Why are sales disappointing ?
Last year I suggested to Julian Cook that SUM needed to move to a fixed fees for life model like virtually all other retirement villages have done. My message fell on deaf ears. The board at the most recent annual meeting appeared very confident they will sell all the units they're building. The sales stat's that Winner has posted a graph for paint a different picture and speak for themselves. The results for Q4 will determine whether I sell some more and go all in on OCA or not.