OCA - Oceania Group - retirement villages
Looks like there may be another retirement village operator listed.
Quote:
Macquarie Bank is exploring sale options for its wholly owned local aged care provider Oceania Group including a possible initial public offering and sharemarket listing.
A trade sale is also a possibility for Oceania, which has around 4,600 residents in more than 50 retirement villages and rest homes nationwide. “We’re keeping an open mind and like anyone we’re looking at ways to accelerate growth,” Oceania chief financial officer Matthew Ward tells NBR business reporter Calida Smylie.
http://www.nbr.co.nz/article/oceania...director-share
NZ is different to Aussie
Quote:
Originally Posted by
bull....
As well as wage costs, govt regulation change is highly relevant for care bed facilities only need to look at what happened in australia to the care bed companies listed on the ASX when the govt changed the rules.
Anyway all these are well highlighted in the risks set out in the ipo document.
Re your point on ASX companies (and their recent downfall) as well as a few other interesting things
http://www.afr.com/business/banking-...0170331-gvay28
Good article, might be behind a paywall but just don't allow it to fully load on chrome and you should be able to see it