OCA - Oceania Group - retirement villages

[winner69]

Mav …good reasons given why it’s. RYM problem and shouldn’t affect OCA

RYM split of new sales by half year interesting

F23 H1 144 and H2 318
F24. H1 216 and H2 218

So huge decrease in H224 v prior 2 reporting periods.

Maybe their expectations were just too optimistic ……and that your reasons have substance

Be interesting what Summerset say next Monday ….and Arvida might put out another ‘newsletter’

[winner69]

At 63 cents trading at 55% discount to NTA

[winner69]

Exactly.... Which is why the takeover offer will turn up on that day.

SNOOPY

But our Liz wouldn’t want to crystallise her paper loss so would get the Board to reject it ……..as opportunistic and doesn’t reflect the real value of the company

[Ggcc]

Really feel for shareholders. The board seem to act like possums staring at headlights. If anyone ever saw South Park. This is the perfect time for Officer Barbrady scene. “Nothing going on here!!!”

[Balance]

Better hope OCA does not do a CR anytime soon!

Could see a hikoi by shareholders to unseat the directors.

[Snoopy]

Really feel for shareholders. The board seem to act like possums staring at headlights. If anyone ever saw South Park. This is the perfect time for Officer Barbrady scene. “Nothing going on here!!!”

SNOOPY

[alokdhir]

When SUM reported good stuff ...OCA hardly moved up but when RYM reported bad stuff then it follows RYM down big time

This behaviour of reacting much more to bad news then sector good news may be conveying something much darker but then it cant keep going down ...sometime it has to turn around like ATM did ...hope keeps world happy place

[Antipodean]

The paucity of updates from OCA, means sentiment will always trend negative. Even is nothing underlying is at issue.

The reality is no one really knows how OCA is tracking since last update. In this case, the market is treating no news as bad news.

[Ggcc]

SNOOPY

https://www.youtube.com/watch?v=5NNOrp_83RU

This seems to be better than that one.

[Bjauck]

Looking grim indeed.

Ryman’s downgrade could not have come at a worse time with the index selldown next week.

No bidders piling up at 60c unlike the last two trigger points of 65c and 70c.

Sp could very well has a 5 in front of it when the MSCI selldown hits.

Ouch!

Retail punters have run out of firepower?

Many Retail shareholders have such expensive houses and expensive investor housing to have not much left over for investment in a company investing in yet more NZ real estate in an uncertain market.

Disc: I did make a small switch from SUM into OCA today.