OCA - Oceania Group - retirement villages

[Daytr]

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

They are just ridiculous prices to pay for just development sites. Perhaps they should be looking outside the most expensive Eastern Suburbs.

[thegreatestben]

Potentially renting them out? It's a lot of money but I guess it'll never be cheaper to guarantee the view.

[ronaldson]

Great news

Hmmm... shareprice still falling despite the announced intention to depart.

What could turn this around?

[Greekwatchdog]

Hmmm... shareprice still falling despite the announced intention to depart.

What could turn this around?

A positive announcement on sales etc plan and simple

[winner69]

Hmmm... shareprice still falling despite the announced intention to depart.

What could turn this around?

Was marked Price Sensitive

[nztx]

A positive announcement on sales etc plan and simple

Warren Buffet suddenly taking a liking to alleged undervalued Kiwi outfits in the Sector where deep value
is rumoured to be buried under the trees outside the window ?

[allfromacell]

Great news

Winner, I know you don't like how OCA treats its shareholders, but things were not much different under Earl. What makes you consider this great news?

[Blue Skies]

Hmmm... shareprice still falling despite the announced intention to depart.

What could turn this around?

Market doesn't like uncertainty, lets hope they find & announce a really decent successor soon or we could be treading water for 6 months.

[winner69]

Winner, I know you don't like how OCA treats its shareholders, but things were not much different under Earl. What makes you consider this great news?

Hope was that when Earl left we’d get a better CEO but appointing an accountant / finance guy in Brent was a turn off for me. Then when Stockton left years of good work behind to join Metlife was probably a sign he didn’t get on with Brent another bad sign for.

It’s been disappointing times with Brent in charge and I reckon he’s been the problem …..I’m allowed to say that

[Leemsip]

56c now, VWAP at 57cish. getting hammered. Might get ugly into the close of the month as well, with the drop from the index.