OCA - Oceania Group - retirement villages

[wagwan]

Hope so ..... but some might see SUM as a better bet and sell their OCA and move to SUM

Let's hope so.. be happy to take some OCA off their hands

[Waltzingironmansinlgescul]

even if there is an out break and a move to L4 we arnt expecting a sell off in this stock.

[winner69]

Got really excited this morning when I saw OCA share price was on a roll and up to 148

Then I realised that it was 150 the other day

[Alpha]

Same here not sure what is going on. I thought we would have got through 150 by now. Is it just profit takers? Seems crazy to be selling prior to what we believe are going to be great results.

[Kashmir96]

Weak hands getting nervous with uncertainty around COVID and US inauguration perhaps?

[dompf]

Same here not sure what is going on. I thought we would have got through 150 by now. Is it just profit takers? Seems crazy to be selling prior to what we believe are going to be great results.

pretty big log jam between 148-150. Awaiting results might not be any lead up just sell up lol.

expecting a good result will move the needle.

[Louloubell]

I just dipped my toes into the OCA waters with my Sharesies play money. Has been interesting reading the OCA thread.

[blackie]

pretty big log jam between 148-150. Awaiting results might not be any lead up just sell up lol.

expecting a good result will move the needle.

i too hope good news will move the needle but ironically . often, good news inexplicably moves the needle down. look at Summerset the last couple of days.

[macduffy]

Yes, the effect that good news has on a SP depends on whether or not the news exceeds expectations - or fails to meet them!

[Waltzingironmansinlgescul]

The current SP may well be what the market considers a good performance. Builders are fully booked the news says for up to a year out.

But without a big colored board where the build rate is lit up high hot summer can sometime dull the minds of the investing public as they head for the shade in the hot months yet to come.

[dreamcatcher]

Lets see where these Retirement stock go ....posted on 4/6

Updated ---------4/6--------..6/7------------5/8................8/9...............7/10..........7/11............3/12............10/1

Arvida ..............$1.37..........$1.48 ............$1.60.............$1.65............ $1.77.........$1.78..........$1.67.........$1.75
Summerset.......$6.34..........$6.73.............$ 7.80............$8.56.............$9.15........$10 .50........$10.83........$12.35
Ryman..............$13.35........$13.04 ..........$12.77..........$13.79..........$14.85.. ......$14.70........$14.69.........$15.05
Oceania............$0.94..........$0.95 ............$1.03.............$1.04............ $1.20.........$1.36..........$1.29..........$1.46
Metlifecare........$4.28..........$5.76 ............$5.92.............$5.94............$5. 98 .........$6.00..........0000............0000

Question- has the smart money already left

[Curly]

Well Mr Mkt has reacted not as I had expected. Nothing new about that. I had expected sp to be around $1.55 about now. Seems mkt has been harsh on power coys and latterly healthcare coys. As quickly as a stock can rise, it can as quickly go down. Have we seen the rise in anticipation of the 22 Jan announcement? Hopefully a lift following announcement but don’t hold your breath. When’s the Beagle get off his naughty boy chair ? Maybe the learned dog can offer some insight.

[Joh13]

Using the sector PE average of 18 and @ $1.42 the market is only pricing in an annualised Underlying NPAT of approximately $49M which suggests maybe only $24.5M Underlying NPAT at half year the market thinks OCA will achieve. Seems undervalued at the moment considering all the analysis done suggesting 28-33M half year.

I anticipate upward movement in the SP next week as $1.42 also coincides pretty closely with the 20 day moving average as well as hidden divergence shown on the MACD histogram 1day chart and on the 4 hour chart a large number of hidden divergences.

A forward PE of 18 suggests with a range of 56-66M annualised UNPAT of $1.61-1.90 SP in the near future.

I also think that a Fwd PE of 18 is conservative and that it should be closer to 20.

GLTAH

[Habits]

Is sector average PE justified for a small player, the average amd above average PE is reserved for larger and more well known stocks right?

[Waltzingironmansinlgescul]

would investor please stop trying to ramp up the share price of this stock......

[Curly]

Yes moving on up ....we just dont have any where near enough of these and never will im afraid. We are moving into places like deserts...

Pot calling kettle black?

[Joh13]

would investor please stop trying to ramp up the share price of this stock......

Is this not a forum for people to share their opinions along with how and why they came to their conclusion?

[Curly]

Yes moving on up ....we just dont have any where near enough of these and never will im afraid. We are moving into places like deserts...

Is this not a forum for people to share their opinions along with how and why they came to their conclusion?

Precisely, take heed Beagle and Mav!

[jimdog31]

Is this not a forum for people to share their opinions along with how and why they came to their conclusion?

it sure is. Your post was appreciated. And, we need more like it.

[jimdog31]

would investor please stop trying to ramp up the share price of this stock......

I assume you say this because we are wanting to buy more at these levels?