OCA - Oceania Group - retirement villages

[Jantar]

I would have thought that aged care is one area that should do well under a labour government.

[trader_jackson]

Just some retail (minor) panic... likely related to Labour's supposed crack down on immigration (and I believe some of these care workers come via immigration), also what Labour could do to house prices... at the end of the day Labour are extremely unpredictable (in its current form) this is the main 'problem'.

All I see is OCA becoming more and more of a bargain.

[percy]

I would have thought that aged care is one area that should do well under a labour government.

The sector's tax position.

[flyer]

Yes, just got some more, any buying under $1 is great.

[artemis]

The sector's tax position.

Capital Gains Tax could be good for the sector, if they already pay income tax on gains as traders. In the event they ever sell up, if it is set at the 15% previously mooted by Labour, they will be laughing. Land tax a bit different but will just be passed on in the sale price. But really, who knows what will happen ....

In any case, a comprehensive review by experts will not happen overnight. Then there is the legislative process and IRD systems to set up. I'm picking 2 years minimum, probably longer. Just in time for a fully formed policy into the 2020 election.

[RTM]

Capital Gains Tax could be good for the sector, if they already pay income tax on gains as traders. In the event they ever sell up, if it is set at the 15% previously mooted by Labour, they will be laughing. Land tax a bit different but will just be passed on in the sale price. But really, who knows what will happen ....

In any case, a comprehensive review by experts will not happen overnight. Then there is the legislative process and IRD systems to set up. I'm picking 2 years minimum, probably longer. Just in time for a fully formed policy into the 2020 election.

I hope you are being completely clear and transparent !

[percy]

From Craig's research this morning headed ...Election getten' real.
"The retirement sector could face some uncertainty.
They are leveraged to further gains in house prices,while their own non-taxpaying status could raise some eyebrows under a new government with a greater focus on tax fairness."

[huxley]

From Craig's research this morning headed ...Election getten' real.
"The retirement sector could face some uncertainty.
They are leveraged to further gains in house prices,while their own non-taxpaying status could raise some eyebrows under a new government with a greater focus on tax fairness."

This is a concern, however it's all really speculation regarding a labour govt causing a decline in house prices, if this turns out to be unfounded, shares in this sector could be a good buy as the market potentially discounts the SP ...in the short term...

Dis hold, no plans to sell

[huxley]

This is a concern, however it's all really speculation regarding a labour govt causing a decline in house prices, if this turns out to be unfounded, shares in this sector could be a good buy as the market potentially discounts the SP ...in the short term...

Dis hold, no plans to sell

*** oh, and of course, should it be a very close election and the Nats get in, then expecting a strong recovery to any decline before the 22nd

[trader_jackson]

Man under the dollar mark... I was sure we would never see such a bargain again...
Trading at 11 PE right now, the next cheapest (eg SUM and MET) are trading at PE's over a third higher, and we won't bother comparing it to RYM, they are (nearly) worlds apart.

What is clear is this year is a big one for OCA, what is less clear is when the market is going to start realizing this (again).