OCA - Oceania Group - retirement villages

[Old mate]

In my opinion soon covid is going to be everywhere. Everybody in the next few years will get it. I think elderly will have less chance of getting it in a village than in open communities and better care if they do. Look what's happened and happening overseas again at some point it's going to be bad here. It's a matter of time before you get it. But yeah won't "look" good if retirement villages have the inevitable outbreaks.

[iceman]

Deleted. Wrong thread

[dreamcatcher]

Asian and Polynesians have no need for Retirement Villages because family care for their elders themselves. Probably your safest place to avoid Covid is staying in your own home.

Today's Anti-vaccine mandate and Anti lock down protests will add to the growing number of Covid cases especially once restrictions are lifted. These 3000 teachers and health workers sacked need to be replaced but from where. Current NZ unemployment rate a low 3% which means zero as remaining considered as unsuitable.

Inflation numbers and staff shortages going to add to the wage bill. Fortunately some Rest Home care employers are benefiting from immigration's decision in letting work visa holders a path to residency as they were unable to leave NZ and had visas extended now over 3yrs.

Family working in the health system showed me list after list of people needed to do an extra shift because of chronic shortage of staff. Attracting staff in the health care area already under enormous pressure so wages sure to rise.

Our 5-11yr olds still some way off from been vaccinated and recently read that CATS also get Covid.

If property prices decline then this retirement section will struggle or this new 'Lying Flat Movement' for youth hits NZ shores

[Snow Leopard]

Asian and Polynesians have no need for Retirement Villages because family care for their elders themselves...

You have no need to ever post again because you make ill-informed over-simplifications.

Disc:

[Bjauck]

Asian and Polynesians have no need for Retirement Villages because family care for their elders themselves. Probably your safest place to avoid Covid is staying in your own home…

Are there overseas studies or stats to illustrate that? How many doctors do house calls in NZ? How many elderly people in their own homes enforce a strict visitor policy applied to the whole household if they live in a multi-generational home?

[aquaman]

New video from Joshua Wang re thoughts on share price drop over last few months. Lots already discussed here but worth a watch
https://www.youtube.com/watch?v=zHKtXHEZAdA

[Panda-NZ-]

Are there overseas studies or stats to illustrate that? How many doctors do house calls in NZ? How many elderly people in their own homes enforce a strict visitor policy applied to the whole household if they live in a multi-generational home?

The covid outbreaks in nursing homes worldwide?

https://www.nytimes.com/interactive/...ing-homes.html

[bull....]

The covid outbreaks in nursing homes worldwide?

https://www.nytimes.com/interactive/...ing-homes.html

hit the nail on the head , no different to cruise ships

[winner69]

Mav got me excited about OCA doing a Monday announcement …thought it was today but heck have to wait another seven sleeps

Some companies are pretty slack taking so long to report ……no need to do them on 14 column paper any more and with modern tech you’d think they’d be able to churn them out pretty quick with a bit of wherewithal.

[bottomfeeder]

Yep Joshua Wang highlights some valid points. On the fip side, we need to accept that until, home testing with near immediate results, and a better vaccines and treatments, Corona is with us permanently and we have to learn to live with it. Every coronavirus announcement will affect all stocks if you let it get to your worry place. Just have to move on.