OCA - Oceania Group - retirement villages

[peat]

Maybe just in for a quick buck .....take the discount and maybe a few cents more over a few days.

underwriters usually get fees too, though I wouldnt know if that would be appropriate in this case.

BTW Maverick
awesome post on the 25th, I didn't see it until a couple of days ago.

[Paradox]

Maybe just in for a quick buck .....take the discount and maybe a few cents more over a few days.

Ex-dividend, there will be downward pressure to 95cents, methinks.

[Bjauck]

underwriters usually get fees too, though I wouldnt know if that would be appropriate in this case.

BTW Maverick
awesome post on the 25th, I didn't see it until a couple of days ago.

I second that. I have only just read the post from Maverick on the 25th. Thanks for sharing your thoughts.

[trader_jackson]

Maybe just in for a quick buck .....take the discount and maybe a few cents more over a few days.

Maybe OCA want a bit more cash monies but don't want to borrow more nor cut the dividend further so get their mates at MAQ onboard to help out?

[Joshuatree]

Where else are so many Aucklanders going to raise a deposit for a dwelling unless they are prepared to wait until middle-age or until their families have left home...? There are various social costs to having a housing shortage and unaffordable residential housing.

Sure.But my point was that there maybe well be a great time to buy/topup OCA as property prices drop in the coming months/year.Happy to await this with cash atpit.

'Bank of Mum and Dad' putting parents at risk

[Joshuatree]

"New Zealand’s real estate market could hit a crunch in September as the end of wage subsidies and mortgage holidays combine with the uncertainty of the election, it has been warned. Banks have also been offering payment deferral on mortgages for people who have been affected financially by Covid-19 for six months. This scheme started on March 27 and will also finish in September www.globalnews.co.nz

[winner69]

Maybe OCA want a bit more cash monies but don't want to borrow more nor cut the dividend further so get their mates at MAQ onboard to help out?

'mates' being the key word here eh tj ....the big end of town mates love playing games

[winner69]

The divie is only $7m odd so not going to make much difference to anything

[trader_jackson]

more than pays OCA's bonuses at least, probably helps some at MAQ's earn a bonus as well... win win... shareholders lose with additional dilution... but not that much as you say.

[teabag]

Hi guys
Can anyone make sense of the Buy/Sell table from ASB for OCA, takenjust before 5pm today - some buyers at $1.09, some sellers at $0.94.
Is this an after closing aberration of some kind?




OCA_ASB_2020-08-03.jpg