SUM - Summerset Group

[blocker3]

Bounce time

Yes.. good : was that the bottom? I hope so

[winner69]

Okay folks for what its worth my conversations with the National sales manager the other day indicated that there are a lot of new sales coming on board to go unconditional in the near future and there is strong demand from all their villages but particularly Karaka,Warksworth,Hobsonville and Trentham and he emphasized that doubling the first two quarters results in a false way to get an idea of total yearly sales

but we not doubling first two quarters to get an idea of total years sales

We are doubling AND adding 50

[winner69]

and somebody said you need to look at rolling 4 quarter totals to see where they are heading

well 4 quarters to June 14 new unit sales weren't much higher than a year prior (217 v 200)

So lets hope all those new sales come through eh

Amazing they can sell that many in that damp cold part of Trentham ....probably if you have lived in that part of Upper Hutt all you life you used to it

[couta1]

but we not doubling first two quarters to get an idea of total years sales

We are doubling AND adding 50

What he was trying to say was that the yearly sales numbers are not determined by simply doubling first half sales when the second half will be much better ie expect final figures to be significantly more than just doubling first halve so there's your 50 hopefully

[couta1]

Beautiful outlook at Trentham winner plus you get to. see the races from your back yard.

[winner69]

Beautiful outlook at Trentham winner plus you get to. see the races from your back yard.

Yep you do but it lower than the race track itself

Tomorrow they will be able to watch the horses plod around in knee high mud

[blocker3]

Interesting on

http://www.4-traders.com/SUMMERSET-G...INGS-10089438/

predicting Sales up- Net profit down for 2014

Concensus = HOLD

[couta1]

Interesting on

http://www.4-traders.com/SUMMERSET-G...INGS-10089438/

predicting Sales up- Net profit down for 2014

I see they are predicting both sales and net profit to be down in 2015 for Ryman

[blocker3]

I see they are predicting both sales and net profit to be down in 2015 for Ryman

Yes , true Couta1. However Ryman is still in the upward channel at the moment.

Disc still holding Ryman also

[couta1]

Yes , true Couta1. However Ryman is still in the upward channel at the moment.

Disc still holding Ryman also

Ditto