OCA - Oceania Group - retirement villages

[Beagle]

Talk of a takeover is nothing but idle speculation. Wouldn't fly at $1.60 in my opinion. I would hope Liz and other directors would tell EQT and MET to "go away" if they came knocking at the door with one of their highway robbery scams, opps sorry, scheme implementation agreements, and tell them, if you want the shares buy them on market like anyone else.

[tim23]

Talk of a takeover is nothing but idle speculation. Wouldn't fly at $1.60 in my opinion. I would hope Liz and other directors would tell EQT and MET to "go away" if they came knocking at the door with one of their highway robbery scams, opps sorry, scheme implementation agreements, and tell them, if you want the shares buy them on market like anyone else.

Agree need to be $1.90+

[Beagle]

Yeap agreed Tim, at least $1.90 as a premium for control and the synergies involved.
All the drunk monkey's have woken up and this is an emphatic BUY according to all the professional analysts.
https://www.marketscreener.com/quote...268/consensus/

[mike2020]

I don't think either of you played monopoly as a kid. If you want the set you REALLY have to pay. If the market really is forward looking you are giving it away cheap. Also, do we really want one less listed company?

[Beagle]

I think the point is EQT used Covid to "cheat" shareholders out of MET. Nobody wants to see one less listed company especially if there's highway robbery involved again.

[bottomfeeder]

Its not takeover at any price, its takeover at my price. One matter which really points to something is that the SP rose dramatically since we went ex div. That points to someone loading up and trying to hide it. Talk about a takeover is idle speculation, perhaps you should go on the Sky TV thread, that takeover talk is idle speculation, this is a bit more substantive. Oh well it wont be long something is going to show sooner or later.

[Joh13]

Hi all, here’s an email from OCAs corporate development manager.

Looks like there will be a live stream.

Thank you for your email.

Apologies for the delayed response, there will be a live stream of the event which we are organising at the moment.
Once we have the link available we will announce it to the market and I'll send you an email just in case you miss the announcement.

However, just so you are aware, the AGM will not be a virtual event for the purposes of voting.
We had a virtual AGM last year due to circumstances surrounding COVID but we understand the technology is somewhat unreliable.
Unfortunately we are aware of other companies being impacted to the level that the AGM was cut short and investors were unable to vote.

We would rather not take this risk and as a result will be holding an in person AGM this year.

[Beagle]

Volumes have been picking up and are certainly well above average since late May. The share price has been recovering nicely, but is still below the peak of $1.60 in early February and only 7 cents above where it started the year at $1.45.
I guess people will read into that what they want to see. As far as I am concerned I am pleased to be back on board in a more meaningful way @ 6% portfolio allocation which feels spot on the mark as a sensible allocation is a well diversified portfolio as far as I am concerned and happy to see where this goes long term.

[Bjauck]

Agree need to be $1.90+

However this is NZ, and it wouldn't be the first good company to be sold away to overseas buyers for a song, as we need ever greater amounts to be put back into housing. I hope this time will be different too.

[Curly]

Simply Wall St are saying OCA are currently 36.1% below fair market value. That puts them at approx $2.05. Good things coming one expects. Simply Wall St rarely wrong.