Conversation with managementspoke to management earlier in the week, based on most recent NR update. Prior guidance is still valid. Most importantly PHM is spending time on integration and people after a big batch of acquisitions; i believe this is the most important argument to have confidence in this company. they know how to build, not just making deals. Dalsin and Greene are bankers, good in making deals. if they had stayed around longer this would have hurt the stock more. In contrast look at NHC. grown by acquistions but no eye for talent, HR, processes. Right now they hired their 4th CFO as they cannot properly prepare their financial statements in line with IFRS. This may risk longer term growth.. you got to be ready. Growth shoud be ahead of controls and process but it needs to be in balance. This is what PHM is all about!!! Just excellent!!