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“aromas” are not always what a bystander might think they are. The reality is, that no matter how often we change someone’s incontinence products, or how often we assist them with showering/washing, sometimes there is always a lingering smell. Many elderly residents have catheters or colostomy bags. They are very effective solutions to what would otherwise be very difficult and potentially embarrassing situations for people, but they are not 100% odour-proof. If these people were living in their own home, or yours, chances are you would experience “aromas.” It is not specific to rest homes.
If you were to come visit our rest home and wander around chatting with our residents, you would find that they are all very happy with the care we give them. Families also genuinely appreciate the love and care we show their loved ones. Just last week the family of a resident who passed away (in our care) came along and put on afternoon tea all the staff and residents. This was their way of saying “thank you” for the (their words) “Incredible care” we gave their father. They were with him every day - day and night - for about 10 days, before he died, and they saw first hand just how much we care. They were so grateful that their father was able to stay in his rest home “home” to die, and not have to be taken to hospital or hospice. Many tears were shed when he died, and more at the afternoon tea. Not the least of which were our tears.
I have recently trained to be a supervisor. When I work a supervising shift, I work from 3.30 - 11pm. Over tea time we have 3 staff on. After 7.30pm there is me, and one caregiver. We have no RN on during that time. I am responsible for administering medications, including controlled drugs such as morphine. I am responsible for 32 residents. If there is an emergency such as a fire, a resident has a medical issue or accident, I am the one who must act and make the appropriate decisions. If somebody passes away on my shift, I have to manage that and follow the relevant procedures. For all of this additional responsibility I am paid an additional - on top of my standard caregiver rate - $5.60 (after tax and KiwiSaver deductions). That’s it. My dedication, passion and willingness to step up and assume a supervisor’s position, is worth a mere $5.60.
I don’t do this for the money.
 Originally Posted by Joshuatree
Accepted and im sure you do.And as i noted staff are overworked so cant always pickup on an aroma from residents in their lazyboys on wheels as they rush past a room call ,way down the corridor . Sadly at the care place i visit most of the long term carers and nurses who had been there a long time and who had a calling to do this work left when new management came in. Very different now. I have also been told by a carer at one place Adult nappies are issued at a two a day limit and she has had to sneak another one for a resident.
Last edited by justakiwi; 27-11-2019 at 11:46 AM.
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justakiwi - Good on you mate. We need heaps more people just like you !
Solomon actually left us with some investment advice about proper diversification in Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth. Proverbs 27:12 "The prudent see danger and take refuge, but the simple keep going and pay the penalty".
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Agree.
If I need care I think I will send her a PM, and try and get into the care home she works at.!!
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Ditto sounds like the best of the best.
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Originally Posted by Beagle
May I suggest we get back to the business of comparing retirement village companies and their merits.
I see SUM has made some good announcements this morning
The St Johns site looks like a real winner. It will provide a home for over 400 residents and enjoy expansive views over Auckland City and Rangitoto at the higher levels. Should see some good profit from this one!
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Originally Posted by Joshuatree
Sounds like you need a patch, plenty of gangs out there, who disrespect women as well.
Typical deflection, own the slap and take it like a man.
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Originally Posted by penn
The St Johns site looks like a real winner. It will provide a home for over 400 residents and enjoy expansive views over Auckland City and Rangitoto at the higher levels. Should see some good profit from this one!
If they're lucky, they'll get a good view of the new Rymans on Kohimarama Road.
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Originally Posted by couta1
Typical deflection, own the slap and take it like a man.
Justfying violence in an old school redneck way.WOW.
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I think we have all made our points, so .....
Originally Posted by Beagle
May I suggest we get back to the business of comparing retirement village companies and their merits.
I see SUM has made some good announcements this morning
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I see the Blind Institute HQ site in Parnell is being demolished to make way for a new retirement village. With the adjoining property added on after they bowled the house, it's going to be a large site in a premium position. Anyone know who's building this & any details?
Last edited by Blue Skies; 27-11-2019 at 12:43 PM.
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Originally Posted by Blue Skies
I see the Blind Institute HQ site in Parnell is being demolished to make way for a new retirement village. With the adjoining property added on after they bowled the house, it's going to be a large site in a premium position. Anyone know who's building this & any details?
The Summerset one in Parnell is further down, so it's not them and Aveo already have one in the area.
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Its just gob-smacking to me of the speed the share prices are climbing.Boring old MET and RYM are now worth 5 % more today that yesterday. Pretty well all the retirement companies are now worth 25-30% more than 2 months ago (except OCA - of course.) I still don`t consider any of them to now be pricey, even now. Considering the pattern of the industries YOY growth, its just they were soooo cheap back then.
Its a bit sad for little ol` OCA though being left out of the party. Its barely farted while the others are roaring. Accordingly I`ve recently done more workings and reworkings on the spreadsheets looking particularly, with Beagles valid points in mind, about their care side not doing well to this point (it is especially warranted as this is where they are expanding into).
From these updated projections I have, once again, proven to myself that the future numbers are still very solid.
My workings have the care profit improving at 10% yoy and village profit at 20% yoy. (for those that might not be aware, the 2 divisions are very separate, both financially and in practice) Interestingly, the maths say the care profit increases an extra 1% each year while the village side diminishes about 1 % yoy. Due to the higher weighting of the village v`s care the combined profit increases remain a fairly constant 20% YOY increase overall. There is only a few years of data to draw on so I accept the future projections will vary greatly so I have tried to be conservative.
Of course these are just my unproven workings and no evidence of any good news, if I am right, will be apparent until late January. So until then I continue to wait and watch the others leap ahead. If things are actually on track and OCA is performing "only" inline with everyone else then at some point there is a large wave of catch up needed to happen.
I am enjoying watching you all doing very well in the mean time.
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Earlier this week was talking to an Auckland buyer ( going to a lot of auctions & missed out on a couple of properties due strong bidding ) who said the Auckland market has really ignited again with these low interest rates, dozens of people at open homes & property prices going up at rate of $20,000 per month. (this in the around $1M category).
Looks like there's a revaluation of retirement sector which was so unloved in flat property market.
Makes sense why Adrian Orr has not removed LVR's if market has taken off again.
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Member
Why wouldn't this sector do well ? NZ is one of the best countries in the world to retire in.
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Member
Just been reading that Heritage Lifecare (Aus) has purchased Golden Healthcare to becomes NZ 3rd largest operator.
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Originally Posted by beetills
Just been reading that Heritage Lifecare (Aus) has purchased Golden Healthcare to becomes NZ 3rd largest operator.
OCA's Earl read it too,but said they are.
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Norah still busy as .....good to see.
In a roaring bull market, knowledge is superfluous and experience is a handicap. - Benjamin Graham
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Interesting financials that Heritage have.
In a roaring bull market, knowledge is superfluous and experience is a handicap. - Benjamin Graham
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Originally Posted by winner69
Interesting financials that Heritage have.
Do Heritage have a Stock ticker on the ASX? Wondered where to see their financials.
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