OCA - Oceania Group - retirement villages

[X-men]

🥱🥱🥱🥱 are we there yet? The market is still valuing OCA at 56c.....

[SailorRob]

The machines can answer this for us much faster than any homo sapien.

***

The value of a bond where you don't get your capital back is typically referred to as a zero-coupon bond. These bonds are issued at a discount and mature at their face value; the difference between the purchase price and the face value represents the interest earned. The value of a zero-coupon bond is calculated based on the present value of its face value, which depends on the yield or interest rate and the time until maturity.

Here’s the formula to calculate the present value (PV) of a zero-coupon bond:

PV = F/(1 + r)^n

Where:
- F is the face value of the bond.
- r is the annual discount rate or yield.
- n is the number of years until the bond matures.

This calculation gives you the current value of the bond, considering the time value of money. The higher the yield and the longer the time until maturity, the lower the present value will be, reflecting a deeper discount on the initial purchase price.

Haha, I don't think the bonds Balance loaded up on were zero coupon bonds. Zero something though.

[Balance]

Haha, I don't think the bonds Balance loaded up on were zero coupon bonds. Zero something though.

I will get 100% of my money back plus interest while you will still be wondering about float(ing) sunken OCA boats.

[Baa_Baa]

Your estimate which is wrong and ignorant of what's actually happening with OCA.

Stop blindly following those who think they know but actually are ignorant. Read OCA's presentation and work through the implications of why & how its business model is seriously flawed.

Seriously, if you do not know how a bond is priced (simple as), what chance have you got of understanding OCA's highly complex and opaque financials and operations?

Logic of a swamp newt.

Gosh, that’s a brutal response. So you reckon OCA is stuffed but offer nothing except abuse and reference with no insights.

How about you lay it out with some detail yourself, about why OCA is stuffed? State your argument if you can, without disparaging others arguments?

[winner69]

Oh dear …Warriors smashed this week. Roosters 38 Warriors 18. FA for season is 3 wins 1 draw and 6 losses which is not good. Fans not daunted …one commented ‘ where are the Wahs we knew but I still love them and we won the second half’ so still on track.

Oceania share price down last week….4th week in a row …Warriors lost 4 in a row ….now that’s spooky. But the Oceania fans have been out in force cheering their love on. One fan even pointed out everybody had misinterpreted the last announcement and things were actually going well.

Casual observer "Up the Wahs" is now what the other teams all do to them. This is definitely not going to be Warriors year. Likewise for Oceania it seems they will remain the doldrums as well.

Not going the way fans were hoping

But guy from sponsor One Jason sent this message out ..a true fan ..with a vested interest -

@JasonCParis
The @NZWarriors were incredibly tough tonight. We won 18 - 16 after the first 15 minutes. We need to remove those poor 20 min periods and we can beat anybody. Injuries are a worry, but look at the players back from week 14. #KeepTheFaith
#UpTheWahs

[SailorRob]

I will get 100% of my money back plus interest while you will still be wondering about float(ing) sunken OCA boats.

I suggest you spent the evening reading the Bond prospectus and learning about your position in the cap stack Son.

There is nothing certain in the world of finance, nothing. There is no 'I will'. Apart from "I will be working my day job a while yet'

I believe you are an OCA shareholder with a higher average price than the Sailor, is that correct?

[SailorRob]

Gosh, that’s a brutal response. So you reckon OCA is stuffed but offer nothing except abuse and reference with no insights.

How about you lay it out with some detail yourself, about why OCA is stuffed? State your argument if you can, without disparaging others arguments?

Your estimate which is wrong and ignorant of what's actually happening with OCA.

Stop blindly following those who think they know but actually are ignorant. Read OCA's presentation and work through the implications of why & how its business model is seriously flawed.

Seriously, if you do not know how a bond is priced (simple as), what chance have you got of understanding OCA's highly complex and opaque financials and operations?

Logic of a swamp newt.

Pretty insulting to a lot of very smart and thorough contributors to this thread, who have gone to great lengths to explain their thought processes and are humble, unassuming and helpful. Not saying I am one of them, but pretty bad form.

And from someone who recently bought shares at a higher price than they are now.

In fact that's the biggest argument against OCA right now... Usually what Balance touches....

[SailorRob]

Strong suggest anyone genuinely interested in understanding how OCA's business & profitability/loss model works to go through this presentation by OCA.

The presentation was made in 2019 (before the surge in sp in late 2019/early 2020, the collapse in 2020 and then, spectacular sp increase in 2020/early 2021) and is still as relevant today as it was then in understanding OCA.

In particular, go through pages 25 to 30 and it should become clear why OCA is so out of favour.

https://images.oceaniahealthcare.co....Conference.pdf

Thanks for this link Balance, I have just been over it.

It is anything but clear to me why OCA is 'out of favour' particularly after focusing on pages 25 to 30. Having only the logic of a swamp newt this is unsurprising.

Also, if whatever you have found here is the reason it's out of favour, is it just a coincidence then, that OCA has traded down in LOCKSTEP with all of the listed property companies????

Massive coincidence.

Here is a quote from those pages;

'The sale of an ORA on a care bed is essentially the capitalisation of an alternative daily PAC and enables capital to be recycled'.

Interestingly this also highlights the point the Day Trader is trying to make, but he is getting confused with opportunity costs. It's like disagreeing with Buffett that over the years his cost of float has been negative by saying that the equity he has in the insurance business could instead be used to buy houses and rent them out... Well yeah... OCA needs properties to create the float while insurance companies need capital. Each has other uses yes.

[ValueNZ]

I suggest you spent the evening reading the Bond prospectus and learning about your position in the cap stack Son.

There is nothing certain in the world of finance, nothing. There is no 'I will'. Apart from "I will be working my day job a while yet'

I believe you are an OCA shareholder with a higher average price than the Sailor, is that correct?

Balance owned his shares for a couple weeks before selling them, I believe he bought them at 59c.

Your average is less than 59c? Jeez you must own quite a few shares now if you've managed that... Unless you are counting your covid shares?

[Daytr]

Gosh, that’s a brutal response. So you reckon OCA is stuffed but offer nothing except abuse and reference with no insights.

How about you lay it out with some detail yourself, about why OCA is stuffed? State your argument if you can, without disparaging others arguments?

Mate I have stated my argument over & over & got abused for it, and I actually think OCA will do OK.

Take a look at yourself.

Starting to think RYM might do better though but need to do more research.