OCA - Oceania Group - retirement villages

[winner69]

looking forward to the bots getting serious (been quiet so far today) as the week comes to an end so those nasty people 'manipulating' the price get their way

Old mate - wonder what'll happen?

[Old mate]

Been below a dollar a few times today winner. I reckon close at a buck again. Can't go below that

[winner69]

Been below a dollar a few times today winner. I reckon close at a buck again. Can't go below that

The manipulators played a perfect game again .... getting price down 99 cents

Relatively small volumes though

[Old mate]

Nooooo we are never going to see a dollar again

[winner69]

Nooooo we are never going to see a dollar again

we need the nasty manipulators to stop manipulating

Unlikely though because they have been manipulating for years

Seems we are at their mercy

[Waltzing]

Winner must take a lot of time posting on both sites unless you have created a personal BOT!!!

[Old mate]

Pretty interesting the manipulation alright. Wonder what the goal is. More shares cheap?

[Curly]

Are we beginning to see a change in market sentiment for OCA? A takeover interest would not be such bad thing me thinks. $1,40 does see on the light side perhaps? What it would do is force the market to re-evaluate OCA and come up with a true and realistic market price. Similar to what happened with IFT. Look at IFTs price now, $9+. That would no doubt bring a return of the Beagle to the shores of OCA signalling a “game changer” event and once again OCA being the best thing around before flip flopping on another trade.

[winner69]

I still standby that expectation too JAK. While none of us can know the mood of the market in a couple of years time , I am confident of my EPS expectations over that time frame.
If the market is still as grumpy as it is now with property then $2 is about right in 22 months (based on projected EPS) but should the mood return to a more historical level of happiness then $3 would be the upper end of the SP range.
Yes, I know that seems pie in the sky stuff based on the last 4 years flat underlying earnings but OCA really has “positioned itself for growth” and to reiterate, we should finally start to see the bottom line lift next 1HY , although remember profits are always greater in 2HY.
(that’s simply because that’s when OCAs prospective clients get out and about when things warm up a bit)

Jeez Mav, you are getting bullish now hinting at $3 share price

[mike2020]

Just for fun. If I had a million in cash and I bought a rental in my area I would net 28k before tax at best after rates and insurance, no R@M. An investment in OCA without any of the additional work of owning rental would be 44k on last years divs. I'm sure your all capable of simple math.