Aren't they already in the country? And, presumably, already have roofs (rooves?) over their heads.
can’t buy a house as a migrant with OIO as a non resident.
I personally like the move for quality applicants that are skilled and work in NZ and have helped Kiwis operate. But I’m sure skilled migrants now will want to purchase as well.
I just have to share this again - my morbid fascination with numbers, trends and weird relativities continues - some say bring in the man in the white coat to see what's wrong me with
Another month and again SUM share price outperforms the OCA share price.... to the point where never before (since OCA listed) as the OCA share price as a % of SUM share price been so low
Market must have some reasons why I loves SUM heaps more than OCA
Logically the line can't continue forever - ie until OCA goes to zero.
I have both SUM and OCA - heaps more SUM than OCA. Apparently this OCA is past the point of inflection, has a great business model, is on the verge of greatness and is very cheap. I sort of believe that and plan to move some SUM to OCA but while this trend continues why bother.
So in some respects the chart is some form of crude combined FA / TA analysis which might signal when I should start reweighting holdings in this sector. Cool eh
OCA done OK since listing - up 78% or 14%pa but SUM up 192% or 27% in same time
Last edited by winner69; 01-10-2021 at 08:24 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
I agree winner69. OCA shows a lot of promise but at the end of the day it is a smaller business than market leader RYM followed by SUM. The premium is justified in my opinion for both of these companies with SUM edging ahead based on growth and premiums achieved in last few years. I have been a long term invester in all 3. OCA has a high proportion of aged care which is less profitable but also gives diversified incomes streams.
I just have to share this again - my morbid fascination with numbers, trends and weird relativities continues - some say bring in the man in the white coat to see what's wrong me with
Another month and again SUM share price outperforms the OCA share price.... to the point where never before (since OCA listed) as the OCA share price as a % of SUM share price been so low
Market must have some reasons why I loves SUM heaps more than OCA
Logically the line can't continue forever - ie until OCA goes to zero.
I have both SUM and OCA - heaps more SUM than OCA. Apparently this OCA is past the point of inflection, has a great business model, is on the verge of greatness and is very cheap. I sort of believe that and plan to move some SUM to OCA but while this trend continues why bother.
So in some respects the chart is some form of crude combined FA / TA analysis which might signal when I should start reweighting holdings in this sector. Cool eh
OCA done OK since listing - up 78% or 14%pa but SUM up 192% or 27% in same time
Hey W69. Love your work. Very generous to share your data with the plebs.
By chance have you measured how much is just market re-rate? SUM just trading on better and better multiples.. And OCA trading on less maybe?
Don't suppose you have OCA NTA as a % of SUM NTA over the years?
Hey W69. Love your work. Very generous to share your data with the plebs.
By chance have you measured how much is just market re-rate? SUM just trading on better and better multiples.. And OCA trading on less maybe?
Don't suppose you have OCA NTA as a % of SUM NTA over the years?
The table gives you some indication
Gap based on stronger financial performance (increase net assets). Both have been slightly re-rated upwards over the years with SUM P/B now 2.2 v OCA 1.3
Last edited by winner69; 01-10-2021 at 02:03 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by Mel
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