OCA - Oceania Group - retirement villages

**winner69** · 21-10-2021, 01:14 PM

NZX Rules (which Oceania state they abide to) say The policy also provides that no Directors or employees can trade shares if they are in possession of price sensitive information that is not publicly available.

So nothing to see with Gregs purchase - he might get lucky eh

**dobby41** · 21-10-2021, 01:16 PM

Originally Posted by winner69

NZX Rules (which Oceania state they abide to) say The policy also provides that no Directors or employees can trade shares if they are in possession of price sensitive information that is not publicly available.

So nothing to see with Gregs purchase - he might get lucky eh

They have quite specific windows in which they are allowed to trade, don't they?

**Beagle** · 21-10-2021, 01:21 PM

Originally Posted by winner69

Hope Greg not doing a Norah ...in reverse

That's okay with me, no barking required because I was buying at the same time

Originally Posted by Ferg

Agree with the first half of what you say - the conclusion I am coming to is that they are a property company when you look at historical comprehensive earnings. Where I disagree with the second part is that as more units/suites/beds are added there is snowball effect of increased volumes -> increased unit turnover -> increased underlying profit as unused DMFs, resale margins etc. accrue to OCA and higher variable volumes are spread over a *relatively* stable fixed cost base. I say *relatively* fixed cost base but fixed costs appear to be semi-variable. With the snowball effect there should be exponential growth - the observed and modified EPS figures per Maverick suggest they are either perennially unlucky or we are at the early stages of exponential growth, i.e. still on the flat part of the curve until they iron out their growing pains.

Its all good, I was just being a little but facetious this morning having a tongue in cheek poke at OCA's dog's breakfast called financial statements.

**peat** · 21-10-2021, 01:26 PM

Originally Posted by winner69

Infer anything -- a great announcement on the way

but that would mean he clearly broke one of the rules.

so we can infer the result is within guidance (even more than we usually can)

**Dlownz** · 21-10-2021, 02:21 PM

Has this seller gone or taken a break
Depth is looking. Like a possible move upwards in the next week. 😁

**bull....** · 21-10-2021, 02:35 PM

well on that big buy by the director i have decided have a trade on the long side

**alokdhir** · 21-10-2021, 02:42 PM

Originally Posted by bull....

well on that big buy by the director i have decided have a trade on the long side

Whats your short term target ? Pls

**Onion** · 21-10-2021, 02:48 PM

Originally Posted by alokdhir

Whats your short term target ? Pls

My short term target is $1.61. At that price I will be so overweight with these that some of mine will spill into the market.

Science behind that number? None.