Yeap...its still under $1 now so it's still really, really cheap
Last edited by Beagle; 25-07-2017 at 03:48 PM.
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
F18 earnings growth is to mainly driven by 1) new unit sales going from forecast 33 this year to 84 and 2) resales going from 87 to 113 .....along with improved development margins
Big growth numbers = big increase in share price
So Thursday we should see numbers close to the 33 and 87 stated above and close to forecast underlying ebitda of $44m and underlying npat of $33m
Then its all go for F18
When investors are euphoric, they are incapable of recognising euphoria itself
Yeap Trader Jackson says its only on a PE of 9 so if they can progress their business plan as intended we could see it rerated up towards sector average PE quicker than maybe you or I even expect. A lot of potential that's for sure, lets hope they can crystalise that potential going forward.
Last edited by Beagle; 25-07-2017 at 04:26 PM.
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
Yeap Trader Jackson says its only on a PE of 9 so if they can progress their business plan as intended we could see it rerated up towards sector average PE quicker than maybe you or I even expect. A lot of potential that's for sure, lets hope they can crystalise that potential going forward.
Was listed at 9 yes, as mentioned on 14-07-2017, 06:26 PM (post 294) it finally made it past 10, still crazy low really.
Fast forward to today, another day of large volume, nobody selling till 97 cents
Some say tomorrow might be the last day OCA is under the dollar mark
(Who are these crazy people still selling under $1?)
Last edited by trader_jackson; 25-07-2017 at 06:15 PM.
Below graphic is the 'promise' that Oceania have made for F18
After hardly growing ebitda in F17 it's going to skyrocket in F18 - as can be seen by selling heaps more new and used retirement units. Stuff all extra ebitda from looking after (care) oldies
Off course they will keep this 'promise' .....
When investors are euphoric, they are incapable of recognising euphoria itself
Below graphic is the 'promise' that Oceania have made for F18
After hardly growing ebitda in F17 it's going to skyrocket in F18 - as can be seen by selling heaps more new and used retirement units. Stuff all extra ebitda from looking after (care) oldies
Off course they will keep this 'promise' .....
Imagine if even this years EBITDA were better than prospectus?
Imagine if they not only reaffirmed next years EBITDA but upgraded it?
Doubt it, but just imagine.
Imagine if even this years EBITDA were better than prospectus?
Imagine if they not only reaffirmed next years EBITDA but upgraded it?
Doubt it, but just imagine.
Yesmate, just imagine if they did
From a 'small base' even another 5 or so more unit sales can make a difference
Just as well all this talk of property market collapse not affecting Oceania eh
When investors are euphoric, they are incapable of recognising euphoria itself
From a 'small base' even another 5 or so more unit sales can make a difference
Just as well all this talk of property market collapse not affecting Oceania eh
Property market collapse? Oceania, like sum other listed operators set their own prices anyway?
Price marker, not taker I'm sure... No* debt, No worries
Last edited by trader_jackson; 25-07-2017 at 09:01 PM.
Reason: *there may be a little bit of debt
Property market collapse? Oceania, like sum other listed operators set their own prices anyway?
Price marker, not taker I'm sure... No* debt, No worries
All good, should be up to a PE of 15-17 this time next year, SUM be back to 18-20 by then, heaps of profits all round. No worries. Last chance to buy at under $1 tomorrow morning. ...might have to get some more myself
Last edited by Beagle; 25-07-2017 at 09:09 PM.
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
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
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Originally Posted by Beagle
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