OCA - Oceania Group - retirement villages

[ValueNZ]

did anyone ever consider that OCA are paying for these newspaper stories because sales are slow. its called marketing

All this stuff in the media saying how great Oceania blah blah blah all of a sudden probably a precursor to a capital raise in near future

Bad news is bad news and good news is bad news?

And would someone please send me the full business desk article in PM? Thanks

[Daytr]

All this stuff in the media saying how great Oceania blah blah blah all of a sudden probably a precursor to a capital raise in near future

Well them stating 20 units are in negotiations or what ever thet are is a very odd thing to say imo.
Is that a statement making up for a lack of sales?

[bull....]

sacked things must be bad ?

[Greekwatchdog]

CEO passing the batton

Oceania Healthcare Limited (NZX, ASX, OCA) advises that Brent Pattison, Chief Executive Officer, has signaled he plans to step down from his role later this year after repositioning Oceania and successfully implementing a 5-year growth strategy for the business.
While Brent plans to stay with Oceania for several months, the Board wish to record their thanks to Brent for his passionate leadership, through what has undoubtedly been a challenging macro environment for New Zealand and the sector over the past few years.
Liz Coutts, Chair says, “It has been an absolute pleasure having Brent at the helm and he has demonstrated resilience and tenacity in the execution of the strategy, including leading the sector to deliver new forms of innovation. Brent has always had the residents at the heart of everything he does”.
“Brent has set the business up well to benefit from the positive momentum in the market and for his successor to build upon this success and Oceania’s continued growth”.
“We are delighted Brent will continue with us until we announce his successor. Oceania will be conducting an extensive search and will update shareholders as soon as an appointment is made”.
Brent says, “It has been a privilege to lead Oceania. Our team of 2,700 are the most dedicated, driven, and enthusiastic individuals and every day they work tirelessly to deliver to our promise of ‘believe in better’. I have appreciated the board’s support during my leadership.”
Brent has a six-month notice period, which he plans to serve in full if required, to facilitate an orderly handover to his successor.
This announcement has been authorised for release by Oceania’s board of directors.

[winner69]

Great news

[850man]

Great news

and Liz next?

[Lego_Man]

Great news

Yes, but hopefully not an indication of major skeletons in the closet.

[winner69]

Yes, but hopefully not an indication of major skeletons in the closet.

He’s moved a few along during his tenure …….good experienced people too

[Habits]

In the media this morning ….Brent being busy and talking to media a lot more eh

Oceania Healthcare is strengthening its foothold in Auckland’s eastern suburb of St Heliers after securing almost a hectare of prime residential properties in recent months next to its 1.3ha retirement development, The Helier.

Oceania chief executive Brent Pattison said the initial five properties and existing homes, would eventually feature additional villas and also act as a line-of-sight buffer to the newly opened development.

The land value must be 10000sqm x $4000, $40 million. They still got their cajones

[thegreatestben]

https://homes.co.nz/address/auckland...ver-road/XQgPJ - $4.2m - $3271.03/sqm
https://homes.co.nz/address/auckland...over-road/ppKY - $4.2m - $5121.95/sqm