Originally Posted by
Maverick
Of the 133 late December fy18 deliveries there is actually only a net 113 surplus above normal stock levels ( by my calcs). If it takes three months avaerage to sell a villa then half of the 113 should have sold = 56
I would normally expect the first quarter sales somewhere around 75.
my expectations are for this quarter sales to be 75+ 56 =131.
Thats a huge call I know , so it will be very interesting to see how it actually works out.
IF , and that's a big IF, the sales are anywhere close to 131 that will be a huge jump from normal. So then the share price should surely see some nice action.( and just maybe ARV + OCA ).