When bull is super negative, you buy.
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Well Mr C may we defer to Mr M.
After all he appears to have done as much or more work on this one as any insto and would be happy to attend his on line paid for webnar on the stock.
Mr M appears to know the exact location and progress on each site and any site he doesnt know about there might be a drone over head soon.
suggest we just refer to him as M.
ohhh what have I done ...I made sleepy OCA thread like SKT one ...:eek2:
"negative on OCA "
I have no view at present and defer to M.
Based on the price the markets pays for a Net return on Equity assuming the capital has no cost except opportunity (remember your economics units) WHS is returning a high yield.
If the present WHS and OCA yields continue then MR B might move WHS from a HOLD to a BUY.
If Mrs C has insider information then your conviction on this stock might indeed be high.
For a company that main function is to service a demographic where BOWLS is the hottest sport on closed circuit TV and the LOUNGE goes WILD every friday morning tea time.
Have to say its a credit to the company it has the highest attention rate in the retirement sector on sharetrader.
If yield continues is the catch here ...Even upcoming divvy is conditional ...Mr B got out as he knows the outcomes of conditions ...like ATM gave in AGM 2020 ...full of conditions and we all know what happened in Dec 2020
WHS is getting these multiples for good reason . So u cant take conditional stand " If yield continues " ...then even I will switch all money to WHS as it will pay 10% back every year ...