OCA - Oceania Group - retirement villages

[Beagle]

At least you not one of the delusionsl ones Beagle ...this guy reckons fsr too msny are delusional

https://www.smh.com.au/business/mark...16-p54kc3.html

Thanks Winner, some very sobering reading in there. No matter how ugly the reality of the situation is, its better to grasp the enormity of the situation than to cling to some forlorn hope that things will be back to normal sometime really soon.

Another commentator effectively saying investors are delusional and the markets adjusted for the forecast earnings decline have never been more expensive
https://www.goodreturns.co.nz/articl...or+16+Apr+2020

[Hoop]

There's a lot more on the sell side of the ledger today...bit of profit taking going on?

Attachment 11305

Yes profit taking using the Technical play...The Depth info showing high sell volumes around 86c-88c is exactly where the Chart EMA50 resistance line is.... A short/medium term investing strategy rule of thumb is sell near resistance and buy near support.This is a more successful play when it is a bear market (downtrend) and/or during a rectangle pattern (trading range/channel). During an uptrend Bull market this depth sell behaviour would not as strong.

[Cyclical]

Yes profit taking using the Technical play...The Depth info showing high sell volumes around 86c-88c is exactly where the Chart EMA50 resistance line is.... A short/medium term investing strategy rule of thumb is sell near resistance and buy near support.This is a more successful play when it is a bear market (downtrend) and/or during a rectangle pattern (trading range/channel). During an uptrend Bull market this depth sell behaviour would not as strong.

It's funny you should say that, as I did exactly that today. Ended up with 4% more shares for the same money. I'm calling it a self generated DRP

[Cyclical]

At least you not one of the delusionsl ones Beagle ...this guy reckons fsr too msny are delusional

https://www.smh.com.au/business/mark...16-p54kc3.html

That's a scary read all right. Makes me pretty happy to be in NZ with our relatively conservative debt to GDP ratio. Most of the world has done a great job of digging a deeper and deeper hole since the GFC.

[Beagle]

That's a scary read all right. Makes me pretty happy to be in NZ with our relatively conservative debt to GDP ratio. Most of the world has done a great job of digging a deeper and deeper hole since the GFC.

Sometimes I can be a forgetful old mutt and forget the likely full extent and enormity of what it is we are facing so I've created a shortcut on my computer desktop to that article. I've named the shortcut "Reality Check" A really useful one for whenever I am making any investment decisions for at least the rest of 2020. Thanks for posting that article Winner. Keeps me very sober and focused on the extent of the problem.

[Cyclical]

Sometimes I can be a forgetful old mutt and forget the likely full extent and enormity of what it is we are facing so I've created a shortcut on my computer desktop to that article. I've named the shortcut "Reality Check" A really useful one for whenever I am making any investment decisions for at least the rest of 2020. Thanks for posting that article Winner. Keeps me very sober and focused on the extent of the problem.

Not a bad idea that. Hopefully I can exercise the same caution. Very easy to get caught up in the tide of enthusiasm that sees the likes of AIR going gangbusters, and lose sight of the imploding mess that lies ahead of us. Yep, thanks for the article, Winner.

[winner69]

That's a scary read all right. Makes me pretty happy to be in NZ with our relatively conservative debt to GDP ratio. Most of the world has done a great job of digging a deeper and deeper hole since the GFC.

...that shouldn’t make you happy ...our hole is pretty deep

[fish]

At least you not one of the delusionsl ones Beagle ...this guy reckons fsr too msny are delusional

https://www.smh.com.au/business/mark...16-p54kc3.html

Look at the credibility of the Journalist-Ambrose Evans-Pritchard writing for the Telegraph.
He cites the first release of information from the Danish Antibody study as indicating mortality is over 1% when in fact it indicates it could be 10 times lower(3% of dutch blood donors population have detectable antibodies)

At this moment in time confusion reigns and actions taken by nations to combat corvid -19 have swung from too lax and now too extreme .
The most important thing is to reduce the transmission ratio to less than 1 and then the world has to find a way to keep it at less than 1 .
Its mainly the stupidity of people that prevents this happening in the world
Should be easier for OCA than AIR

[Raz]

...that shouldn’t make you happy ...our hole is pretty deep

Especially when you look at the small group who will be asked to help pay it back via tax....

[Bjauck]

Especially when you look at the small group who will be asked to help pay it back via tax....

Attempts to broaden the tax sources may be needed?
There are so many divergent forcecasts around. The massive QE/Helicopter money will mean governments have to look for tax revenue from somewhere eventually.

How much will Income tax and GST rates increase?
Will the dividend imputation credit scheme be suspended, to encourage NZ companies to reinvest as opposed to paying out such a large percent of profits as dividends?
Will a wealth tax or a CGT be unstoppable now?
Will real estate transfer Stamp duties (such as they have in Australia) be introduced, with second homes and investment properties attracting higher rates?
Will there be an introduction of company share transfer stamp duties and financial transaction duties?