OCA - Oceania Group - retirement villages

[dompf]

Shouldn't said that less than a month ago

Hope $1.40 holds

Slipping back a lot from last month from almost ATH - market consensus still has this @buy 1.68$ average on 4 ratings per market screener. But you wouldnt think that watching SP action over the last month slip back.

[davflaws]

Slipping back a lot from last month from almost ATH - market consensus still has this @buy 1.68$ average on 4 ratings per market screener. But you wouldnt think that watching SP action over the last month slip back.

I am consoling myself with the hope that the current depression in the SP is caused by Mark Stockton's big parcel hanging about. I don't have the knowledge or skills to research that. I hope someone else does.

[daveypnz]

Just above both the 100 & 200 day moving average, I'm in.

[bottomfeeder]

I am consoling myself with the hope that the current depression in the SP is caused by Mark Stockton's big parcel hanging about. I don't have the knowledge or skills to research that. I hope someone else does.

Have to be, hurry up mark put them all on. Maybe his move is doing what they want, bring the price down when the exec sells his shares.

[winner69]

Just above both the 100 & 200 day moving average, I'm in.

Hopefully they bounce off both

Not good if they don’t the TA people would say

[Maverick]

I am consoling myself with the hope that the current depression in the SP is caused by Mark Stockton's big parcel hanging about. I don't have the knowledge or skills to research that. I hope someone else does.

I guess DavF that's what we are all wondering.
I'm not sure if he has to even notify the NZSX of holding shifts anymore now he's left his position and not a substantial holder.

The biggest short term threat to the whole sector right now has shifted to now be a combo of Covid and construction costs and supplies. These issues should affect all the players equally.

So looking at others, let's just check how they are faring from their recent months of SP highs (or in RYM case , new base level.)
RYM +2.2%
SUM -2.3%
ARV -2.8%
OCA -6.5%

Looking at the tiny buy parcels lined up it seems to me someone/s has placed a big sell order off market with the brokers soaking up the buyers before they get to our public market. Then they are all periodically processed in off market lump sums, usually in the later afternoon just as it is doing today. Just looks like the buyers aren't making it to market to me creating a buyers imbalance.

So logically for me , yes, Mark is highly likely to be continuing the pattern of selling as he has already started, (Earl hasn't to my knowledge but , as with Mark, I don't even know if he has to notify the nzsx anymore).

OCA is currently the SP biggest loser and I don't see any logical reason why it should stay in the dog box once the selling has been satisfied.

[winner69]

Mav … Some companies say officers etc who leave have to disclose buys/sells up to six months after leaving.

Maybe a NZX requirement as well

[Beagle]

I guess DavF that's what we are all wondering.
I'm not sure if he has to even notify the NZSX of holding shifts anymore now he's left his position and not a substantial holder.

The biggest short term threat to the whole sector right now has shifted to now be a combo of Covid and construction costs and supplies. These issues should affect all the players equally.

So looking at others, let's just check how they are faring from their recent months of SP highs (or in RYM case , new base level.)
RYM +2.2%
SUM -2.3%
ARV -2.8%
OCA -6.5%

Looking at the tiny buy parcels lined up it seems to me someone/s has placed a big sell order off market with the brokers soaking up the buyers before they get to our public market. Then they are all periodically processed in off market lump sums, usually in the later afternoon just as it is doing today. Just looks like the buyers aren't making it to market to me creating a buyers imbalance.

So logically for me , yes, Mark is highly likely to be continuing the pattern of selling as he has already started, (Earl hasn't to my knowledge but , as with Mark, I don't even know if he has to notify the nzsx anymore).

OCA is currently the SP biggest loser and I don't see any logical reason why it should stay in the dog box once the selling has been satisfied.

I believe OCA use fixed price construction contracts with well respected external parties so I would think they are least affected by the rising costs of raw materials.
To me, the biggest apparent risk is that OCA do not price their units appropriately. We are in a VERY VERY serious housing crisis and OCA management should have the upmost confidence that what they are suppling is for filling a GREAT NEED.

I think OCA need to take a much more "commercial" approach to pricing their units that fully encapsulates the real value of what they are supplying being ever mindful that those selling their homes are getting record prices for them and are therefore extremely well positioned to pay a proper price for their new unit.

[winner69]

Fixed price construction contracts often lead to the demise of the contractor …..esp in times of fast rising costs

Maybe Oceania are showing some leniency in this regard

[Beau]

NZX you must disclose the fact within 5 trading days and required for six months after a person ceases to be a director or officer.