OCA - Oceania Group - retirement villages

**trader_jackson** · 11-09-2017, 09:33 AM

2,668 probably means another 34 or 35 or Oceania's Care Suites, maybe more, renowned for their quality of care services.
No doubt a premium price was paid to secure this premium site, and no doubt they will be sold at a large premium.

Nice to hear they are well on track

Also nice to hear “We told our shareholders at the time of the IPO that we would make further brownfield and greenfield acquisitions as opportunities arose, and this purchase in Mt Eden is a great example of the execution of this strategy..." sounds to me like they have another one lined up...

**dobby41** · 11-09-2017, 09:33 AM

Originally Posted by King1212

That is what Labour good at...keep borrowing n spending...

That's why, at the start of Nationals 9 years, we had the lowest debt ever and now we have the highest.
Hangon - that would mean National borrow and spend but Labour was careful. I suppose that doesn't speak to your bias.

**trader_jackson** · 11-09-2017, 09:39 AM

Originally Posted by dobby41

That's why, at the start of Nationals 9 years, we had the lowest debt ever and now we have the highest.
Hangon - that would mean National borrow and spend but Labour was careful. I suppose that doesn't speak to your bias.

Guys lets not get to political... sometimes things change

(although it would be great if you could explain what "highest" means, highest relative to when? to prior to GFC? highest relatively to GDP, maybe it was higher due to the GFC and earthquakes? maybe labour today have plans for slower debt reduction target than national? maybe its not a bad thing to borrow with low interest rates?)

**winner69** · 11-09-2017, 09:44 AM

Originally Posted by dobby41

That's why, at the start of Nationals 9 years, we had the lowest debt ever and huge forecasted budget deficits and now we have the highest.
Hangon - that would mean National borrow and spend but Labour was careful. I suppose that doesn't speak to your bias.

Just added a bit in red dobby

**t.rexjr** · 11-09-2017, 10:52 AM

Originally Posted by winner69

Just added a bit in red dobby

Yes indeed. Inherited, not created...

**Hoop** · 11-09-2017, 10:53 AM

Maybe slightly more benefit to the SUM thread, however I would assume it would be relevent to all NZ businesses including retirement villages OCA included...

Rob Campbell interview on the possiblity of a Labour led Government (8 minute video)...A well balanced view by one of our top business leaders....

**Bjauck** · 11-09-2017, 11:14 AM

Originally Posted by Hoop

Maybe slightly more benefit to the SUM thread, however I would assume it would be relevent to all NZ businesses including retirement villages OCA included...

Rob Campbell interview on the possiblity of a Labour led Government (8 minute video)...A well balanced view by one of our top business leaders....

A pragmatic view. I regard both National and Labour as centrist, with policies that see a slight variation on the arrangement of the tax deckchairs whilst both remain firmly on the vessel in a sea of icebergs.

**percy** · 11-09-2017, 11:46 AM

Originally Posted by Bjauck

A pragmatic view. I regard both National and Labour as centrist, with policies that see a slight variation on the arrangement of the tax deckchairs whilst both remain firmly on the vessel in a sea of icebergs.

Agree.
Stable governments under Helen Clarlk,John Key/Bill English have served NZ well.
They certainly have avoided a sea of icebergs.