ARV - Arvida Retirement Villages

[trader_jackson]

https://www.nzx.com/announcements/315395

Pretty nice to see, I thought the share price weakening in recent times was possibly because people weren't sure if they could deliver on a big 2nd half - today's announcement shows they are going to deliver a massive uplift in the 2nd half. I note in the half year presentation they mentioned "Expected new sale settlements of 70 units in 2H18", that language has now changed to "Arvida is on track to settle at least 70 new unit sales during the second half", maybe the market missed it because their share price actually went down slightly (then again, could be the juicy dividend, being paid in just over a week I suppose).

I suppose the proof will be in the pudding (aka when half year results are released in late May)
You'd think that if sum others can miss their building guidance (or arguably, barely meet it), yet still have a share price jump after results are released, then others who look like they will exceed it, should have a share price skyrocket.