OCA - Oceania Group - retirement villages

[Beagle]

Strong tailwinds for the whole sector mate. Everyone's going to be a winner in this sector

Nice work Josh, you have a lovely relaxed presenting style. Keep up your good work. https://www.youtube.com/watch?v=3HCiYdQF0oQ

[Joh13]

It does look promising for the future, my own crude FY21 estimate is $52M UNPAT (8.3cps) which would suggest further potential SP appreciation to $1.66 come the FY21 results.

I also projected out using UBSs forecast up to FY26 on the basis of a PE 18-20 and assuming no hiccups along the way (which there most likely will be, but hopefully not significant) and at a current share issue of 626,400,000... obviously there will be further shares issued so this is just an approximation.

With the PE moving in the right direction these SP's will look even rosier.

2022FY Estimate UBS $64M UNPAT (626,400,000 shares)
10.2c EPS x 18 & 20 PE
$1.84 - $2.04


2023FY Estimate UBS is $76M UNPAT
12.1c EPS x 18 & 20 PE
$2.18 - $2.42


2024FY Estimate UBS $93M UNPAT
14.8c EPS x 18 & 20
$2.67 - $2.96


2025FY Estimate UBS $110M UNPAT
17.5c EPS x 18 & 20
$3.16 - 3.51


2026FY Est UBS $126MUNPAT
20.2c EPS x 18 & 20
$3.63 - $4.04

[Beagle]

Yeap...but if you get that sort of eps growth year on year on year on year I doubt very much whether the PE will stay in the 18-20 range.
Market tends to fall in love with stocks that can show consistent ~ 15% eps growth so something growing eps at an average CAGR of ~ 18% over several years could easily end up with a PE in the late 20's like SUM and RYM.

[The Punter]

[QUOTE=Beagle;869678]Strong tailwinds for the whole sector mate. Everyone's going to be a winner in this sector

/QUOTE]
Even PIL ?

[justakiwi]

Can someone please tell me if OCA offers DRP?

[McPussPuss]

Affirmative

[777]

Can someone please tell me if OCA offers DRP?

Oceania Healthcare Chair Liz Coutts advised the Board declared an interim
dividend of 1.3 cents per share (unimputed). The record date is 10 February
2021 and payment date 24 February 2021. The Dividend Reinvestment Plan (DRP)
will apply to the dividend payable on 24 February at a discount of 2.5% to
the volume weighted average price of shares sold on the NZX Main Board over
the period of the five trading days starting 9 February 2021.

[Baa_Baa]

Can someone please tell me if OCA offers DRP?

Yes they do

[justakiwi]

Thanks people!

[Beagle]

Another new all time high, very nice. I am expecting underlying profit for the ten months of FY21 of $45m-$50m, (annualised $54m - $60m).