OCA - Oceania Group - retirement villages

[ralph]

You'll get the secret inside info now ....lucky you

Now I have got fomo!!

[winner69]

Now I have got fomo!!

Yep, we’ll all miss out on fish and RTM secret squirrel stuff

[fish]

No secrets
Actually pm related to another company seeking info from shareholders.
FOMO hit me during the week (more like the realisation that Omicron will not affect retirement home profits )and have already bought more

[Grimy]

I also had a little top-up this week. Needed to round my holding up (totals that don't end in 0s annoy me for some reason).

[Poolboy]

I bought a house load of them at 76 cents, so if total mayhem sets in and it drops back to that I'm in for a whole lot more. Otherwise I feel I have enough already. Actually I've bought quite a few of the dreaded opposition, RYM, so LOL as far as I'm concerned I've got my old peoples home bases coved.

[Waltzing]

LVR article.

Some summary numbers on House Price movements in relation to bank lending policies.

https://www.stuff.co.nz/business/mon...n-of-lvr-rules

[winner69]

From the Genesis thread but sort of relevant to Oceania ‘investors’

Possibly just confirms that ‘investing’ in times of despair is the best time to do so ..maybe

Safer to buy bonds then shares …yes even with Oceania if safer is losing less.

If you had bought OCA shares instead of their bonds your capital would be down 23% on the Oct 20 bonds and 32% down on the Sep21 bonds ...collected a few divies in the process though

Mind you capital value of these bonds are down as well ...the 2.3% bonds down 9% and the 3.3% ones down 5%

Lost heaps on shares .... lost a little on the bonds

But says any recent investment in Oceania has been bad, really bad - can't win either way ...shares or bonds have been duds .... something Oceania management should be proud of

[Grimy]

But you will get your bond capital back if you hold to maturity......
Buying in times of despair/fear is a golden rule isn't it?

[percy]

From the Genesis thread but sort of relevant to Oceania ‘investors’

Possibly just confirms that ‘investing’ in times of despair is the best time to do so ..maybe

Safer to buy bonds then shares …yes even with Oceania if safer is losing less.

If you had bought OCA shares instead of their bonds your capital would be down 23% on the Oct 20 bonds and 32% down on the Sep21 bonds ...collected a few divies in the process though

Mind you capital value of these bonds are down as well ...the 2.3% bonds down 9% and the 3.3% ones down 5%

Lost heaps on shares .... lost a little on the bonds

But says any recent investment in Oceania has been bad, really bad - can't win either way ...shares or bonds have been duds .... something Oceania management should be proud of

This is from USA market.
How much would you have if you had invested $10,000.
.................................................. .................................................. ..Stocks.......................................... .........Bonds
Since the great depression........................................ .....................$43,555,160.................. ........................$1,456,391
Since the dot com bubble............................................ ......................$45,759..................... ............................$39,449
Since the Covid 19 Pandemic.......................................... ....................$14,060....................... ..........................$,9,421
The above figures confirm shares are a far better investment.
I would suggest anyone who has doubts should read "Trillions" by Robin Wigglesworth.
PS.
My mother invested in AGC which was Westpac's finance arm.
She received 6% interest.
After ten years she received her $10,000 back.
Had she bought Westpac shares she would have received 6% interest, and after ten years her shares would have been worth $30,000.Crazy.
The Trust I help out on.
Three years ago the sharemonger wanted us to buy Meridian bonds.
I think the yield from both shares and bonds were about the same.
So just under $16,000 bought us 4,000 MEL shares.Today worth $20,920.
Bonds still worth $16,000...????
Morale of the story.
When a sound business offers bonds,buy their shares,.It really works...lol

[winner69]

Those numbers percy posted makes you wonder why there are/have been so many billions of stupid people who have invested zillions in bonds