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