OCA - Oceania Group - retirement villages

[Entrep]

Forsyth Barr have been blowing smoke up OCAs behind for awhile. Are they genuine beliebers or is there possibly something else going on there?

Working to secure that cap raise... just like the rest of the brokers in NZ.

[nztx]

A pretty good sort of ski slope graph for OCA

Since early Sep 2021 to now, let's say from $1.57 it's roughly halved since on yesterday's 0.76

[bull....]

major event next year add's big risk to sector

Review of Retirement Villages Act begins in 2023

At a high level, the review is set to consider whether the current Act and all its parts remain fit for purpose

https://www.hud.govt.nz/news/review-...egins-in-2023/

[Bjauck]

They only need to last one generation bull….

I hear the generations that resulted from the baby boomers having fun are going to be so poor as a result of looking after the oldies they won’t be able to afford things like retirement villages … if they on struggle street now what will they be like in 20 years time

That's true. Boomers rode the crest of a wave. The wealthier boomers inheriting estates after Estate Duties were set to zero, then gift duties were done away with. Then interest rates fell and property prices continued to surge. The income multiples needed to buy a house are much higher than long term averages.

So even without tax reform to bring us in line with other OECD countries, now perhaps we will see the multiples of incomes needed to buy median houses gradually reduce. The children of wealthier boomers will still inherit, either from deceased estates or as trust fund beneficiary babies. The rest may still be able to borrow as lower quartile house prices return to more manageable multiples of median incomes.

[Rawz]

Boomer tax

[Panda-NZ-]

So even without tax reform to bring us in line with other OECD countries, now perhaps we will see the multiples of incomes needed to buy median houses gradually reduce.

Well, not if we become a place to launder CCP or russian money again due to minimal trust and property regulation.

[bottomfeeder]

Well, not if we become a place to launder CCP or russian money again due to minimal trust and property regulation.

Plenty more models of income and cost recovery to explore by OCA.

[nztx]

Well, not if we become a place to launder CCP or russian money again due to minimal trust and property regulation.

It's already happening - look no further than the gangs & money laundering big time.
Someone's favourite government dont seem to be too worried, instead intent on
trying to pluck more of the easy low fruit that they can see


Meanwhile the OCA downwards spiral continues as the smart investors see today's news for
it may mean - more red tape, more expense, less shareholder gain, further economic carnage

[bottomfeeder]

It's already happening - look no further than the gangs & money laundering big time.
Someone's favourite government dont seem to be too worried, instead intent on
trying to pluck more of the easy low fruit that they can see


Meanwhile the OCA downwards spiral continues as the smart investors see today's news for
it may mean - more red tape, more expense, less shareholder gain, further economic carnage

Can understand with all the uncertainty in this sector, eventhough it is already built in the SP, that investors are sitting in the fence, but who would be selling at this value. I would think it would be a strong hold.

[nztx]

Can understand with all the uncertainty in this sector, eventhough it is already built in the SP, that investors are sitting in the fence, but who would be selling at this value. I would think it would be a strong hold.

Sit on the fence hoping that the raging torrents don't take out lengths of the fence
or jump in and start swimming to get out of harms way / prospect of drowning ?

Oh dear - what a choice .. maybe the smarter ones have already seen the writing on the wall
and the medicine prescribed for the sector long before now, and mostly flown away ?