26/3 outperform $1.70
14/4 outperform $1.80
8/9 outperform $1.90
$1.40 is a bargain.
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Not sure a dog counts as diversification mate but the return on investment in terms of love is right off the charts as long as you don't mind dealing with the regular golden and brown "dividends" they produce lol
This takes me back to when we use to discuss SUM vs RYM prices, didn't that change after a period of time! OCA will have it's time.
U need to see the nature of the stock also for going big ...ATM is / was of speculative origin with just 2 years of sharp up move ...where as FPH / OCA are more defensive stocks with FPH having almost 10 years of excellent returns track record while OCA is property based NAV which never goes zero ....50% in OCA is better then 30% in ATM or PX1
Stout close.:cool:
Our Brett ws on radio this morning
Said they and the others waiting for the government to come up with a plan
Really would like to see his residents getting 'rewarded' for getting jabbed by allowing family to come and see them ...or something like that.
Not happy with government - made that clear
At last we are seeing normal , "regular" sized buys getting onto the NZX after 2.5 weeks of absence.
Yesterday could very well be the day the large off market selling completed and normal market function resumes. If it has ( and the brokers aren't just at a tool box meeting this morning ) , then this just might be the finish of the relentless selling.....way too early to be sure though but its looking good so far.
Simple fundamental analysis of OCA - you don't need to know any more.
1) Retirement is here to stay and will continue to grow in to the distant future
2) OCA currently valued at significantly lower multiples than RYM and SUM
so a compelling BUY .... now and probably even in years time so why worry about a couple cents here or there today
BUY BUY ....and its CHEAP CHEAP
Help you guys out with understanding the most complex accounts presented by any company on the NZX.
Look for the term "Total Comprehensive income" in the presentation. That's the real earnings including all increases in the value of property during the year. The vast majority of earnings come from property so other methods of measuring earnings are far less relevant in my opinion.
Some practice for the forthcoming result next month http://nzx-prod-s7fsd7f98s.s3-websit...535/346452.pdf
See page 16 - Total Comprehensive Income $167.8m = total earnings of 23.8 cents per share for the 10 month period (annualized 28.6 cps).
I have learned that if you think of their real earnings any other way you're missing the point that the real value accretion to shareholders comes from property.