales growth the 42% jump this year is impressive but highlights that forecasting their results don't go in a straight line.
TFA...Is the quality of build ever questioned...Ive driven
through a few Ryman places and they look quite substantial i.e.the units.If you listen to RNZ potentially leaky builds are still occurring around 15 %.Im just thinking when a company whacks out these p[laces by the 100's does quality suffer.......cheers