I might be missing something here. The exact statement used was:
Doesn't this mean that they achieved 108% of last quarters results in 2 1/2 months with a full fortnight yet to go? That would correlate to a rough 25-30% increase (1.08 * 6/5) for the full quarter. That's before the impact of the Subaru's.
- Net Rental Days Realised for the first 17 days of March 2017 have already exceeded the previous record achieved in December 2016 and for the March 2017 Quarter to date are 8% above the full December 2016 Quarter.
Appreciate actual earnings per car may be a little lower but I see their cash position this quarter as very strong. IMO They may almost hit $1m when you include the research refund and account for Dec cash receipts being a little underdone due to forward bookings in the previous quarter etc.
Happy to be corrected.
I might be missing something here. The exact statement used was:...
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