OCA - Oceania Group - retirement villages

[stoploss]

What a bloody shambles, how much damage is this privately run NZX doing to investor confidence.

Privately run ? It's a Publicly Listed Company .....

[Blue Skies]

Privately run ? It's a Publicly Listed Company .....

Sorry I meant Private as opposed to a Govt organisation & maybe its too important to the overall confidence in the NZ economy not to have some govt ownership

[tommy_d]

Sorry I meant Private as opposed to a Govt organisation & maybe its too important to the overall confidence in the NZ economy not to have some govt ownership

such a cool contrast.
investors in privately held companies pushing for state ownership and regulation - seems, um, unusual?

[Blue Skies]

such a cool contrast.
investors in privately held companies pushing for state ownership and regulation - seems, um, unusual?

Not at all, or at least not the way I see it.
Both Private & Public have important roles to play.
Can you imagine NZ's Justice Dept, or Police Dept, or Internal Affairs granting casino & liquor licences passports etc, or national organisations tasked with protecting workers health & safety or the environment etc, being run by Private companies whose first responsibility is to return max profit to shareholders. Look how badly that ended when privately owned SERCO started running prisons & look at the mess FBU with all their resources are making of their business.
However, this getting way off topic so best leave it there or start a new thread.

Good to see OCA starting to gain some traction & evidence of surging confidence in the Real Estate market v reassuring for the companies outlook.

[Waltzing]

mortgage rates may well move down next year for some time to come and if so both retirement and commercial property will do well. A winter of discontent is nearly over.

[Greekwatchdog]

Not long to go before Annual Meeting. Hope to see some good news so this joins the run up with the rest of the sector

[Baa_Baa]

Not long to go before Annual Meeting. Hope to see some good news so this joins the run up with the rest of the sector

Need a long term view with this one, it recovered very quickly from the COVID lows but stalled. Sales signups and increasing property values are the coiled spring under the SP. on one hand it’s obvious, property prices are going berserk and OCA very conservative estimation I feel it’s way off the mark. So that leaves sales, and they have some terrific properties on the markets, so quietly hopeful there. I see a 40% rerate Upside from here as more probable than possible.

[Greekwatchdog]

Its in the bottom draw Baa Baa, just watching the rest of the sector continue up trend can be frustrating with this one. 21 sleeps to go...Might be time to buy some more me thinks..

[tommy_d]

Its in the bottom draw Baa Baa, just watching the rest of the sector continue up trend can be frustrating with this one. 21 sleeps to go...Might be time to buy some more me thinks..

i've got a few for sale, but the market is not quite hitting the price i want. Portfolio too heavily weighted on OCA, mostly bought in the 60-70 cent range.

I expect that one day soon i'll get an email that i've sold 25% of my OCA holdings.

Then i'll have to figure out what to buy. I've got a few ideas.

[Beagle]

Need a long term view with this one, it recovered very quickly from the COVID lows but stalled. Sales signups and increasing property values are the coiled spring under the SP. on one hand it’s obvious, property prices are going berserk and OCA very conservative estimation I feel it’s way off the mark. So that leaves sales, and they have some terrific properties on the markets, so quietly hopeful there. I see a 40% rerate Upside from here as more probable than possible.

Post of the day in my opinion. Very well said, I couldn't agree more.