OCA - Oceania Group - retirement villages

[winner69]

Slide 26 is important

http://nzx-prod-s7fsd7f98s.s3-websit...805/294060.pdf

[winner69]

Hey winner, what is happening to the real profit? the actual NPAT? Isn't that the 'one that counts' at the end of the day?
ARV had growth in NPAT was up 111%, OCA down 97%
Some people on here saying 17% growth and stuff...
OCA and ARV basically the same size (asset value wise anyway) yet OCA has a 20% higher market cap

Flash presentation so no worries

You have to go down to Comprehensive Income and Continuing Operations mate.

One key metric though is Shareholder Equity (Book Value) ...hey that’s hardly moved

I need another cuddle

[trader_jackson]

Despite results being out for half an hour now, the silence on here is truly deafening

Makes my other holding ARV look pretty good at least

[bull....]

You have to go down to Comprehensive Income and Continuing Operations mate.

One key metric though is Shareholder Equity (Book Value) ...hey that’s even lower than a year ago

I need another cuddle

because speeding up more care bed conversion in next period has caused the decline this would be benifit as more cashflow again next time

Development programme across other key sites continuing to accelerate with 587 units and care suites now under construction across nine projects.

[bull....]

Slide 26 is important

http://nzx-prod-s7fsd7f98s.s3-websit...805/294060.pdf

i havnt looked for the notes but need to see the notes to know which assets categories have been revalued

[winner69]

Despite results being out for half an hour now, the silence on here is truly deafening

Makes my other holding ARV look pretty good at least

Everybody still reading all the good bits tj

Numbers this time round don’t mean much ...it’s believing the future

Development sales of 65 v 23 same period last year is pretty good ...and margins around 30% even better

And completing 81 units v 46 pcp is pretty good too.

[minimoke]

Hope Underlying npat close to or over $30m though

$20.9. Along way short

[Beagle]

81 care suites completed this half. 191 apartments and care suites to be completed second half so this is really a second half story.
Good that all developments are on track and on budget, no easy feat in this market. I will continue reading before posting more.
Posted in an other forum on 14 January

Poor result is anything less than last year's underlying profit of $19.9m (subject to narrative and outlook).
Okay is $20-$24m but if towards bottom end the outlook and narrative needs to be encouraging.
Good result $24-$28m
Really Outstanding $28m+
Remember that the development program is heavily weighted towards delivered units in the second half by about 180:90

All figures are based on underlying profit.

Result is in the okay range...good that all future developments are on track and well over 70% of future developments now consented.
I think the outlook and narrative is encouraging.

[bull....]

as was saying before xmas care bed conversions are the growth area so as they are accelerating this that is good for cashflows , need to get more villages for longer term cashflows after the conversion is finished

[couta1]

All good, remember at least 5 years for this one to hit full revs, expect after full year result market will start to wake up.PS-Think Defensive/Think Value/Think long term.