Bontrager Reports on Strength of RV Market and RVIA
In remarks at RVIA’s Annual Membership Meeting on March 1 in Tucson, AZ, RVIA Chairman of the Board Derald Bontrager told members that RV shipments are expected to continue to grow in 2016 and that the association is as robust as the surging RV market.
In looking ahead to next year, Bontrager reported that RV wholesale shipments are anticipated to reach 381,800 units, a rise of two percent over the 2015 total. This projection comes on the heels of a year that saw RV shipments increase five percent to 374,246 units.
The forecasted total is more than double the industry’s recession low, and would be the highest mark since 2006.
The recreation vehicle (RV) industry’s shipments will reach 381,100 units in 2016, a 2.0% increase above the 2015 total of 374,246, according to a new forecast from the Recreation Vehicle Industry Association.
The forecast was prepared by RV industry analyst Dr. Richard Curtin, and released at RVIA’s annual meeting held in Tucson, Arizona.
“Last year marked the longest period of sustained growth in the past fifty years,” said RVIA’s new president, Frank Hugelmeyer. “The industry has recovered from the recession, and we’re looking forward to sustained growth into the future.”
The forecasted total for 2016 is more than double the industry’s 2009 recession low, and is being driven by an improving economy, a deep-seated preference of consumers for the RV lifestyle and innovative RV designs
“The favorable RV outlook is based on continued gains in jobs and wages, as well as low inflation and interest rates,” said Curtin. “Although interest rates, inflation and gas prices will move up in the future, there is no reason to expect a sudden increase during the year ahead.”
The 2016 gains are expected to continue the strong performance of conventional travel trailers, and type C motorhomes.
The RV industry’s resurgence reflects the ability of manufacturers to quickly deliver new features and options that appeal to changes in the marketplace.
Dr. Curtin noted there is a wide band of possible outcomes around the current RV forecast because of unusual levels of uncertainty in economic data and the political arena. These uncertainties are expected to be offset by strong and unyielding consumer preferences for the RV lifestyle.
I can tell u it is still very cheap, u kmow why? Since everyone worry on usd, let me use usd 3.8 to calculate the fair value, based on last 2 historucal qtr, eps is around 7 cts for usd 3.80, total yrly eps will be 2,80, with pe10, it worth at least 2.8, all my assumptions are very conservative, i am adding
Is oil price up justifiable and sustainable? Just a temporary technical rebound? Fundamentally it is still oversupply. They freeze production output at current oversupply lvl. Idiots also know that it helps nth. Any advise from fellow sifu? :)
Not all export ciunter will have negative impact from the Rm strengthening. Advise to investor to study qtr resulst and take advantage from recent turmoil.
KUALA LUMPUR (March 4): Malaysian exports fell 2.8% to RM61.9 billion in Jan 2016 from a year earlier, on lower sales of liquefied natural gas (LNG), crude petroleum, refined petroleum products and natural rubber.
In a statement today, the Statistics Department said exports of LNG and crude petroleum dropped 48.2% and 38.2% respectively. Refined petroleum products and natural rubber exports declined 19.4% and 24.9% respectively.
However, electrical and electronic (E&E), oil palm and timber-based products' exports increased. E&E exports rose 2.6%, while external sales of oil palm and timber-based items climbed 5.8% and 12.2% respectively.
E&E items accounted for the largest portion at 36.1% of the country's exports, followed by oil palm products at 7.8%.
In geographical terms, the Statistics Department said Malaysia recorded lower exports to Japan, South Korea, Taiwan, Australia and Hong Kong.
Malaysian imports, however, rose. The department said imports rose 3.3% to RM56.5 billion, from a year earlier, due to higher purchases of intermediate and consumption goods.
The department also said Malaysia purchased more goods from China, Singapore, Switzerland, South Korea and India.
Malaysia's January on-year exports drop, follows Dec 2015's export growth of 1.4%. December imports had expanded 3.2%
another fact we could trace is US export data, comparing january 2016 with december 2015 US plywood & veneers import had actually increase 10.1% to USD250million.
Current price is great opportunity to sell. Sell now if you are in profit. Dont buy as the party will over soon. This is a sincere reminder to small retailers. Wake up n get out now! DO NOT GET SLAUGHTERED! SHARKS ARE WAITING AT HIGH TO OFFLOAD! DO NOT BE THEIR VICTIMS!
Rugi lebih banyak daripada untung. Itulah yang dihadapi oleh peruncit pasaran Malaysia.Lebih baik saya lari dulu sebelum terlambat sebab sindiket pada ketika ini cari peluang untuk lari dulu sebelum terlambat. Ekonomi sekarang bertambah teruk. Oil& gas company rugi banyak contoh Perisai.
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tksw
12,807 posts
Posted by tksw > 2016-03-02 17:04 | Report Abuse
probability sifu, U dun tok muscle lar, that fella a lot of private part in his mouth. later he spit it out