OCA - Oceania Group - retirement villages

[X-men]

Broke 75c...wow......been a while

[winner69]

Broke 75c...wow......been a while

Never to be seen again X-men

[X-men]

Never again!!! Otherwise happy to see the takeover at 70c....lol

[mike2020]

Never again!!! Otherwise happy to see the takeover at 70c....lol

That would be great, they could strip out the buildings, sell the land and make out like Ron Briley! I mean, not EXACTLY like Ron, of course, just the corporate raider part.

[nztx]

That would be great, they could strip out the buildings, sell the land and make out like Ron Briley! I mean, not EXACTLY like Ron, of course, just the corporate raider part.

Hahaha .. very good .. but then this sector & slow growth lines might not have been attractive to him

[Baa_Baa]

Is the good buying almost over already?

The bottom SP was 58% off the ATH, nice for buyers or accumulators, and even though we're still 44% discount to NTA, the SP is up 18% already from the recent lows, breakout up through the 200EMA (very uncommon lately), with resistance overhead at .80, .84 and .91.

It's been a long time since the ATH Feb'21 and a retest Aug'21 that failed, since then it's been a buyers market. So it's important if you're into OCA to know whether the low SP is already in? Market sentiment says it is. With inflation likely to diminish in 2024 and property prices perking up, along with a substantial backlog of OCA properties for sale, the SP could move more quickly upwards than some might expect.

See the Covid crash, just a very few short weeks smashed the SP and the brave (foolish, no not in hindsight) bought it, they're/we are really happy with that. The modern day times have signalled a stupid market devaluation massively below NTA which has corrected somewhat lately.

Those sitting on the sidelines might like to consider what it takes to convince them to take a positon, accumulate a position, or perhaps miss out, or worse chase the SP higher. Our wallets will be slammed shut soon enough when we have our fill. This is a shorter term SP two-bagger easily imo, and in the out years, a lot more, not including a return to dividends reinvestment.

Long term value investing is probably not de jure on a 'share trader' discussion group.

The Covid crash showed us that even boring RV's can be smashed by the market, but they can come back very quickly as well. We should only be interested imo, as to whether we're buying right for the long term, and now is as good as more times recently. Others might have different motives.

GLTAH.
BAA

[SailorRob]

Is the good buying almost over already?

The bottom SP was 58% off the ATH, nice for buyers or accumulators, and even though we're still 44% discount to NTA, the SP is up 18% already from the recent lows, breakout up through the 200EMA (very uncommon lately), with resistance overhead at .80, .84 and .91.

It's been a long time since the ATH Feb'21 and a retest Aug'21 that failed, since then it's been a buyers market. So it's important if you're into OCA to know whether the low SP is already in? Market sentiment says it is. With inflation likely to diminish in 2024 and property prices perking up, along with a substantial backlog of OCA properties for sale, the SP could move more quickly upwards than some might expect.

See the Covid crash, just a very few short weeks smashed the SP and the brave (foolish, no not in hindsight) bought it, they're/we are really happy with that. The modern day times have signalled a stupid market devaluation massively below NTA which has corrected somewhat lately.

Those sitting on the sidelines might like to consider what it takes to convince them to take a positon, accumulate a position, or perhaps miss out, or worse chase the SP higher. Our wallets will be slammed shut soon enough when we have our fill. This is a shorter term SP two-bagger easily imo, and in the out years, a lot more, not including a return to dividends reinvestment.

Long term value investing is probably not de jure on a 'share trader' discussion group.

The Covid crash showed us that even boring RV's can be smashed by the market, but they can come back very quickly as well. We should only be interested imo, as to whether we're buying right for the long term, and now is as good as more times recently. Others might have different motives.

GLTAH.
BAA

Well if nobody else will say it... I will. Bloody good post Baa_Baa as usual.

Happy New Year mate.

[Maverick]

Well if nobody else will say it... I will. Bloody good post Baa_Baa as usual.

Happy New Year mate.

Thankyou SR !
I was hanging off the edge of my seat to say it but glad you did Sailor. Damn fine post BaaBaa.

Yes, 2024 is our year …you called it ....fully agree , OCA will be a 2 bagger this time in 12 months, I say 2.5x.
My maths and hard learned negative market sentiment of the last 2 years ( therefore only a pe 12.5) says $1.15 mid 2024 and maths with an anticipated improved property sentiment to neutral (so now pe 15 as it will have proven very good eps growth for 2 periods and some debt reduction by then ) has next Christmas at $1.70.

Eps growth is going to be undeniable that even "Craig's" are going to change their mind.

[RupertBear]

Is the good buying almost over already?

The bottom SP was 58% off the ATH, nice for buyers or accumulators, and even though we're still 44% discount to NTA, the SP is up 18% already from the recent lows, breakout up through the 200EMA (very uncommon lately), with resistance overhead at .80, .84 and .91.

It's been a long time since the ATH Feb'21 and a retest Aug'21 that failed, since then it's been a buyers market. So it's important if you're into OCA to know whether the low SP is already in? Market sentiment says it is. With inflation likely to diminish in 2024 and property prices perking up, along with a substantial backlog of OCA properties for sale, the SP could move more quickly upwards than some might expect.

See the Covid crash, just a very few short weeks smashed the SP and the brave (foolish, no not in hindsight) bought it, they're/we are really happy with that. The modern day times have signalled a stupid market devaluation massively below NTA which has corrected somewhat lately.

Those sitting on the sidelines might like to consider what it takes to convince them to take a positon, accumulate a position, or perhaps miss out, or worse chase the SP higher. Our wallets will be slammed shut soon enough when we have our fill. This is a shorter term SP two-bagger easily imo, and in the out years, a lot more, not including a return to dividends reinvestment.

Long term value investing is probably not de jure on a 'share trader' discussion group.

The Covid crash showed us that even boring RV's can be smashed by the market, but they can come back very quickly as well. We should only be interested imo, as to whether we're buying right for the long term, and now is as good as more times recently. Others might have different motives.

GLTAH.
BAA

Another great post thanks BAA BAA, would give you a positive rep comment but need to share the love first

[Muse]

People are glutton for your mutton, BaaBaa.