OCA - Oceania Group - retirement villages

[bull....]

Jenny Ruth BusinessDesk did a piece on retirement sector cash flows and quoted Decker from Jardens a lot -main point being Underlying Profit is not a good measure of cash flow and companies should be using AFFO (– adjusted funds from operations).

Piece in the article quoting Decker - “Ryman has produced $33m of Jarden Affo over the past five years versus over $1b of underlying profit and $539m of cash dividends,”

Pretty damning

My workings seem to indicate that Oceania has produced negative AFFO the last few years .... and still pays dividends

I wonder how Oceania will be presenting cash flow in results announcement ... spotlight has been on Ryman and Summerset showed some initiative in presenting their steady state cash flow (positive)

careful winner posting material which could be considered negative might bring out the pitchfork party

[bottomfeeder]

I dont think retail investors move SPs of companies like OCA

Maybe IKE or GEN type companies

Interesting, but who moves the market. Broker commentators, (not always) tend to follow the herd. When prices are down they scorn the stock, when prices are up, they praise it. Funds are not in the market continuously, but rather in a buy stage, or a sell stage, but mostly hold stage.

I think retail investors are in the market continuously and buy and sell emotively.

So I think that retail investors do move the SP and they are those that not necessarily follow forum predictions, but follow a general mood.

My feelings anyway.

[ThaiJohn]

Large parcel went through a few minutes ago.

72

1,578,199

12:51

[bull....]

yep that 75c i mentioned was line in the sand someone ditching before it plummets

[bottomfeeder]

Large parcel went through a few minutes ago.

72

1,578,199

12:51

Not an open market trade. Looks like the same broker. Could be rejigging ownership, or associated parties skullduggery.

Maybe repricing before the end of financial year. Wouldnt read too much into it.

[ronaldson]

Metlifecare has just got OIO approval for two land purchases in Pukekohe and Havelock North for new villages, so the industry is still intent upon providing further accommodation opportunity for the elderly notwithstanding the current economic/interest rate circumstances.

Demographic tail winds, once established, have an almost unstoppable momentum which can continue to overwhelm other sentiments.

[bottomfeeder]

Metlifecare has just got OIO approval for two land purchases in Pukekohe and Havelock North for new villages, so the industry is still intent upon providing further accommodation opportunity for the elderly notwithstanding the current economic/interest rate circumstances.

Demographic tail winds, once established, have an almost unstoppable momentum which can continue to overwhelm other sentiments.

Large capital expenditure, is unlikely to be influenced by current sentiment, but more by future planning and possibilities. Bodes well for the future of the whole industry.

[winner69]

Large parcel went through a few minutes ago.

72

1,578,199

12:51

Desperate seller willing to accept 72 cents?

[nztx]

Desperate seller willing to accept 72 cents?

Could have been less next week ?

[nztx]

Metlifecare has just got OIO approval for two land purchases in Pukekohe and Havelock North for new villages, so the industry is still intent upon providing further accommodation opportunity for the elderly notwithstanding the current economic/interest rate circumstances.

Demographic tail winds, once established, have an almost unstoppable momentum which can continue to overwhelm other sentiments.

When's the Swedish offer for another larger chunk of the sector due ?

Will 60c be the starting dough thrown in the ring ?