OCA - Oceania Group - retirement villages

[bull....]

I dont need the dividends. Berkshire never paid dividends (not so sure about these days). In fact no doubt they may decrease dividends in the future, so will most NZX companies. Hate to mention the old guy (Buffet) again but in high inflation cash IS trash. He said in periods of high inflation get into equities that you think will have the most benefit. Stay away from cash. Its on You Tube for a few months now.

Lastly when everyone tightens the purse strings in the coming recession, the elderly will spend on retirement villages like there is no tomorrow. Because for them there is no tomorrow. Asset values are the only thing that will keep pace with inflation. Ive been around long enough to see it happen before.

i find sitting on cash now just fine. means i can buy more of the stocks i want at some stage.
your relying on your asset going up which may or may not happen

[bottomfeeder]

What am I doing, Doom Gloom, SP will be 50 cents soon. My last 88 cent order has only been partially filled. Everyone sell, sell, its going down, get out while you can.

[couta1]

You never learn

If the shoe fits wear it. By the way I still remember some of your behaviour on the Coronavirus thread, your not really the person to be pointing any fingers.

[YoungBull]

i find sitting on cash now just fine. means i can buy more of the stocks i want at some stage.
your relying on your asset going up which may or may not happen

That depends - for a growth stock that doesn't intend to pay a dividend, I agree it is speculation. A company that temporarily pauses a dividend, in order to invest that cash into capital projects, and then later resumes the dividend with the increased income is a different story. The important part is whether you consider the dividend pause to be a temporary measure.

[bottomfeeder]

That depends - for a growth stock that doesn't intend to pay a dividend, I agree it is speculation. A company that temporarily pauses a dividend, in order to invest that cash into capital projects, and then later resumes the dividend with the increased income is a different story. The important part is whether you consider the dividend pause to be a temporary measure.

Tick tick, tick. My thoughts exactly.

[Baa_Baa]

some people talk like dividends are guaranteed. there not
at there last results there issues around there capital structure , oca would be best to cut there div in light of this. might be even more so in light of rising rates

Not a concern for next 6 months, current Div pays out 21st June next week. Not that you'd care being a trader.

[bull....]

Not a concern for next 6 months, current Div pays out 21st June next week. Not that you'd care being a trader.

actually im both thats the joy . i still own michael hill which ive owned since 1995 lol although its a small holding now a days

[winner69]

Could be said we will never see 1$ again

I'm glad you didn't say 'We'll never see 90 cents again'

[Rawz]

OCA typically trades 40 cents below what insiders most recently bought at.

Previously
Buy at $1.40. Straight away head to $1

Now
Buy at $1. Heading to $0.60 no way cannot be true

[couta1]

I'm glad you didn't say 'We'll never see 90 cents again'

Fast forward a few yrs from now and talking about 90c or $1 will only seen as the bargin of the century kinda stuff but I'm sure you already know that.