Closed at an all time high yesterday, you beauty !
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Closed at an all time high yesterday, you beauty !
we dont want to say much going forward as the guys have us busy but MR B is too valuable to retire just perhaps take longer holidays.....
Thanks mate, I really appreciate your kind words. I miss my friend Maverick and hope he comes back regularly here too.
Love that inner channel on the chart, guiding us up at a sustainable pace. :t_up:
OCA 2nd most chosen of the ST share picks, after ATM ... and before everything else. Funny how things change, it used to be such a quite share, seems now everyone wants a piece of future prosperity.
Disc: largest holding by far, not saying %, the diversification police will have a piece of me. Lol.
As earlier stated , I remain highly suspicious that it's a " slight of hand" to throw off the " wage subsidy repayment media police. "
Disguised as...preservation of cash flow during uncertain covid times.
Any body notice their debt was actually already down and cashflow up?
The proof will be when they give a decent divi to catch up at year end.( to remain within their payout policy of which Earl has confirmed is still intact)
I applaud their strategy if it is the case. Lets see in 3.5 months whether this idea is just silly conspiracy stuff.
As you imply Beagle, a lower divi is of minimal consequence to the shareholders anyway.
P.s the subsidy repayment equates to circa 0.5 cents of NTA.
I have a feeling that OCA payed a reduced Divi and decreased debt (making the gearing more attractive) in preparation for an acquisition Earl said was potentially coming in the following months, which also coincides with "uncertain covid times" and throwing off the "wage subsidy media police."
I also noticed that the low, was $1.30 now $1.50 and mean was $1.53 now $1.58 SP consensus has increase a wee bit as well as the estimated EPS on the Market Screener website, maybe that's the reason for a strong finish to the week for OCA's SP. Here's the link.
http://www.marketscreener.com/quote/...268/consensus/
Attachment 12291 Attachment 12292
Mav et al ....I think Cashflow was up and debt down in H1 was a result of not building as much as they wanted (ie less cash out the door)
Wrong forum i know but why is this website so slooooowwwww? DDOS?
yes very unresponsive the last couple of days
One day OCA will actually break through the 160 mark
Maybe today is the day -- here's hoping
Mkt Screener has 4 Analysts. Two have OCA as a buy, one as an out perform and one as a hold. Guess if they continue to build new apartments and keep them turning over share price will reflect in capital gain. need some good press to push through to $1.80 - $2.00.
OMG ....median house price FELL in January (from December)
https://www.reinz.co.nz/Media/Defaul...ary%202021.pdf
DRP Strike Price for 2021 Interim Dividend - NZX, New Zealand’s Exchange
DRP Strike Price for 2021 Interim Dividend
16/2/2021, 9:28 amCORPACTDIVIDEND REINVESTMENT PLAN STRIKE PRICE FOR 2021 INTERIM DIVIDEND
Oceania Healthcare Limited (OCA) advises that the strike price for the Dividend Reinvestment Plan (DRP) operating in respect of the dividend payable on 24 February 2021 has been set at NZ$1.5331 per share.
This strike price will apply in calculating the number of shares to be issued to participants who have elected to receive additional shares rather than cash.
The strike price has been determined, in accordance with the DRP, as the volume weighted average sale price in New Zealand dollars for Oceania Healthcare shares, calculated on all trades of Oceania Healthcare shares which took place through the NZX Main Board over the period of five trading days starting on 9 February 2021, less a 2.5% discount.
Shareholders who have elected to participate in the DRP will receive shares instead of cash in respect of the dividend payable on 24 February 2021.
The new shares will rank pari passu with existing shares on issue as at the date of their issue.
ENDS
can't access your link, but what you say is not what other media outlets are reporting:
https://www.stuff.co.nz/life-style/h...th-in-17-years
Mind you the Housing Price Index HPI is up 1.3% from December
That’s the Gold Standard .....adjusts for high and low end sales or something
Whew ...panic over
Don't panic Mr Mannering...
https://www.nzherald.co.nz/business/reinz-data-auckland-house-prices-drop-25000-sales-fall-46/Z5FKCEW3MJ2F2NFI42XR6QTW4Q/
But REINZ warned against seeing any longer-term trends in the lumpy month-on-month data, which jumps about according to how many bottom and top-end sales were made, the weather, holidays, length of time people were away from their homes and many other seasonal factors.
"The Auckland market saw a slight cooling off in prices when compared to the record high we saw in December 2020, which is what we would expect at this time of the year," said REINZ chief executive Bindi Norwell.