OCA - Oceania Group - retirement villages

[Baa_Baa]

Bad news JAK, you'll need to win lotto twice for one of these.
But the good news it's that you can buy a peice of one at the moment for " more or less" 70 % of the building cost. Just bizarre!

Oneroof reports median sales price $2.08m for Residential Dwelling (down 9.87% from 2021) and $2.30m for Residential Apartment (down 17% from 2021). https://www.oneroof.co.nz/suburb/sai...ckland-city-89

[Crypto Crude]

Winning lotto is mathematically and financially the worst investment one could make...(unless you win it lol)...to even have winning lotto as a financial outcome speaks a lot about the level of investor involved...

[bull....]

looks like the big ramp on here the other day by posters only resulted in more sellers appearing.

[Waltzing]

when the market starts hating a stock and kicking it in the guts it going to take a shock to move it upwards...

[BlackPeter]

when the market starts hating a stock and kicking it in the guts it going to take a shock to move it upwards...

True ... but I guess good financials might well be such a shock. In my view just a question of time and patience.

The risk is obviously that some overseas retirement fund might realize the potential earlier than the sleepy investors on the NZX. In that case OCA might be a feast for them and Kiwis might get again (like with MET) just the crumbs.

Up to us.

[winner69]

when the market starts hating a stock and kicking it in the guts it going to take a shock to move it upwards...

A famous investor whose name eludes me at the moment once said 'once a market pariah, always a market pariah'

But then there are a few fund managers who like putting pariahs in their fund because one day they'll come right .... they call themselves 'value investors' rather than 'hope for the best investors'

[Waltzing]

Winner , AUS is revamping its immigration and FFFFF( fatty fau (Faafoi) from Fiji ) and (woody) really stuffed up immigration in covid to the point where NZ has run out of employable people?

look at all the new retirement developments just south of hamilton in the new southern auckland outer suburds (Tamahere and Cambridge)...

New staff required and the special offerings to attract staff?

P&L 's likely to try and hide the offerings? Special balance sheet accounts to hide the loans to staff?

goodness knows how they are going to attract staff and make offers that dont hit the profit and loss accounts.

[Baa_Baa]

New staff required and the special offerings to attract staff?

P&L 's likely to try and hide the offerings? Special balance sheet accounts to hide the loans to staff?

goodness knows how they are going to attract staff and make offers that dont hit the profit and loss accounts.

The alternative to not attracting and retaining staff is to close down beds and care facilities which causes loss of revenues. So which is better, to staff at higher costs impacting profit, or shut down beds and care facilities and lose the revenues completely?

[Waltzing]

Ex BA BA ...

its how big an impact its going to be ... and can they hide it...

To move the niiddel requires consistent increases in EBITDA...

Can they even staff this new wave of cruise liners ...

[winner69]

Winner , AUS is revamping its immigration and FFFFF( fatty fau (Faafoi) from Fiji ) and (woody) really stuffed up immigration in covid to the point where NZ has run out of employable people?

look at all the new retirement developments just south of hamilton in the new southern auckland outer suburds (Tamahere and Cambridge)...

New staff required and the special offerings to attract staff?

P&L 's likely to try and hide the offerings? Special balance sheet accounts to hide the loans to staff?

goodness knows how they are going to attract staff and make offers that dont hit the profit and loss accounts.

They could put aside a few units in each village for the new recruits to live ….could be an attractive proposition