OCA - Oceania Group - retirement villages

[ralph]

With an avg price of $1.40 its time to start selling parcels of these pups for a loss and buying back cheaper with the goal of ending up with more shares (Not a strategy for the faint hearted but better than watching paint dry for the next year or so) Should help keep the price in a tight trading range for a while longer. Lol

Someone advocated that a couple of months ago on this thread and got advised to hold tight by everyone , we all make that mistake once or twice

[couta1]

Someone advocated that a couple of months ago on this thread and got advised to hold tight by everyone , we all make that mistake once or twice

Well it is holding tight but just adding more shares in the mean time by shorting your own shares.

[Beagle]

Brought up a 3 month chart this morning. This is making progress in building a base, no question but more work is required. Getting very close to the 30 day moving average but not really breaking up through it yet.

Just for others benefit, I have more than enough of these pups already, I tossed my super reliable 1974 Commonwealth games coin this morning, heads its a BUY, tails its a hold...drum roll please.....it came up HEADS !

[percy]

Brought up a 3 month chart this morning. This is making progress in building a base, no question but more work is required. Getting very close to the 30 day moving average but not really breaking up through it yet.

Just for others benefit, I have more than enough of these pups already, I tossed my super reliable 1974 Commonwealth games coin this morning, heads its a BUY, tails its a hold...drum roll please.....it came up HEADS !

"No surprises here.".............................lol.

[Beagle]

I was surprised it came up heads after several tails lol

[percy]

I was surprised it came up heads after several tails lol

I am not....lol.

[winner69]

Brought up a 3 month chart this morning. This is making progress in building a base, no question but more work is required. Getting very close to the 30 day moving average but not really breaking up through it yet.

Just for others benefit, I have more than enough of these pups already, I tossed my super reliable 1974 Commonwealth games coin this morning, heads its a BUY, tails its a hold...drum roll please.....it came up HEADS !

Good news Beagle --- the covariances of OCA/SUM share prices has turned and mathematically it looks as if drom here on in OCA shareprice will outperform SUM share price ..... deep dive into the data for that graph I post regularly that has shown SUM consistently out SUM (OCA % SUM trend)

So going OCA good move .... as long as sector doesn't remain in the doldrums ....but if that happens then OCA shouldn't go down as fast as SUM

[Beagle]

Good news Beagle --- the covariances of OCA/SUM share prices has turned and mathematically it looks as if drom here on in OCA shareprice will outperform SUM share price ..... deep dive into the data for that graph I post regularly that has shown SUM consistently out SUM (OCA % SUM trend)

So going OCA good move .... as long as sector doesn't remain in the doldrums ....but if that happens then OCA shouldn't go down as fast as SUM

I'm waiting for SUM to break out of its current downtrend. $9 would be nice.

End of the financial year for OCA on Thursday and reporting will be late May. Maybe if they believe they have fair value $1.42 NAV per the half year analysts briefing, or whatever it is when they report in May 2022 they should announce a share buyback of their own because its seems there's no shortage of sellers who think its only worth $1.05

[davflaws]

I'm overweight and underwater - I'd tell you all to BUY! but I'm probably no better as a ramper than I am as a trader.

[Muse]

I'm overweight and underwater - I'd tell you all to BUY! but I'm probably no better as a ramper than I am as a trader.

classic post davflaws - enjoyed that