OCA - Oceania Group - retirement villages

[trader_jackson]

Getting ready to ramp it up tomorrow morning...

I'll be putting in a bid for a few.
Not sure if my bid is higher enough, but will be interesting to watch.

SUM, MET and RYM will all rebound tomorrow onwards so no worries (although I would have thought it ended at least a day ago with the T+2 settlement rules... yet SUM dropped most today... must be missing something because it is only dropping because of OCA - some like to believe anyway)

[macduffy]

The T+2 Settlement is only relevant if the same funds are being deployed fom SUM to OCA. Most of the big players would be utilising cash reserves as bridging finance.

[777]

You can always use the funds from sales to buy into other stocks as soon as it is added to your account. There is no need to wait for the T+2.

[hardt]

You can always use the funds from sales to buy into other stocks as soon as it is added to your account. There is no need to wait for the T+2.

Higher brokerage fees though

[couta1]

Higher brokerage fees though

Actually cheaper brokerage if you have an internet based account with the likes of ANZ Securities.

[hardt]

Actually cheaper brokerage if you have an internet based account with the likes of ANZ Securities.

I haven't ever seen funds entering my OMCA account prior to the T+2...

ANZ OMCA charge the flat $29, I just wish IB had NZX listings, Halifax only charge $15 a trade for the ASX without the need for a CHESS acc and you get a decent workstation with it.

[777]

Higher brokerage fees though

If you select "MY Account" from the menu on ANZ Securities and look at the right hand side of of the balances, you will see "Trading Balance". This is the sum of your cleared funds Plus any sales completed less any purchases still within the T+2. And this has always been the case with ANZ Securities

[Beagle]

Now trading. 81 cents, up a modest 2 cps on the issue price. Not much of a feed for the hungry stag's. Thoughts folks ?

[trader_jackson]

Now trading. 81 cents, up a modest 2 cps on the issue price. Not much of a feed for the hungry stag's. Thoughts folks ?

Unbelievably surprised is probably the two words that best summarise it for me... the best value retirement stock by a blue mile even if it does have lower underlying growth than the likes of SUM... quite possibly one of the cheapest stocks in all of the NZX.
Wouldn't be to surprised to see the stock track up over the coming days as people put a 'more realistic' value on it

[couta1]

Now trading. 81 cents, up a modest 2 cps on the issue price. Not much of a feed for the hungry stag's. Thoughts folks ?

Underwhelming like the while sector currently(Except ARV) Thought I'd add that bit for you Trader Jackson.