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06-04-2019, 01:39 PM
#3401
Originally Posted by Mudfish
Looking for clarification here from people smarter than me. I'm trying to give myself confidence that OCA is still a great long term hold which I believe it is but it's fair to get a little nervous after yesterday's interesting results of SUM. Looking at disclosure announcements for this year alone, 5 out of the 7 directors have increased their share holdings. 1 nursing manager decreased and 1 property manager increased. These increases occur when SP is low $1. Only 2 directors have failed to increase their holdings this year. Can someone please tell me, are these increases in holdings funded from personal cash? If this is so, it must be some sort of vote of confidence in what is going on. I also looked at SUM disclosure movements and struggle to understand them. Any thoughts? Cheers
Hi muddy
The directors dealings are generally their own personal money ....buying is a good sign eh
The nurse selling was selling some shares she got under the incentive scheme. So just cashing in a pay check which you can’t blame her. Still has quite a few ..that’s good
The property guy used his own cash by the looks of it. He still has heaps from the incentive scheme as well.
So to answer your question it probably is a vote of confidence from the insiders.
You shouldn’t lack confidence in your own judgement .....Just believe the story that Oceania is a great company.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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06-04-2019, 04:17 PM
#3402
Member
Originally Posted by winner69
Hi muddy
The directors dealings are generally their own personal money ....buying is a good sign eh
The nurse selling was selling some shares she got under the incentive scheme. So just cashing in a pay check which you can’t blame her. Still has quite a few ..that’s good
The property guy used his own cash by the looks of it. He still has heaps from the incentive scheme as well.
So to answer your question it probably is a vote of confidence from the insiders.
You shouldn’t lack confidence in your own judgement .....Just believe the story that Oceania is a great company.
Hey, cheers for your reply Winner. Just checking my thoughts as I hold on for the long haul.
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06-04-2019, 04:24 PM
#3403
Originally Posted by couta1
Those tax loss critters have had the last laugh and have found themselves SUM what well positioned after all getting to eat the same pie all over again at a cheaper price.PS-Good buying today.
Happy for you mate. Nice guys like you deserve good fortune.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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06-04-2019, 09:08 PM
#3404
On another, slightly more micro note, Has anyone else visited The Sands? (OCA's development on browns bay beach front)
Looking pretty unfinished for a development that is meant to be opening next month
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06-04-2019, 10:22 PM
#3405
Originally Posted by trader_jackson
On another, slightly more micro note, Has anyone else visited The Sands? (OCA's development on browns bay beach front)
Looking pretty unfinished for a development that is meant to be opening next month
Builders are extremely difficult to get everywhere and they are highly difficult to pin down.
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07-04-2019, 10:30 AM
#3406
Originally Posted by trader_jackson
On another, slightly more micro note, Has anyone else visited The Sands? (OCA's development on browns bay beach front)
Looking pretty unfinished for a development that is meant to be opening next month
Do you think it will be finished by 31 May ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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07-04-2019, 12:21 PM
#3407
My wife is DHB RN, she said the could not find any spots in retirement villages at the moment for dimensia and oldies that required care. All all on waiting list and being care at the hospital....so OCA will do good as even property market soften..their revenue still okay from aged care fees
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07-04-2019, 12:51 PM
#3408
https://www.oceaniahealthcare.co.nz/...r-presentation
Page 19..aged care supply, not keeping up with population growth...
It is evidence ....And happening now as many patients are in the hospital unit waiting for vacancy
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07-04-2019, 02:45 PM
#3409
this is what I enjoy about this forum
Originally Posted by Beagle
Do you think it will be finished by 31 May ?
Beagle has drive and common sense ---so ----if I understand how he works he will ring Earl on Monday and let us know the answer. And Trader Jackson could do the same and we all benefit.
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07-04-2019, 03:42 PM
#3410
Originally Posted by Beagle
Do you think it will be finished by 31 May ?
They will have to get a move on to get it finished by 31 May...
I suppose it also depends on what one deems is finished... is finished rooms with final inspections & touch ups to be made with gravel for a lawn? or is finished ready for occupation, and looking similar to the image that has been provided in multiple presentations? If it is the latter, I will be most impressed if it can be done by OCA's FY end!
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