OCA - Oceania Group - retirement villages

[Beagle]

MET news seems to have helped OCA share price today

OCA needs all the good news in the sector it can get to get its shareprice moving ... and tag along with the others ......not much going for OCA otherwise

86% of future developments already consented. An investment in OCA is an investment for substantial growth in the long run and investors are being paid very handsomely with a dividend yield of 5% in this needs based business in the meantime.

TRINA
.

[Waltzing]

"One bilion" "1.20" better set the sell at 1.19 then. And buy some more...

but what makes you think the offer will be accepted , yes read the comments but why would they just flick the funds here when they can prehaps just buy growth tech etf? Tech has just shown how powerful it is? Or are you saying that this money is conservative and looking for a defensive home.

[Beagle]

Most professional investors already have their desired asset allocation strategies well sorted with allocations within countries and sectors well structured. A takeover of a N.Z. retirement company is likely to see a material portion of that capital released reinvested into an alternative retirement company in N.Z. Those sitting with cash on the sidelines, of which there are many, will allocate additional funds in advance of this reallocation in an attempt, (which will probably be successful in my opinion), to gain a short period of market outperformance.

What makes me think the offer will be accepted is that there is very little appetite for a multi year multi jurisdictional legal battle costing a factor of tens of millions.
No-one wants to invest for years with that sort of uncertainty hanging over a stock.

[Waltzing]

Thank you MR B. $$$$$

[Waltzing]

"Nah.....it will soon be $1.20 once MET sales gone through"

anyone want to guess a timeline? or a bit much to ask?

[Paradox]

"Nah.....it will soon be $1.20 once MET sales gone through"

anyone want to guess a timeline? or a bit much to ask?

Unlikely to touch $1.20 before end of July.

[King1212]

Depend on the met settlement....$1.2 billion needs place to go eh?

N it will be back to retirement sector...

Current OCA is the cheapest in the sector....under NTA

[winner69]

"Nah.....it will soon be $1.20 once MET sales gone through"

anyone want to guess a timeline? or a bit much to ask?

Was nearly $1.40 not that long ago ...about last Xmas

Things look brighter now

So it’s back to 130/140 when MET money comes through

That’ll be good

[Beagle]

Once we get some more certainty around this MET situation I think that will be the catalyst for a (potentially), significant rerating of OCA.
Will the arbitrage funds that have an average cost of $6.88 be prepared to accept an amended negotiated offer, (such as $6.35) that involves them accepting a loss ? If the answer to that question is yes, then the scheme of arrangement appears to be ostensibly done and dusted and then finally it is my sincere hope we will see the back of this ever trading under $1 again. I'm a committed long term holder so whether it takes a few months or a year to get to $1.30-$1.40 doesn't really make any difference to me.

[Waltzing]

Thank you MR B.