OCA - Oceania Group - retirement villages

[Curly]

Accountants are trained to be conservative and can paint a worst case outcome. Beagle has pumped OCA while being a significant holder of shares. As soon as he off loads he down ramps the stock. Nothing has changed with forward prospects of OCA. The market is down on all health care stocks, no different with RYM and SUM. Forsyth Barr forecast $1.70, Market Screener’s 4 analyst, 3 have OCA as a buy and 1 as out perform.
Target price $1.57. No one has any beef with anyone making a buck selling into the trends but predicting gloom and doom as soon as one sells is a bit pointed. Call for what it is. Greg did.

[Habits]

Accountants are trained to be conservative and can paint a worst case outcome. Beagle has pumped OCA while being a significant holder of shares. As soon as he off loads he down ramps the stock. Nothing has changed with forward prospects of OCA. The market is down on all health care stocks, no different with RYM and SUM. Forsyth Barr forecast $1.70, Market Screener’s 4 analyst, 3 have OCA as a buy and 1 as out perform.
Target price $1.57. No one has any beef with anyone making a buck selling into the trends but predicting gloom and doom as soon as one sells is a bit pointed. Call for what it is. Greg did.

If you now say the advice is wrong or misleading why didn't you say so at the time and clarify it for others. I do hate when people try and shift blame

[Greekwatchdog]

Balance, how long has ATM been on the sharemarket? Years remember when it was a penny stock? Sold 3 quarters of my holding @ $16.50 back in Sept 2019 I think. The rest aren't for sale. I can't lose whatever happens and I will back the management team to sort the issues as they are fixable as long as they look at the 'Root Cause" Back to OCA.

[winner69]

Oceania being past the point of inflection must be good when looking at future prospects.

Put this weeks sentiment aside and once cap raise over and done with and Brent announces a good full year result in May the share price will be $1.60 odd and we will say what was all the bother about.

[Balance]

Balance, how long has ATM been on the sharemarket? Years remember when it was a penny stock? Sold 3 quarters of my holding @ $16.50 back in Sept 2019 I think. The rest aren't for sale. I can't lose whatever happens and I will back the management team to sort the issues as they are fixable as long as they look at the 'Root Cause" Back to OCA.

One way of looking at things and good on you for taking such an approach as long as it works for you.

I went negative on ATM and started warning about further downgrades after the first downgrade - so it is difficult to reconcile your assertion that the B team has added no value to views on ATM.

Sp has halved and many an investor have saved heaps by selling or avoiding the stock.

[Beagle]

OCA has doubled since May last year off the back of rampant house price increases. This weeks tax bomb is a real game changer for investors, you either get that or you don't.

[Greekwatchdog]

Its worked enuf said and I still work and give 100% everyday. Charitable Trust set up too help those less fortunate so when it comes time to retire and travel its not wasted.
Yes you guys have nagged it down rightly/wrongly. Its investing up to individual to decide on there approach. Enjoy your Sunday Balance. Cricket and Soccer on and some study to be done. Good Luck to you all.

[Beagle]

Its worked enuf said and I still work and give 100% everyday. Charitable Trust set up too help those less fortunate so when it comes time to retire and travel its not wasted.
Yes you guys have nagged it down rightly/wrongly. Its investing up to individual to decide on there approach. Enjoy your Sunday Balance. Cricket and Soccer on and some study to be done. Good Luck to you all.

Nobody has "nagged it down", the Govt didn't just shift the goal posts they collapsed them on top of residential investors. If this doesn't do the job they will use a different sledgehammer to stop house prices growing. Once you let the rampant socialist Genie out of the bottle its not going back in until the job is well and truly done. This has implications for OCA's ability to try and grow earnings in the years ahead of a similar magnitude in my opinion to the huge caregiver wage settlement several years ago which has resulted in rampant wage cost inflation eating up all of OCA's increased revenue and then some.

The tide has turned and is starting to go out. OCA may be able to make some headway in terms of eps growth, (none so far since listing) but I think it will be materially less than what would have been the case otherwise. I have been able to adjust my position easily and quickly, the effects of property investors adjusting their position are likely to be felt for many years in my opinion.

Think about it. With this radical change to interest deductibility, the brightline extension to 10 years, inability to claim depreciation, close scrutiny by the IRD on major repairs and maintenance, tenancy act changes and new regulations regarding insulation, have I forgotten anything ?...oh yes, major new initiatives for Govt housing and a projected oversupply of new home builds in the years ahead almost certainly kneecapping much prospect of capital gains why would anyone in their right mind now choose a new path of becoming a landlord ?
You think tens and tens of thousands of landlords might want to quit the game seeing as the rules are now so heavily stacked against them ?

The laws of supply and demand are going to play out here as sure as night follows day, in my opinion.

[Habits]

OCA has doubled since May last year off the back of rampant house price increases. This weeks tax bomb is a real game changer for investors, you either get that or you don't.

Low of 38 cents so sp more than tripled which surely cannot be all attributed to house price HPI gain of 25ish percent. How many swallowed last years hype and rhetoric coming from the beehive podium which is why I am strong on self responsibility of ones decisions. It must have been quite a few that did swallow the govts forecast death and sickness stats judging by the comments made by curly and gwd's nativity and sh!t throwing

[Beagle]

Low of 38 cents so sp more than tripled which surely cannot be all attributed to house price HPI gain of 25ish percent. How many swallowed last years hype and rhetoric coming from the beehive podium which is why I am strong on self responsibility of ones decisions. It must have been quite a few that did swallow the govts forecast death and sickness stats judging by the comments made by curly and gwd's nativity and sh!t throwing

People start losing money and many look for someone else to blame. Its one of the most ugly aspects of human nature. Unfortunately it doesn't take much intelligence to throw stones.

I doubt many were quick enough to get in under 60 cents, to those that were, well done to you !!