Yes very good value if there plans come to pass and MR M has his model working. The redevelopment of existing land is a great plan.
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Yes very good value if there plans come to pass and MR M has his model working. The redevelopment of existing land is a great plan.
jeez ... if share price down tomorrow it'll go below the 30MA
For dogs that's a bad sign
I suppose the ASM on the 24th will be another boring affair ..... a whole,lot of regurgitation of old stuff to give the believers something to salivate about.
I'll do the honourable thing and vote YES for Liz to stay on
By the way where's Warren these days -- haven't heard from him for a while. - hope he still with us
SKL has outperformed on dividend. The problem with this stock is the dividend else you have to wait for the growth.
The power of dividend is now showing itself. Not selling dividend in these interest rate recessions ever again. OCA has yet to perform on its plans. Still plenty of time for that to happen, prehaps even several years. I hope so.
W(n) does seem to like giving MR B something to comment on.
I think a lot of people, especially here, don’t really relate to the strategy of ‘long term’ or accumulation of long term assets when prices are depressed. Or maybe they’re the quiet ones. The thrill of the quick gain, the gamble, the trade is way more exciting.
But back to long term hold and accumulation, my own personal trick is to avoid spontaneous reactions by deleting the long hold’s watch list, like I don’t care and don’t see what happens to the share price today or tomorrow or next week.
So that might make one wonder how to accumulate something one doesn’t watch. Simple, I have buys in the market all the time at key technical support levels. I love it when I get the very occasional email that I own a few more long holds.
The only thing I haven’t figured out is how to avoid checking every post on my long hold threads. That’s a work in progress. 🤣
Oceania no doubt has an intrinsic value -- whatever it is most would say its (significantly) higher than current share price ....correct?
So there's a (significant) price gap
Things like market mood and momentum / stories about the fundamentals / market attention can 'close' that gap
That's not happening for Oceania - I put it down to Earl not telling a good enough story. He might be a decent chap but his story telling is pretty awful. The story he tells is boring as. No wonder not many can relate to their strategy eh baabaa
He (as the company figurehead) has to get his act together and tell the story (assuming there is one to tell) in a more dynamic way to gain attention and improve the market mood towards his company.
Failure to do this and Oceania will still be languishing as a sector laggard.
Maybe 'I have a dream ...' story could help.
Hope he's reading this .... his test is the ASM
"The thrill of the quick gain, the gamble, the trade is way more exciting."
Thrill of a market is for people with no fear of the universe.
Usually the personality risk profile will determine for your mindset what stock is a hold and which stock is tradeable.
Probably a bounce in OCA sentiment tomorrow with Nasdaq - S&P500 - DOW all showing green shoots currently............ as others
You make a good point winner, maybe the company strategy is confusing for some, but I don’t think so. It’s a 2021 maybe 2022 story. Believe the story, get as many as you can before it double and triple bags, this is a sound company offering compelling value at low prices. That’s not common in the market today. I like to think I’ve found a gem, but it does require a longer term view and it seems that many don’t share that view or aren’t interested in waiting. Hence I just accumulate when I can. Gltah
Chart TA looks flat. no break down below the 90 doesnt even look like it will get to the 90 unless there is a very big sell off globally and it will have to be a big move down.
i dont see an entry point below 97 ATM.
"recession?" in the housing market?
recessions tend to hit people under 30 the hardest and those 55 to 65 with no assets and no saving losing jobs.
Dem's over 70 with assets to sell will be selling to ex pats bringing back Pounds, Euros, USD and that means a 45% discount.
If there is a dip over the next 2 years then i hope happens but i suspect by the time we are ready to buy this again it will be well north of 1.30.
Love the market when its volatile, but have been accumulating OCA, as a long term hold as a hedge against the coming inflation and depression.Older people will still get older and look for safety and security for their declining years. If they leave it too late, tbey will end up in the hospital wing, where no one wants to be.
Look - nobody (I mean that: NOBODY) can predict where share prices will go ... and this includes you and me :sleep:;
However - if you want to have fun I challenge you to do a wee analysis how often posters wrote in various threads (maybe start with OCA, PPH, SML and ATM), that the share price will never be lower again than x (x being normally a number close to the SP at writing time) and then check how often they have been right.
I would be very surprised if you find out that the percentage of correct predictions is higher than say 5 to 10 percent, but pretty sure the number will be lower. "Never again" is for a long time but even a tiny week on the share market can often be still longer :): Ah yes - and did I mention it? Nobody can predict future share prices.
I do take your statement in this spirit ;):
I did not say NEVER. i said ATM.. at the moment. This week and next im not expecting a test of the 90 MA.
"Expecting" not used in the infinitive.
As
I Dont expect.
Not expecting means it may happen but the probability is lower than i expect.
AT is not showing a high probability from the stochastic.