OCA - Oceania Group - retirement villages

[Daytr]

Welcome back from North Korea SailorBoy.
Great entertainment.

And I'm convinced, smashing into the piggy bank as we speak.

[Daytr]

Here's a thought.
Maybe value the assets like a bond.
What discount would the face value of the assets be returning about half what I can get in the bank?
Anyone?

[SailorRob]

Here's a thought.
Maybe value the assets like a bond.
What discount would the face value of the assets be returning about half what I can get in the bank?
Anyone?

To get a 10% return on market value of equity, the assets would need to return 1.5%.