Not a great quarter and not a bad quarter, hopefully they deliver in Q4.
"The group is on track to deliver 450 retirement units for the year. A large number of retirement unit deliveries have been late in the third quarter which will reflect in settlement volumes in the fourth quarter”.
SUMMERSET GROUP HOLDINGS FY16A FY17F FY18F Average number of retirement properties 2624 3053 3500 * Average resale margin on new and existing properties ($) 82,640 90,250 95,500 * Average management and membership fees generated per retirement property ($) 10,686 11,000 11,300 Sales of Occupation Rights - Units 658 638+ ?