-
09-01-2019, 04:02 PM
#2651
Originally Posted by winner69
Jeez — that 180 is heaps more than I got
Those numbers plus resales would give total sales of 500 units....wow.
I’m feeling more confident now.
Originally Posted by Maverick
Anybody notice ARV is now near its all time peak. This is OCA`s closet cousin. Just happened to have an "underpinning" great report come out a month ago which OCA is also about to do in 2 weeks.
Hmmmm...talk like that makes me wonder if I have enough...already my #1 listed investment position.
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
-
09-01-2019, 04:03 PM
#2652
Originally Posted by Maverick
Anybody notice ARV is now near its all time peak. This is OCA`s closet cousin. Just happened to have an "underpinning" great report come out a month ago which OCA is also about to do in 2 weeks.
Still can’t believe ARV’s greatest supporter in t_j didn’t include ARV in the picking comp ...his master stroke was including OCA
”When investors are euphoric, they are incapable of recognising euphoria itself “
-
09-01-2019, 04:37 PM
#2653
I'm not at $100m underlying for FY19 YET but well worth noting that last year they made development profits of $21.1m on just 131 units and this year they have 272 so that alone on a linear basis suggest development profit will more than double this year. Add in slightly increased resales based on a 20% uplift last year in embedded value and I foresee about $75m underlying profit at this stage which is a profit rise of about ~ 50%, similar to last years stellar profit increase and gives about ~ 13 cps underlying profit.
Forward underlying PE is the cheapest I have ever seen for any stock in this sector at any stage including during the GFC. Looks extremely cheap to me especially cum a reasonable dividend next month.
Last edited by Beagle; 09-01-2019 at 04:39 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
-
09-01-2019, 04:42 PM
#2654
mentioned 1.04 might bring out the buyers looks to be the case also around the 38% - 50% level retracement from the high. needs to reclaim above 1.08 to maintain the uptrend from listing i reckon
Last edited by bull....; 09-01-2019 at 04:45 PM.
one step ahead of the herd
-
09-01-2019, 06:14 PM
#2655
Beagle ....I think we are talking different things ...like you mention 131 units for last year while I’m using 100 for last year
You talking units delivered and I’m talking units sold. You keep reminding me no gains until sold eh.
Maybe by estimate of 250 new unit sales is a bit outrageous but whatever it’s going to be a huge number, especially relative to last year.
Good to see share price up today ......probably go up again tomorrow as well
”When investors are euphoric, they are incapable of recognising euphoria itself “
-
09-01-2019, 07:44 PM
#2656
Originally Posted by winner69
Beagle ....I think we are talking different things ...like you mention 131 units for last year while I’m using 100 for last year
You talking units delivered and I’m talking units sold. You keep reminding me no gains until sold eh.
Maybe by estimate of 250 new unit sales is a bit outrageous but whatever it’s going to be a huge number, especially relative to last year.
Good to see share price up today ......probably go up again tomorrow as well
Roger that
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
-
10-01-2019, 09:12 AM
#2657
Originally Posted by bull....
fair value is what the market decides obviously not around these levels , breaking down thru uptrend from when first listed now and the 1.08 didnt provide much support. next pivot support is 1 dollar also a 50% retracement level. 1.04 before then?
further to my post 1.04 was a pivot buy area as well and now short term oscillators are triggering buys as well as short term m/a. longer term ones need to improve to get a really bullish outlook.
https://www.investsmart.com.au/share...thcare-limited
How much cash does OCA generate through its operations?
https://finance.yahoo.com/news/does-...024250685.html
simply wall st provides analysis , just another thing you can opinion over.
one step ahead of the herd
-
10-01-2019, 09:55 AM
#2658
Originally Posted by winner69
Beagle ....I think we are talking different things ...like you mention 131 units for last year while I’m using 100 for last year
You talking units delivered and I’m talking units sold. You keep reminding me no gains until sold eh.
Maybe by estimate of 250 new unit sales is a bit outrageous but whatever it’s going to be a huge number, especially relative to last year.
l
Thanks for the fact checking w69. Never know which beagle we are going to get on any given day.
-
10-01-2019, 10:16 AM
#2659
Originally Posted by Joshuatree
Thanks for the fact checking w69. Never know which beagle we are going to get on any given day.
No need for that sort of thing. We were simply coming from two different perspectives.
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
-
10-01-2019, 10:26 AM
#2660
Happy new Year everyone. Have just rejoined the OCA club again in the last couple of weeks. Average buy of $1.067c.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks