OCA - Oceania Group - retirement villages

[aquaman]

Next results announcement only weeks away.

Time to review performance since listing ……these are the headlines over the years:



July 17. Oceania Healthcare exceeds IPO forecasts
Jan 18. Oceania Healthcare doubles profit for half year
July 18. Oceania Healthcare exceeds forecast with strong earnings boost
Jan 19. Oceania Healthcare grows profit for the six months ended 30 November 2018
July 19. Oceania Healthcare reports completion of key development projects and strong sales momentum
Jan 20. Substantial Increase in First Half Unaudited Underlying NPAT* for Oceania Healthcare.
July 20. Oceania Healthcare reports steady underlying earnings for the year despite impacts of COVID-19
Jan 21. Oceania records increase in First Half Unaudited Underlying EBITDA
May 21 Oceania records strong 10 month trading result
Nov 21 Oceania delivers improved performance despite Covid 19
May 22 Oceania positioned for growth
Nov 22. Care Suite premiumisation deliver results
May 23 Oceania delivers solid result
Nov 23 Oceania continues the transformation of its portfolio

Recent headlines seem to be getting less bullish than previous ones


Wonder what the May 24 headline will be?

Interesting that the headlines getting less bullish seems to tie in with CEO change over in 21... maybe once new CEO appointed we will see a reversal to more positive headlines.

[winner69]

So the headline won’t be like this March 21 then -

Oceania announces $100m equity raising to fund acquisitions

That cap raise was for eps accretive acquisitions of Waterford and Franklin ……suppose things working out as planned and making bucks out of them

A year or so later they acquired Remuera Rise and Bream Bay

Plenty of new stuff to boost profits eh.

[Baa_Baa]

https://www.tewhatuora.govt.nz/for-h...models-review/

All things point to one thing, the entire sector is underfunded, the crisis is upon us and will only get worse until serious money is directed towards looking after our elderly.

If you’re interested, read the Sapere report,

[winner69]

https://www.tewhatuora.govt.nz/for-h...models-review/

All things point to one thing, the entire sector is underfunded, the crisis is upon us and will only get worse until serious money is directed towards looking after our elderly.

If you’re interested, read the Sapere report,

Pretty sobering report eh BaaBaa

Does it mean only those who can afford to pay for their care will end at the likes of Oceania ….who will be charging enough to make decent profit (for shareholders)

Hard to see any government helping ‘bloat’ profits at Oceania et al ..suppose they will be asking them to do the decent thing and have a social conscience and become a care provider for all at whatever it costs them.

Don’t think that ‘investors’ who want a decent return will like that

Tough world and doesn’t seem things are going to get better for likes of Oceania

[Daytr]

Pretty sobering report eh BaaBaa

Does it mean only those who can afford to pay for their care will end at the likes of Oceania ….who will be charging enough to make decent profit (for shareholders)

Hard to see any government helping ‘bloat’ profits at Oceania et al ..suppose they will be asking them to do the decent thing and have a social conscience and become a care provider for all at whatever it costs them.

Don’t think that ‘investors’ who want a decent return will like that

Tough world and doesn’t seem things are going to get better for likes of Oceania

Times have changed from back in the day that Nana or Grandad would move in with the family, actually there is a bit of a revival of multi generational living, but that's typically to help the younger generation into the housing market.

Other than that, Granny was off to the geriatric ward at the public hospital.

As you say, I don't see the Government stepping in to the full the void, particularly for those buying a luxury villa in St Helliers & the like.

[Baa_Baa]

The new GM of Sales, big ask.
IMG_D749E8B00439-1.jpg

[winner69]

Is this a new role?

They made a big deal of it when Anita Hawthorne was appointed as Group General Manager Sales & Service in mid 2022

Maybe Anita given up on sales and just concentrating these days on Service …or was she told she nongovernmental at sales

Quite a few Leadership Team changes over last year or so

[Baa_Baa]

Is this a new role?

They made a big deal of it when Anita Hawthorne was appointed as Group General Manager Sales & Service in mid 2022

Maybe Anita given up on sales and just concentrating these days on Service …or was she told she nongovernmental at sales

Quite a few Leadership Team changes over last year or so

Seems to be, maybe they realised sales and service are not mutually compatible. Good if they've split the roles and have a dedicated focus (again) on sales, they sure need it, there's a ton of backlog for sale and recent results suggest they need to do something different to get that stock moving.