OCA - Oceania Group - retirement villages

[Bjauck]

OCA % of RYM - Weekly Closing Price Data
Attachment 10924

Nice chart. So the Couta1 RYM/SUM is a more reliable long term 2:1?

[Baa_Baa]

Nice chart. So the Couta1 RYM/SUM is a more reliable long term 2:1?

No it's not imo. Depending on what you mean "reliable" for, it's more a curiosity than a buy/hold/sell indicator.

[winner69]

No it's not imo. Depending on what you mean "reliable" for, it's more a curiosity than a buy/hold/sell indicator.

Has always been a great time buy SUM when share price <40% of RYM

Traders would have sold when it reached 60% ....that’s a really healthy trade

Reversion to the mean is a powerful thing ...almost a law of nature

One could say OCA is reverting to the mean at the moment ..mean just under the 10% mark ...even better reversions overshoot so that’s good news for OCA punters. (Rider is not much history for the OCA RYM relationship.)

[couta1]

Has always been a great time buy SUM when share price <40% of RYM

Traders would have sold when it reached 60% ....that’s a really healthy trade

Reversion to the mean is a powerful thing ...almost a law of nature

One could say OCA is reverting to the mean at the moment ..mean just under the 10% mark ...even better reversions overshoot so that’s good news for OCA punters. (Rider is not much history for the OCA RYM relationship.)

Yep you dont mess with mathematical laws that have stood the test of time aye winner, Beagle knows this to be true, that's why he bought SUM when it was near that 40% mark. PS-As I have said already OCA will follow the mean more consistently once it gets its s*** sorted out.

[Baa_Baa]

Has always been a great time buy SUM when share price <40% of RYM

Traders would have sold when it reached 60% ....that’s a really healthy trade

If you plot the Share Price on one axis and the Relative % to RYM on the other axis, I think you'll find it a lot less than obvious indications of a good time to buy or sell the share. I posted that SUM SP:RYM % chart on the SUM thread a couple of weeks back, it doesn't imo give quite the trading clarity that you suggest it does.

[Beagle]

Yep you dont mess with mathematical laws that have stood the test of time aye winner, Beagle knows this to be true, that's why he bought SUM when it was near that 40% mark. PS-As I have said already OCA will follow the mean more consistently once it gets its s*** sorted out.

I buy on really thorough fundamental analysis, technical analysis and value and my confidence in the management and the board of companies and last but not least by any means, I also rely on my sixth sense of my Beagle nose for a feed. Your relativity theory doesn't come into it mate.

[RTM]

Really cheer yourself up by taking some profit at the current irrational price level.

Done.
~50% gone at 136. Nice profit on buy of 100.
Will consider buying back should they drop to < 110. Other than that...have some money looking for a new home.
Looking forward to the Jan result with interest.
Sure beats the dividend tho while I wait.

[couta1]

Done.
~50% gone at 136. Nice profit on buy of 100.
Will consider buying back should they drop to < 110. Other than that...have some money looking for a new home.
Looking forward to the Jan result with interest.
Sure beats the dividend tho while I wait.

Good for you and well done.

[Snow Leopard]

So apart from the Smart People such as TJ, Mav & I, who else is keeping a discerning eye on this?

PS: peat = Smart People too.

[peat]

keeping an eye of course however did sell out a recently acquired parcel at 1.38 for a quick 32c.
I'm not sure when to buy this back now haha, the joy of trading but holding is still 10% of equities, so no tearing rush or tears either way.