OCA - Oceania Group - retirement villages

[Panda-NZ-]

The hills are alive with the sound of music
The song rings out BUY Oceania today
The beagle has sold, has sold, they say
Now is the time to BUY Oceania
(Oscar)

Hehe good one.

It's moved from BBB to AAA+ today?

[couta1]

Good one Old mate... that reminds me of the joke "how do you make a pussy bark?"

Hmm your axe grinding crosses various threads, nothing like having a personal stalker.

[Snow Leopard]

And so the point of inflection has finally passed...

[winner69]

I've always found this an interesting chart - the Book Value per share for the main players in the secto. Book Value (sort of NTA) best financialmeasure of company worth imo.

Indexed to March 2017 because that's when OCA listed - in other words I've made OCA the benchmark for the sector

Maybe this is why beagle has given upon both ARV and OCA

[Rawz]

Beagle sells.. come on murphy's law.. do your thing next week

"OCA receives takeover offer for $1.35 per share"

[850man]

Beagle sells.. come on murphy's law.. do your thing next week

"OCA receives takeover offer for $1.35 per share"

That usually only happens after I sell shares! Re the takeover at $1.32, experience to date with Met is takeovers are below NTA

[blackie]

thank you Beagle
much respect for your contributions here
very much appreciated

[Mel]

Yes, always appreciate your diligence and insights Beagle

[Onemootpoint]

Thank you Beagle; your (and others’ of course) contribution has been extremely valuable and is appreciated.

[Baa_Baa]

Frequently we see scepticism about the online analysts, which is understandable as they are essentially unidentifiable and probably only a computer algorithm, however some people choose to quote them when it suits their position and deride them when it doesn't.

So what do our bonafide FA guru's think of this? Interested in your thoughts. TIA

From 'Simply Wall Street'

Upcoming dividend of NZ$0.023 per share
Eligible shareholders must have bought the stock before 03 June 2022.
Payment date: 21 June 2022.
Payout ratio is a comfortable 51% but the company is not cash flow positive.
Trailing yield: 4.3%.
Lower than top quartile of New Zealander dividend payers (5.8%).
Higher than average of industry peers (2.4%).