Good buying at the moment.
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Good buying at the moment.
i have collected lots today between 1.11 to 1.13. Better than having money in the bank. Just collecting for next 6 to 7 yrs don't care what short term is. I go long. Like my A2 Pure white gold since holding avg around $2.
I'm new to OCA, can someone explain to me why analysts have got revenue jumping through FY2023? Looking like a decent price to me at the moment..
NAV is $1.01. Keeping powder dry and letting the bear market do its thing for the present time. Broke down through 100 day moving average this week. Macquarie timed their exit to perfection, yet again.
Simply, directors bought in at 1:20 as soon as they were allowed to after half year results were out. They clearly back their own product and believe things are on track. This is a long term share and present market conditions are poviding a great chance to pick up OCA at a fantastic price. How low it goes, is anyone's guess but if you believe in the long term and can stomach the possibility of being in the red in the short term this is a screaming buy. I topped up on Friday. Now I sit back and watch the show.
Lol $1.05, put an order on too late, didnt stay at that price too long, looking for the revisit.
https://www.rnz.co.nz/news/national/...re-ignoring-us
My concern for OCA in particular (with their higher proportion of very close living care facilities), is if one or more of their facilities is affected, how quickly will it spreads to other residents living in such close proximity and will staff turn up to work if they're not provided with proper protective equipment, or even if they are ?
One cannot overlook the risk that a retirement operator that specialises in late stage care where people live in very close proximity to one another is more vulnerable in the event of an outbreak. On the other hand villages where people live independently in stand alone single level units, are probably relatively safer if they go into lockdown.
Ordinarily I would thinking buying a few cents above NTA is probably a very good move but these are extraordinary times.