OCA - Oceania Group - retirement villages

[justakiwi]

Deleted ..... letting it go

[whome]

Fair comment, bull. .. and investors live with the consequences. Vaccination for new employees only is dumb.

[Cricketfan]

Hopefully our government will mandate vaccinations for all aged-care workers. Seems stupid not to.

[Waltzing]

"He thinks it will continue to go down in price."

Mr M might have done more work on this than the insto's. Its a very difficult one to call unless you have very well developed models and you almost have to know every site developed and the speed of conversion.

Its so complex it almost like the PM's advise on visiting friend level 3 against Dr Blowfelds advise.

More scenarios then Einstein can model.

[alokdhir]

Situation is surely risky for the retirement villages then before thats why they giving u this opportunity SP ...Can go lower if it becomes more ugly or reality is more bad then whats built in current SP .

Investors at present need think ahead ...Will they come out only bruised or fully intact or badly hurt with current CVD situation in NZ ...other countries examples are showing that this will turn out to be minor blip and things will return to normal after we at NZ also get used to CVD around ...its new for us at the moment .

[Sideshow Bob]

Not everyone has buckets of cash sitting around ready to use when an opportunity arises like this one. If you have ever read anything I have posted, you know my situation. Sharesies made it possible for me to get back into investing, on a below average income. Not all my orders are this small, but if I have a spare $20 or $30, why would I not use it to buy additional shares?

Every dollar invested is a dollar working for me. My portfolio has grown from $2000 just over two years ago, to $22,000 today. I could never have achieved that without the ability to place small orders.

Fantastic post! Well done JK.

It is all relative to each persons situation.

I have a small portion of my holdings through Sharsies, perhaps around 10-15%. Some of the companies I hold in Sharsies are the same as other holdings, but use it for bit of a play and follow companies with a XS holding that might have an eye on. Probably will also use it more for ASX/US holdings.

Also have it for my daughter, and while she doesn't have alot of interest in it currently, the money would be in the bank earning next-to-nothing. Some of the holdings and divvies are really quite small, but can re-invest cheaply and easily. Some have been as small as a couple of bucks.

Bought her another couple hundy dollars of OCA this morning as long term hold.

[winner69]

".

Its so complex it almost like the PM's advise on visiting friend level 3 against Dr Blowfelds advise.

More scenarios then Einstein can model.

And Hipkins clarified not allowed to go to friends toilet ……hope friends have plenty of bushes

[justakiwi]

There is always a risk that covid will get in. But as I have said before, the vast majority of residents and staff will already be fully vaccinated. Hopefully, that will reduce the risk of anyone who gets it, getting seriously ill. Yes, no doubt some will, but I am hopeful that most will not.

Secondly, also as I have said before, providers will continue to put restrictions in place as needed, regardless of what is happening outside in terms of levels. They will always err on the side of caution.

And finally, even if the worst scenario happens, the people living in these villages/care facilities, have nowhere else to go. This is their home. So, the likes of RYM, SUM and OCA will continue to exist. They provide an aged care service that is needed. We cannot do without them. So yes, there may be temporary "set backs" but in the long run, they will be fine.

JMHO for what its worth.

Situation is surely risky for the retirement villages then before thats why they giving u this opportunity SP ...Can go lower if it becomes more ugly or reality is more bad then whats built in current SP .

Investors at present need think ahead ...Will they come out only bruised or fully intact or badly hurt with current CVD situation in NZ ...other countries examples are showing that this will turn out to be minor blip and things will return to normal after we at NZ also get used to CVD around ...its new for us at the moment .

[alokdhir]

Short term down trend is showing ....wall of sellers @ 1.42 ....Will they try to break 140s ??

Shall we buy the dip ? Keeping adding in small lots ...all the way to what ? 1.30 or 1.20 ....Bull says $ 1.00 !!!!

[dabsman]

I buy in '$5' increments on 12 shares, every... single... day

What does that cost per day? I typically buy $10,000 blocks unless depth is a problem like BRM and MLN warrants and Harmoney etc. Bigger blocks lower fee per share