Whats going on, 6 out of 60 ish residents and patients, I wouldn't want my father to be in there at that rate. They need a vaccine but after the last 3 years history with jabcinda everyone got vaccine-phobia
I knew of a smaller rest home loosing nearly a third in a fortnight with covid. Beds were filled in no time as its hospital level care.
Whats going on, 6 out of 60 ish residents and patients, I wouldn't want my father to be in there at that rate. They need a vaccine but after the last 3 years history with jabcinda everyone got vaccine-phobia
Don't know what you mean by that, but we do have Flu vaccines which are regularly updated to match whichever strains are prevalent at the time.
Vaccines rely on a good immune system to react to the vaccine & teach the body to produce anti-bodies to give us complete or partial protection from particular pathogens.
Elderly people usually have weakened immune systems or are immunocompromised so their immune systems may only respond weakly to the vaccine meaning they don't work as well & give them the same high level of protection. Like all vulnerable groups, essential they have them though to provide a degree of protection.
Flu kills average of 700 people each year in NZ compared to road deaths of 340 in 2023.
Don't know what you mean by that, but we do have Flu vaccines which are regularly updated to match whichever strains are prevalent at the time.
Vaccines rely on a good immune system to react to the vaccine & teach the body to produce anti-bodies to give us complete or partial protection from particular pathogens.
Elderly people usually have weakened immune systems or are immunocompromised so their immune systems may only respond weakly to the vaccine meaning they don't work as well & give them the same high level of protection. Like all vulnerable groups, essential they have them though to provide a degree of protection.
Flu kills average of 700 people each year in NZ compared to road deaths of 340 in 2023.
So on average about 2 deaths a day across the country
So 6 deaths in 12 days in one location is a very rare event …hmmmm
”When investors are euphoric, they are incapable of recognising euphoria itself “
i see a float from insurance as never being returned compared to this float at oca having to be returned mostly.
The difference between SailorBoy & I are numerous & in this case we differed as well.
I have always seen the float as approximately 15% of the original sale value i.e retained DMF, plus any profit on the resale.
Targeted profit on resales is 20%.
This should generate around $60M per year, growing to around $12M per year compounding as units are sold and more resales come on stream.
The float that SailorBoy referred to only eventuates once they stop borrowing for development. I.e OCA saves the interest costs, then if they stop all development the float will grow, but that's a much longer term proposition.
Originally Posted by Lego_Man
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