OCA - Oceania Group - retirement villages

[Waltzing]

1.10 any bets?

[Panda-NZ-]

It's below support so could go anywhere.

One buck is the panda valuation

[Muse]

ANZ came out with a bearish house price forecast for 2022 (7% price decline in house prices) - bold for the team as a division within the largest mortgage lender in NZ
* yes yes I know every economist has been wrong about house prices in NZ *

[Waltzing]

They might be basing it on the fact that new lending criteria has slammed the breaks on MG approvals.

Right now SUM other stock has out performed but it is also well off it highs.

[cymonger]

1.10 any bets?

Yes. We think so too...

[Habits]

Now well under mid one-20s support line. Down sharply last six months. Not a good buy and too late to sell, wait on the sidelines

[winner69]

OCA and ARV down today

SUM, RYM and even Radius up

OCA fall not sector related? …..but stock specific?

[Old mate]

Could even say we will never see 1.30 again.

[winner69]

Could even say we will never see 1.30 again.

Há ha. .hang in there …one day we’ll see 130 again ….might even be next week

[allfromacell]

OCA and ARV down today

SUM, RYM and even Radius up

OCA fall not sector related? …..but stock specific?

OCA has a lot of retail interest, probably a lot of that driven by this very thread lol.

I don't understand why you'd sell at 1.18 today but not 1.30 just a few trading days ago, what's changed?

Fear and panic, something more pronounced in retail traders.

Obviously OCA will struggle more with staffing issues but they're also the only listed company that I'm aware of utilizing RAT testing, something that will be very crucial in the coming weeks.