OCA - Oceania Group - retirement villages

[winner69]

Classic...lol

Not FOMO - just an astute play by Mr Beagle

Potentially good/great short/medium returns with low risk.

[whatsup]

Trading in OCA shares in the last month has been interesting, while the share price initially rose strongly (from 82 cents, to the 86 cents it is at now), for the past couple weeks it has been pretty stagnant, nearly always at 86 cents.
Volumes have nearly always been around a million or more (fairly significant I think), but the sells at 86 cents always seem to be around 400k, while the buys at 85 always seem to be 700k (with the total buys always being a few 100k above the total sells).

Looks like someone is definitely drip feeding the market... they aren't too happy selling below 86 cents... while buyers aren't to happy paying more than 85 cents... bit of a stand off is occurring and has been for a good couple weeks now... yet the reasonable volumes, sometimes those volumes are enough to also have the highest value of the 5 listed operators, which is even more interesting given the amount of free float in OCA currently, and the market cap (2nd lowest).

No worries. Annual results coming in about 2 weeks, will bowl over any and all sellers below 90 cents

Trader, As Ive said what you say is correct but supported, sold bid by mcQuaries the promoters of the float, I think they still have some hang over stock which they are dripping onto the market, the first financial report will tell all and set the pace for the medium term future. IMO they
would not want to disappoint with them !!

[trader_jackson]

Trader, As Ive said what you say is correct but supported, sold bid by mcQuaries the promoters of the float, I think they still have some hang over stock which they are dripping onto the market, the first financial report will tell all and set the pace for the medium term future. IMO they
would not want to disappoint with them !!

Hmm possibly, but from what we have heard/discussed on this thread the IPO itself was heavily oversubscribed, so I am not sure where all these sells are coming from... almost as if someone is playing with the market.

[winner69]

Hmm possibly, but from what we have heard/discussed on this thread the IPO itself was heavily oversubscribed, so I am not sure where all these sells are coming from... almost as if someone is playing with the market.

Is that something to worry about?

[trader_jackson]

Is that something to worry about?

hmm possibly... then again, annual results will come out showing what the prospectus forecast, and all will be well (one hopes)

[Benny1]

Is that something to worry about?

Hope not! I have just jumped aboard this one!
Could be an interesting ride, tho long term should be ok.

[winner69]

hmm possibly... then again, annual results will come out showing what the prospectus forecast, and all will be well (one hopes)

There can't possibly be any surprises so soon after IPO can there?

All on track ......no worries

[percy]

There can't possibly be any surprises so soon after IPO can there?

All on track ......no worries

Keep "the faith".....lol.

[Bjauck]

I visited Oceania Elmwood recently. Auckland botanic garden with complementary mobility scooters just over the road.

A good community apparently. Care facilities on site. They have quite a few new units there at competitive prices. They look well-designed and many have views towards Bombay.

[whatsup]

.78 pushing .88 and steady buying = a good sign.imo.