OCA - Oceania Group - retirement villages

[ValueNZ]

That's a good point re the payout is not payable until there is a buyer on the resale & it does derisk the business somewhat.

Yes, and the float is totally unregulated! OCA can do whatever they want with it. Unlike the insurance industry.

Which is pretty crazy in our quasi socialist state.

[Cupsy]

Just estimate what the rent would be on a villa etc over a 7 year average vs the 30% not payable back by OCA, less what refurb costs OCA need to pay.

This is assuming no capital gain on the resale.

How much in refurb costs are required after 7 years?(i cant imagine much), i don't see the point you are making, I can't see the way higher ruturns you are speaking of, why don't you spell it out for me (I'm not very bright).