OCA - Oceania Group - retirement villages

[Food4Thought]

Lawstudent thanks for the link to the informative article.

I would like to see a global analysis on the desirability and realistic expectation that will happen to New Zealand. A result of immigration into New Zealand. There are some positives in the future that are not accounted for.

Once migration is through a few hurdles of people who have arrived in the last say 5 years their family members can be sponsored etc. Many variables to consider.

New Zealand as a retirement destination etc. Increased expectations by the ageing population. New norms.

[warren]

Wow close to 2 million shares in this small NZSX company sold dropping with a 2.....2.9 % return due in, roughly the next 6 weeks giving the big boys a 13% annual return. I cannot understand this as it defies logic. Anyone got a logical answer as I would very much like to learn more.
The price has nothing actually to do with my interest, rather its the remarkable numbers sold forgoing this profitable time period just ahead. Mr. Market is famous for being sane but!!!!!!

[Beagle]

Balance date is 31 May. They will report in late July. The dividend is unlikely to be paid before late August.
Your best guide to likely final dividend date is to extrapolate out 6 months from the interim dividend payment date which was on 20 February 2018.
I personally don't think a modest dividend due in late August has any effect on the SP now and is unlikely too until such time as the dividend is formally announced in late July.

[couta1]

Wow close to 2 million shares in this small NZSX company sold dropping with a 2.....2.9 % return due in, roughly the next 6 weeks giving the big boys a 13% annual return. I cannot understand this as it defies logic. Anyone got a logical answer as I would very much like to learn more.
The price has nothing actually to do with my interest, rather its the remarkable numbers sold forgoing this profitable time period just ahead. Mr. Market is famous for being sane but!!!!!!

I think you mearnt to say, Mr Market is famous for being insane, which it is.

[warren]

I think you mearnt to say, Mr Market is famous for being insane, which it is.

Yes Mr C I do agree------- but Ben Graham said it was nearly always accurate but, with ability and insightful research, it WAS just possible to find bargains!!!! M thanks chaps .

[winner69]

The way the property market has been performing of late the embedded value Oceania say they have is now heaps more than shown in the interim report.

Resales in H2 will pick this up in underlying earnings

Because of this and if the number of sales is a bit higher than expected (double whammy) that $50m odd underlying earnings will be smashed ...maybe by up to 10% more

And the share price collapses today ...just a blip ....be over $1.10 next week on way to $1.30 plus. The market still be roused from a period of uncertainty

[trader_jackson]

Mr Market offering a great deal on OCA shares right now, should one choose to accept it.
Because these low prices won't last long... surely

[winner69]

Mr Market offering a great deal on OCA shares right now, should one choose to accept it.
Because these low prices won't last long... surely

Can't be such a great deal and no big rush to take it up --- although today was a bit busy but that was probably instos playing games

The likes of you t_j are letting the team down ...why aren't you and your believers buying heaps more --- needs somebody to create the illusion of demand

[trader_jackson]

Can't be such a great deal and no big rush to take it up --- although today was a bit busy but that was probably instos playing games

The likes of you t_j are letting the team down ...why aren't you and your believers buying heaps more --- needs somebody to create the illusion of demand

Yes we need the illusion of demand because right now we have the illusion of people wanting to get out
Clearly those people selling today didn't know what they were buying/holding in the first place or something

[winner69]

Yes we need the illusion of demand because right now we have the illusion of people wanting to get out
Clearly those people selling today didn't know what they were buying/holding in the first place or something

Could be profit taking by a lot of those who bought at the IPO a year ago ....been patient but seen the price go nowhere since it got to a buck last July/August and have just given up ....But cashed in a decent 12 month return.

They may be the clever ones after all.