OCA - Oceania Group - retirement villages

[777]

I'm finding the ANZ securities site more useful as you can see the recent trades next to the bids and asks. See the pattern forming. And use ASB as its only $30 a trade up to 10k. Is that an ok price for brokerage fees or can I find better elsewhere?

From ANZ.

Recent Trades
Price	Volume	Time	Cond
107	75,848	14:14	SP
107	228,802	14:13	SP
107	11,700	14:12	SP
107	6,500	14:10	SP
107	1,379	14:07
107	9,000	13:57
107	559	13:57
107	819	13:57
107	9,059	13:48
107	9,441	13:48
107	20,000	13:47
107	1,378	13:47
107	3,000	13:41
107	150,000	13:40	SP
107	100,000	13:39	SP

ANZ Securities is 29.90 for $15,000 then .02%

[Fatboyj]

Ah that's come down from previous research, it was $30 + some % per trade. Good to know thanks.

[steveb]

I'm finding the ANZ securities site more useful as you can see the recent trades next to the bids and asks. See the pattern forming. And use ASB as its only $30 a trade up to 10k. Is that an ok price for brokerage fees or can I find better elsewhere?

From ANZ.

Recent Trades
Price	Volume	Time	Cond
107	75,848	14:14	SP
107	228,802	14:13	SP
107	11,700	14:12	SP
107	6,500	14:10	SP
107	1,379	14:07
107	9,000	13:57
107	559	13:57
107	819	13:57
107	9,059	13:48
107	9,441	13:48
107	20,000	13:47
107	1,378	13:47
107	3,000	13:41
107	150,000	13:40	SP
107	100,000	13:39	SP

prices work out a tad cheaper on ANZ:-

For trades for New Zealand listed securities (other than debt securities) with a trade value of up to NZ$15,000	NZ$29.90
For trades for New Zealand listed securities (other than debt securities) with a trade value exceeding NZ$15,000:
(i) for the first NZ$15,000; plus	NZ$29.90
(ii) for the portion of the trade value exceeding NZ$15,000	0.20%

[Bjauck]

percy? snoopy? Is it possible for them to agree?

I've just dived (well, dipped my big toe to be fair) in on the basis that they will be delivering dividends. There's money in the old age sector, no denying it. Although who knows what will happen in another 50/60 years when the millenials who havent got homes to sell to get into these places have nowhere to go.

Actually even though the home ownership rate is dropping at the moment, the number of home owners is increasing - thanks to immigration and population growth!

[Lawstudent]

Thanks very much!

this what you need?

Buyers	Buy Quantity	Prices
15	299,928	$1.060
5	103,475	$1.050
8	58,995	$1.040
8	41,500	$1.030
8	329,150	$1.020
8	130,255	$1.010
8	81,100	$1.000
10	91,500	$0.990
11	194,163	$0.980
5	29,000	$0.970
86	1,359,066

Prices	Sell Quantity	Sellers
$1.070	293,712	7
$1.080	85,196	4
$1.090	42,062	5
$1.100	39,100	6
$1.120	19,000	1
$1.150	247,046	2
$1.200	1,000	1
$1.250	10,000	1
$1.300	10,000	1
$1.500	25,000	1
	772,116	29

[Beagle]

Topping up with a few more in the closing match process. Posting in real time for anyone interested. I'm thinking 2-3 years down the track here and I honestly think there will be an abundance of very cheap acquisition opportunities in late stage care as more and more small operators are forced to close through increasing wages.
Oceania with its award winning care probably best placed of any of the operators to capitalize.

[macduffy]

Topping up with a few more in the closing match process. Posting in real time for anyone interested. I'm thinking 2-3 years down the track here and I honestly think there will be an abundance of very cheap acquisition opportunities in late stage care as more and more small operators are forced to close through increasing wages.
Oceania with its award winning care probably best placed of any of the operators to capitalize.

Do we know how much, if any, unused capacity they have in this regard?

[Beagle]

As expected, and as I alluded too that is something that was required very early in this thread, they dramatically deleveraged their balance sheet using nearly the full proceeds of the IPO float. Gearing as at 31 May 2107 was a very modest 15% so they are well positioned although I would imagine any acquisitions would be achieved at a very discounted rate given that other operators basically have their hands full with their own development projects, e.g. SUM recently announced their Parnell and St John's developments would involve capex of as much as $1.3 billion over the next few years and RYM are very busy in Australia.

[winner69]

Up 6%+ two weeks ago

Up 6%+ last week

Up 6%+ this week ......and it's only Wednesday

Probably next week will be another 6%+ as well

[Fatboyj]

666 great number.

Have followed this thread very closely, and glad to have jumped in and bought last week. Thanks all for your input. Is there no one on this site against this stock? No devils advocate to stir things up a bit?