Hey Ferg ….those numbers. Sort of get what you showing
They demolished / written off quite a few units in the past few years as they go down the care conversion path ….maybe that’s the missing number
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Hey Ferg ….those numbers. Sort of get what you showing
They demolished / written off quite a few units in the past few years as they go down the care conversion path ….maybe that’s the missing number
Inflation print at 2.2% for the quarterly. Multiple by 4 quarters and were running at 8.8%.
The 10 year is spiking as it should, interest rates can only go up from here.
That's correct Biscuit - I am coming up with lower capacity figures versus what was reported in the AR. I'm also unsure about the other number I tagged red being the vacant new builds. I have zero sense if that is correct or if it is out by miles. I don't think I am comparing apples with oranges.....or maybe reported capacity is weighted for being available for only part of the year....?
Sorry mate, looking back would hurt my head too much. I am happy to accept the numbers at face value.
Interesting inflation data out today with inflation up a whopping 2.2% in just the last quarter (8.8% per annum) and the cost of building a house up a whopping 4.5% this quarter (annual rate of 18% !).
What does all this mean for OCA with its flash recently built villages at Meadowbank and the Sands and the one in Nelson ? It means the cost to build these as new buildings that are already built has gone up quite dramatically and this must flow through to resale prices.
Please Brent, be far more confident in pricing the units with the wonderful facilities you are offering residents and price them more appropriately for the safe and secure lifestyle we are providing residents. A 4.5% across the board price increase now to reflect the revised cost to provide these facilities is about 6 cents per share in asset backing. Lets do this !