OCA - Oceania Group - retirement villages

[dobby41]

Once we get some more certainty around this MET situation I think that will be the catalyst for a (potentially), significant rerating of OCA..

Why would the money go into OCA rather than one of the others?
Is it because of all the operators, they have stayed down after the covid dip? (As per post #5896.)
Just trying to understand the thinking here.

[King1212]

Sector yah aw......

Some funds need to be allocated on healthcare, real estate, consumer staples, tech., Financial, sex toys products..lol

[winner69]

Why would the money go into OCA rather than one of the others?
Is it because of all the operators, they have stayed down after the covid dip? (As per post #5896.)
Just trying to understand the thinking here.

Might be as simple as ‘wishful thinking’ dobby ......as I run for cover

[Beagle]

Why would the money go into OCA rather than one of the others?
Is it because of all the operators, they have stayed down after the covid dip? (As per post #5896.)
Just trying to understand the thinking here.

#5923 Extract 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.

I didn't say OCA would be favoured over the others BUT the fact of the matter is it will be the only retirement company left trading at under NTA, (although this may no longer be the case very shortly). The underlying PE, dividend yield and share price proximity to NTA is the best of the sector. Next best is ARV trading at a 17% premium to NTA and a dividend yield of 3.9%. I am sure some money will flow there and to SUM and RYM as well.

[dobby41]

I didn't say OCA would be favoured over the others BUT the fact of the matter is it will be the only retirement company left trading at under NTA, (although this may no longer be the case very shortly). The underlying PE, dividend yield and share price proximity to NTA is the best of the sector. Next best is ARV trading at a 17% premium to NTA and a dividend yield of 3.9%. I am sure some money will flow there and to SUM and RYM as well.

Thanks for that.

[Joshuatree]

Yes , a friends already indicated he will put his (big) gains into SUM, with quality and safety in mind, in this brave new world.

[winner69]

Yes , a friends already indicated he will put his (big) gains into SUM, with quality and safety in mind, in this brave new world.

Think I’ll be doing the same JT

At least you know what you getting with SUM ....in three years time OCA still might be the gunna to be great story

[Beagle]

Yes , a friends already indicated he will put his (big) gains into SUM, with quality and safety in mind, in this brave new world.

The one that can only sell SUM of the units they build and get SUM of the consents they apply for...but no worries, let's expand across the ditch, surely the grass is greener over there

[Leftfield]

Crikey... both OCA and PLX at 97c when I checked this morning......Spooky!!

[bull....]

yea spooky took of last week why i was filling my boots for my trade