OCA - Oceania Group - retirement villages

[Cyclical]

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.

Sounds good to me. One thing though, if it’s 40% on the x-axis, what units and how many along the y?

[nevchev]

Article in nbr and interview with oca boss but i dont have access.Anybody?

[winner69]

Article in nbr and interview with oca boss but i dont have access.Anybody?

Just another moan about why the government should give them (or their clients) heaps more in fees

[nevchev]

Just another moan about why the government should give them (or their clients) heaps more in fees

Thanks winner.Seems everybody has their hands out.cheers

[Waltzing]

a 2022 - 2023 and onward story.

[Beagle]

Just wait until you see the half year result to 30 November to be announced in late January 2021 and you might realise you should have bought in earlier but I do agree that momentum will build over time.

My rating is ACCUMULATE on any untoward weakness.

[850man]

Bit of a dip today, trust you topped up Mr Beagle

[Beagle]

Bit of a dip today, trust you topped up Mr Beagle

Markets have had a huge run all around the world. I reckon this correction has more legs, may or may not affect OCA some more. Playing possum in the headlights at present.

[Waltzing]

Mr B has spoken, under the 1 please....

[Beagle]

To be fair mate I reckon OCA is great value at this level and I have heaps already...its just that if the markets keep correcting almost everything gets sold off, even stocks that are already very good value.