Knowledgeable posters Beagle and Baraccuta et al,
anything in the tax review working group suggestions that interests/effects our Company (OCA) ?
occupation rights for a resident in a retirement village is classified as personal property in the tax report , meaning it is except from CGT ( funny a cause you dont get the capital gain anyway lol ) but on the other side if this becomes law look for retirement villages to start offering you the excluded capital gain eg cambridge oaks already do this and they will have a competitive advantage over the nzx listed retirement operators who if they end up following suit will end up taking a profit hit in there results.
Depreciation reinstatement on commercial property might help retirement village stocks and REIT's.
Time will tell and I'm not going to invest huge amounts of time in reading the tax working groups endless pontifications if the Government is only going to implement part of it.
Remember none of this will get implemented anyway when Cindy's Kindy are severely handicapped by what Winston might agree too and eventually lose at the next election anyway. My sense is this is all just a big fiasco with a limited lifespan.
Last edited by Beagle; 21-02-2019 at 09:08 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
[snip] Remember none of this will get implemented anyway when Cindy's Kindy are severely handicapped by what Winston might agree too and eventually lose at the next election anyway. My sense is this is all just a big fiasco with a limited lifespan.
Even Cullen, the Finance Minister for many years, never mentioned CGT until now when he's sucking the hind tit on some glorious 'review' and goes so far as to say on its launch (abridged and paraphrased) the good [socialist] ideologies are not always politically achievable without shafting the incumbent government.
Many thanks Beagle et al for clear views. I feel certain that the future is good (indeed what government would upset this area involving aged care where the alternative could be ?????).
But governments must review polices hence my interest. Jobs reviewed Apple's 60 products lines into 4 and Apple became the richest Company on Earth and Mrs Jobs the 4th richest lady on Earth today!!!!(Come on Liz)
I can see tight cost control being vital but not always easy in a quality care based delivery but Liz and the outstanding team at OCA have my vote of confidence and as Beagle says the economic model is breathtaking actually.
$1.08 what a bargain . So much growth AND 4.34% return!
Fair enough!! But it gives me a chance of more stock and ownership of a company that has 1.2 billion assets , Very profitable already, extremely well led and already paying PE 4.43%. And has the most cash rich outfit in NZ as an unwavering long tern client. You could try the bank at 3.7% approx. Mr Bull as it would be unchanging.
Fair enough!! But it gives me a chance of more stock and ownership of a company that has 1.2 billion assets ......... And has the most cash rich outfit in NZ as an unwavering long term customer .....
Metlife has 3.4 billion assets .......And has the most cash rich outfit in NZ as an unwavering long term customer
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Fair enough!! But it gives me a chance of more stock and ownership of a company that has 1.2 billion assets , Very profitable already, extremely well led and already paying PE 4.43%. And has the most cash rich outfit in NZ as an unwavering long tern client. You could try the bank at 3.7% approx. Mr Bull as it would be unchanging.
they make most of there money from property development not from long terd clients
Reply With Quote
Originally Posted by warren
Bookmarks