OCA up for the day (again) 'go you good thing' , SUM down. What's causing this?
Disc. hold both for long term.
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OCA up for the day (again) 'go you good thing' , SUM down. What's causing this?
Disc. hold both for long term.
I suspect quite a number of weak hands capitulated on OCA at about $1 and that selling pressure has dried up. I also think there was quite a bit of tax loss selling by traders leading up to 31 March 2019 and now those sellers are finding they're SUM what poorly positioned.
Would they possibly also be the ones who naively bought into your sustained ramp? Man, you were so all over this OCA, pumping it to the moon in spite of SUM. Now look at you, looking for reasons why SUM is a better choice, trolling the OCA thread vindicating your exit. Think about it. Your cross-promotion posts wouldn't be allowed on the despicable Hotcrapper website, I'm not sure why you get away with it here.
Well Baa Baa I see it 100% differently. I see nothing anyone on here "has got away with". I see an already very big company (3000+ employees) doing exactly what it said it would do and paying me approx 4.5% with wonderful new builds on stream (I have visited 3 of them for a full tour) and many thousands of in need folks being really well looked after. I had a loved relative in a OCA self owned full hospital care apartment and it was a top class experience. Beagle analyses stats better than most and does it well and straight forwardly in manner that I really enjoy. Stick with friendly informative posts that nearly all use here and we all benefit. Do you know the value in business of a firm that does exactly what it promises ?? Its the greatest thing in business because b-----all can do it!!
I remain delighted with my substantial investment in OCA and I very much like the supervising Directors also. Ramping!! bull ---Its how I see it based on observations and facts. At 106 what a bargain.
I view it differently Baa Baa. Beagle is posting his opinion like everybody else on this site. We read the opinions mull them over and come to some conclusion. We do our own research. Also I can’t see that this website has any influence on the market at all. A good example is the Turners thread where people are puzzling over who are the “wise heads” selling whereas I would gather that most would consider Turners a buy at the current price.
I value highly all all opinions expressed on this website including yours apart from the above one which is a Tad harsh.
I like all views, some a little harsh than others but I actually value all posts and gets me researching in other directions which I otherwise would have missed.
ONE THING FOR SURE THOUGH: there are rampers on this forum, make no doubt about that. Picking numbers from the clouds and forecasting that does happen on ST. I am not saying on OCA in particular, but in ST in general. Just DYOR and accept all posts regardless but dont make decisions on them.
What a nice thing to say Winner. I would give you a reputation point for that but no point since there is no room for more.
I said before on SML.... people lose money just because people were ramping it down...at stage..it went down $9.30 ish before it bounced back just because a lot of people reading the negative comments!!!
Not sure what got into you last night but F.Y.I. I still have a substantial shareholding in OCA. WOW - Talk about getting the wrong end of the stick ! Take a chill pill mate.
I think its fair to a LOT of people on here (myself included) had very high hopes that OCA would be well north of where it is today and were very enthusiastic about its prospects.
I would have thought you'd be out anyway seeing as the weak TA.
Got anything else you want to get off your chest to me ?, please take it to PM.
Got to laugh. A poster on a wee internet forum accused of ramping. It ought to go without saying any visitor here ought to be bright enough to do their own research which may, or may not include the views / analysis of one or many contributors. We are each individually responsible for our own investment outcomes.
What does get my goat is investors making decisions on company information where that information is neither timely or fulsome. What we can say of OCA is that their accounts aren't the simplest to comprehend an dthat in itself may lead to poorly timed investment decisions. Or it may just be a fickle market doing what fickel markets do. You cant lay that on one individual poster
Gotta admit Beagle gnaws on a few bones (doesnt actually mean anything just saying it for fun Hi W69!)and that he sure aint afraid to promote his interests and current beliefs but yeh we all accept its an existential world and we all walk our own path by putting our feet in front of one another and we all choose where to put that foot, unless maybe you've granted a Power of Attorney.
Also gotta admit he picks a few turning points and so is worth a listen huh - especially for traders!
Still holding a slightly underweight portion of OCA, based on good sector, good directors, clearly articulated strategy (just like Beagle), not a bad yield considering growth potential. But not absolutely proven as yet so not something to throw the farm at imho, just part of a promising portfolio.
Perhaps worth mentioning that this is a fairly young company in terms of its time listed on the market and I am sure I am not the only one improving my understanding of the company as we go. Financial statements are also one of the most difficult to understand of any I have ever tried to wrap my head around.
Also worth mentioning that the interim result was at the bottom end of my expectations and obviously quite a few others, hence the more muted tone on here since that announcement in January. I think there's a lot of people on here who are underwater on this one, even those who thought they were getting a bargain from Macquarie in their sell-down last September at $1.10.
Human nature, (which is perfectly understandable and rational) is to talk positively about one's own companies. Unfortunately human nature can also be very ugly especially so when those riding high horses like to blame someone else when they suffer losses. Wonder if they have ever heard of DYOR ? If those people want a professional opinion I would suggest they go and consult their broker, just don't expect that to be independent, it will depend upon what the house view and house investment position is.