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Ritchie Bros. Auctioneers Incorporated Message Board

  • iknowused iknowused Oct 8, 2008 9:44 AM Flag

    RBA has changed my opinion

    After attending another RBA sale last week, one really wonders how can they continue to sell equipment at this pace and these numbers?

    Equipment sold at least 10% above my projections and sold in state, with very little internet buyers. One wonders if RBA really did inpections and oil samples what some of the higher end items would bring?
    My guess alot more due to internet participation.

    In addition its Simply a spectical to be at a live sale. Its almost carnival like in nature, and people seem to be happy to spend money on equipment they dont even have a job for !

    This company really is a class act, my position will increase this month. The bottom line is, as the world economy continues to weaken RBA sales volume and commissions will rise. Thus one stellar Fourth quarter.

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