InvestorsHub Logo

Sam81

05/24/19 6:46 AM

#193187 RE: dmlcento #193186

DM & Sabre

All time highs in market share in a shrinking market is not what I was hoping for



I am not the type who likes to reply and argue, but please both of you get the facts correct before posting.
What i like about numbers that "Numbers Never Lie"

How did you get to the conclusion that it is a shrinking market
There will always be variation week-on-week, but the monthly numbers will prove you super wrong

Sector was around 482K in Sep-18 (i.e. before Red-IT Results) and by end of April-19 it stands at around 549K --> ~14% increase. I don't think this is a shrinking market
Moreover, if you take the first 4 months of 2019 vs same period 2018, and usually this is the slowest period, sector is +11.31%

Last point, the total sector for week ending 17/05 stands at ~119K, true it's lower than the previous 2 weeks (120K & 122K), but the total of ~119K is way higher that weeks before, going back to the yearly peak in December