OCA - Oceania Group - retirement villages

[trader_jackson]

I'm not fussed with Forbar's FY19 eps guess.

Forsyth says OCA only worth $1.13 in the next 12 months, that's better than $1.07 they had 2 days ago. They still say EPS is going down next year (from 8.5 to 7.9).
No worries - like their ARV valuation, they are waay wrong.
$1.13 is quite a bit different to $1.22 from - they clearly don't care about a block trade(s) from the elephant in the room.

[Beagle]

Forsyth says OCA only worth $1.13 in the next 12 months, that's better than $1.07 they had 2 days ago. They still say EPS is going down next year (from 8.5 to 7.9).
No worries - like their ARV valuation, they are waay wrong.
$1.13 is quite a bit different to $1.22 from - they clearly don't care about a block trade(s) from the elephant in the room.

LOL... Development margin as just one matter on units delivered was $22.1m last year and delivery of units is projected to double in FY19. The caliber of their research is "truly remarkable" Have they even noticed that quite apart from that the embedded value per existing unit is up quite dramatically meaning future re-sales will generate significantly more profit on top of the increased (perhaps doubled) development profit ?
I feel very sorry for people relying on their analysis and paying "full service" brokerage rates.

[stoploss]

LOL... Development margin as just one matter on units delivered was $22.1m last year and delivery of units is projected to double in FY19. The caliber of their research is "truly remarkable" Have they even noticed that quite apart from that the embedded value per existing unit is up quite dramatically meaning future re-sales will generate significantly more profit on top of the increased (perhaps doubled) development profit ?
I feel very sorry for people relying on their analysis and paying "full service" brokerage rates.

Beagle maybe a change of career ? I hear investment banking pays better than accounting
https://www.google.co.nz/amp/amp.tim...e-dimon-salary

[Valiant]

Weekly stock comment from Craigs;
https://craigsip.com/insights/overview/stock-comment-2018/07/oceania-healthcare

[winner69]

OCA at 113 is on a PE ratio of 8.9 (NPAT)

SUM at 780 is on a PE of 7.5

For those who think that OCA is really cheap relative to SUM think about what the above ratios are really telling you.

[trader_jackson]

OCA at 113 is on a PE ratio of 8.9 (NPAT)

SUM at 780 is on a PE of 7.5

For those who think that OCA is really cheap relative to SUM think about what the above ratios are really telling you.

Whats the book values and underlying PE like? That's the real stuff in the retirement village industry to look at apparently.

[freddagg]

PS. It looks like the sought of change you would make to present the accounts in best light for the majority shareholder to sell and maximise their sales price, IMHO.! GLAH

What !!! You cant say that. I had to wash my mouth out with soap for speaking that sort of rubbish.

[Joshuatree]

Hope you got a soapy selfie fredd. One needs to be a cynic in this business when it comes to the smell of money by big players, jg8512's comment is appropriate and topical imo .

[RupertBear]

Interesting isn't it the way different folk work. I had an order in at 109 and have reduced it to 105 to double my stake. Just in case the overhang comes into play. So...basically happy with what I have....but if a bargain comes along..... will have some.
Good luck to all.

I think it is safe to say you have a much more mature approach to investing than me. I would like to be more like you. While I am much less impulsive than I was I still get sucked into my own little FOMO world. I suspect my holdings are a lot less than most peoples on here so a few cents either way doesnt make a huge $ difference to me and I plan to hold them long term. Cheers

[couta1]

I think it is safe to say you have a much more mature approach to investing than me. I would like to be more like you. While I am much less impulsive than I was I still get sucked into my own little FOMO world. I suspect my holdings are a lot less than most peoples on here so a few cents either way doesnt make a huge $ difference to me and I plan to hold them long term. Cheers

FOMO can be modified by the fear of being trampled on by an XXXOS sized Elephant coming your way soon. PS-My holding was reduced yesterday morning in anticipation of that.