OCA - Oceania Group - retirement villages

[winner69]

Hey tj - I’m always impressed when Arvida report 96% staff give their best everyday ...not perfect but pretty damned good I reckon ........probably a few millennials let the team down

[Joshuatree]

Resignation of CFO and appointment of replacement CFO 1 page 101.0KB

[Beagle]

Did he simply get sick and tired of the board and management not understanding the need for proper financial disciplines ?

[percy]

Reading up Brent Pattison's CV I think The Beagle is going to be really challenged reading OCA's future accounts.
May be a case of "an old dog having to learn new tricks."
Off course The Beagle will receive clear helpful independent guidance from TJ......................lol.

[Ggcc]

Did he simply get sick and tired of the board and management not understanding the need for proper financial disciplines ?

There have been so many resignations in many different companies this week. I would believe New Year means new plans category.

[Beagle]

Reading up Brent Pattison's CV I think The Beagle is going to be really challenged reading OCA's future accounts.
May be a case of "an old dog having to learn new tricks."
Off course The Beagle will receive clear helpful independent guidance from TJ......................lol.

LOL. They do my head in already but I think I'll pass on assistance from t.j.
Happy to listen to Mav and our other newly arrived bright spark
Macquarie probably hoping Brent can dig them out of their intransigent position and must be licking their chops with the prospect of ~ $1.5 Billion being released for reinvestment with the pending takeover of MET.

2020 is shaping up as likely to be the year Macquarie do a massive placement to exit their stake in OCA. Wonder what discount to the market price this will be done at and how many of those shares find their way back onto the market over and over again like last time ?

[mfd]

Interesting that they highlight the new guy's experience in mergers, acquisitions and takeovers.

[Beagle]

Interesting that they highlight the new guy's experience in mergers, acquisitions and takeovers.

Yeah running a tightly disciplined operation isn't sexy...so best to jazz it up a bit
http://nzx-prod-s7fsd7f98s.s3-websit...068/315202.pdf

[winner69]

Beagle - in reply to you post that seems to have gone

NZ Superfund could take just under half of Macca’s lot easy peasy in a few months

Probably would see a far greater future return from Oceania than they would ever have got from MET

[macduffy]

Did he simply get sick and tired of the board and management not understanding the need for proper financial disciplines ?

Who knows? But ten years in a senior job with one company must be some sort of record these days!