There was a graph shown of OCA becoming a smaller and smaller percentage of SUM over time. That just shrank a bit more (sobbing emoji)
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There was a graph shown of OCA becoming a smaller and smaller percentage of SUM over time. That just shrank a bit more (sobbing emoji)
Hi all. First time poster but have been a keen follower of this thread since initial listing. I have the greatest of respect for all posters who undoubtedly are far more intelligent than myself. As a firm believer Oceania will deliver the goods in due course( 100% of my current portfolio). Call me foolish if you must but I am a born risk taker and content with that. I would like to add a couple of points to the conversation. Although I believe in Oceana I have little to no faith in The Market as a valuer. Mr Market is a very fickle creature and a reactive one at that.
My first point is Warren Buffet is quoted as saying “ When the market is fearful be greedy and when the market is greedy be fearful). The Market at the moment is very jittery and fearful and do I believe it is a great time to buy. Whether it is the best time I’m not sure.
My second point is if we study the Summerset thread way back in their first few years it’s almost a carbon copy of the Oceana thread with the same opposing opinions. And yet now it appears to bd the darling of the retirement stocks and trading at $10-$11. Imagine if Oceana gets to that level Greg Tomlinson will have a $270,000,000 nest egg!
61c is a good entry price ....the last time sp was down to this price was COVID time
Thank you for some great ideas. Only very intelligent and smart investors or traders put all eggs in one basket. I also have parked nearly 80% in one basket. If we are in the right basket we are going to get massive compound returns. I like to have future strong balance sheets firms. It's better to park money in known businesses than going behind other businesses. Also should apply:
Don't follow the crowd!
Good luck!
If OCA hits 55c (and I pray it does), then in my opinion OCA will be the cheapest it ever has been as a % of intrinsic value.
Totally disappointed with the share price today. I thought I did well buying at 66c last week. :mad ;: