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
Last edited by winner69; 25-01-2019 at 09:22 AM.
At the top of every bubble, everyone is convinced it's not yet a bubble.
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.
Last edited by Beagle; 25-01-2019 at 09:13 AM.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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
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.
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