OCA - Oceania Group - retirement villages

[Entrep]

I just tried calling my grandad in a retirement village - landlines blocked because of congestion.

Spark issue or retirement village thing? Pretty crazy either way

[blackcap]

I just tried calling my grandad in a retirement village - landlines blocked because of congestion.

Spark issue or retirement village thing? Pretty crazy either way

I cannot get hold of my brother cell phone to cell phone. Must be congestion.

[bull....]

They got $300m for their 40% odd a month or so ...only need a bit more to buy the whole lot now.

they are popping the champagne over this one

[tipsy]

Man, into the 30's we go

[BlackPeter]

Looks like ANZ Investments think this is now good value: they increased their holding from 7.4 to 8.4% and issued SSH:

http://nzx-prod-s7fsd7f98s.s3-websit...460/319402.pdf

[hyinvest]

Looks like ANZ Investments think this is now good value: they increased their holding from 7.4 to 8.4% and issued SSH:

http://nzx-prod-s7fsd7f98s.s3-websit...460/319402.pdf

From where you get it?

[Gerald]

From where you get it?

https://www.nzx.com/markets/NZSX/announcements

[dubya]

Looks like ANZ Investments think this is now good value: they increased their holding from 7.4 to 8.4% and issued SSH:

http://nzx-prod-s7fsd7f98s.s3-websit...460/319402.pdf

Yeah some would say the transfer of wealth from weak to strong?
I think there could be some more SSH's in the coming days too, but time will tell I guess

[cymonger]

Let's not sugarcoat things. It's a fear-driven market right now, and things will almost certainly get worse before they get better. As Tommy Lee Jones said in Men in Black, "A person is smart. People are dumb. Panicky, dangerous animals and you know it." Witness Jacinda telling people please not to panic and raid the Supermarkets tonight, and before she could even finish her speech, people were ripping packages of Spaghetti off the shelves like it was gold.

And yet, to those who can keep their heads, think of the tremendous amount of wealth that is going to be created buying a company like this at these prices. Tragedies often involve a further transfer of wealth from the fearful to the powerful. This virus will pass. Our population is still aging. The retirement sector is still gonna boom. Nothing about any of that has changed. This will be a ten banger from here in 2024. At the VERY least a five banger. That's a tremendous opportunity.

[peat]

Definitely a long term perspective required on any purchases being made currently. But there has to be long term value. Right?

I saw a Fed guy saying they had infinite money so dont you worry. Which of course scares me silly, but the powers that be are determined to create inflation and stocks and property tend to benefit from that.