RE:RE:RE:Undervalue..........I do not disagree.
The sad part is that we now control Geranium as I understand it.
I got caught year ago in Burlington in the early 90's.
I built, and was stuck waiting for sales. The resale market was in the dumps. I was sitting there looking at a bunch of invoices from suppliers and trades. I had to take what I could get. By the time it was done, I had lost 10k a unit. And I worked my butt off.
Rai has not paid attention. I will repeat. Homebuilders earn their keep. We should just be selling land packages. The cycle has turned. I expect little activity at HG this year.
Rev tracking for May Golf.
Revenues rebounded in May showing a 30.3% increase nationally over May 2021. Ontario posted a strong 126.1% increase in dollar revenues likely a result of the May 2021 closures due to COVID mandates. The Atlantic (41.2%) and Prairie (29.5%) regions also recorded strong revenue increases likely from membership and package sales as both regions are showing a decline in rounds for May 2022. British Columbia is showing a slight decline in revenues for the month likely caused by the cool rainy May weather and the resulting 23.4% decline in rounds over May 2021. YTD revenues are 12.2% ahead of last year almost wholly due to the significant year-over-year change in Ontario and to a lesser extent the Atlantic region growth.