INA 1.42% $5.00 ingenia communities group

looking very solid

  1. 350 Posts.
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    Good to see such a solid trading trend in this one. Great buy depth in place.

    The recent industry update dated 20/7/12 from Villages.com.au had this snippet:

    Good news on sales forecast


    "At the RVA Regional Conference in Melbourne yesterday confidence was being expressed that the sector has bottomed out. Leading Knight Frank valuer Sam Murphy stated one sale a month is the norm but we should start to see growth. Darryl Watherston, heading Ingenia marketing, has been making great sales in both his DMF and rental villages, with stock now becoming a problem in Perth. His Chairman, Jim Hazel, is also upbeat about the sector 12-24 months out."
 
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