CL8 0.00% 1.3¢ carly holdings limited

My Income Model, page-34

  1. 3,129 Posts.
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    @Danyal

    Based on 20% DMC revenue growth seen in October I would now assume your numbers could be leaning a little too conservatively. The leading indicator of "Rental Days Sold During Month increased 47% compared to September 2016" this is this is the first signs of holiday surge (it's exciting to extrapolate this snippet of information) :-

    Conservatively a continuation of 20% m.o.m growth
    November 4989 NRDR
    December 5986 NRDR
    +October 4158
    = 15133 NRDR

    Potentially (based on above) a 30% m.o.m growth
    November 5405 NRDR
    December 7026 NRDR
    +October 4158
    = 16589 NRDR

    16589 across 90 days = is only 184 cars rented continuously!

    Not unrealistic at all IMO, lets not forget "December 2015 rental transaction value increased by 57% compared to November 2015" due to the crazy holiday season demand, from memory we ran out of available cars to rent. Most newbies here probably haven't factored this seasonal surge event into there strategy.

    Last year in December we had about 600+ vehicles predominantly personal vehicles and during the holiday season they are mostly kept for personal use. Therefore availability wasn't there to completely meet that demand.
    Now due to the corporate deals, we now have a far greater average of dedicated rentals cars as compared to personal cars as well as a higher stock total.

    IMO I'm predicting some impressive numbers over the coming 2 months
 
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