OCA - Oceania Group - retirement villages

**percy** · 30-07-2018, 10:18 AM

Originally Posted by RTM

Thanks Percy. Looking at the yield reminds me why I like Oceania so much. Love getting a decent dividend yield along with a reasonable chance of growth of my capital.
Sums up why many of us bet on the share market rather than having our money in a bank.

Yes their yield is the highest,and I think there is an added margin of safety for us, buying the share at a modest premium, of only 1.1 times NAV/NTA.
This result proves to me they will be re-rated upwards by the market at some stage.
As we never intend to sell, we can wait for that to happen.!

**RupertBear** · 30-07-2018, 10:44 AM

Originally Posted by winner69

Change your profile .....”One awesome bear” is better and more representive than “Senior Member”

I would if I could Winner...havnt figured out how to yet!

**winner69** · 30-07-2018, 11:08 AM

Originally Posted by RupertBear

I would if I could Winner...havnt figured out how to yet!

Give it a go

Go to Settings at top of screen where you log on

On left under My Settings is Edit Profile ......click on that

Second box down is Custom User Title and you will find a space to type in ‘One Awesome Bear’

Down a bit and there is a SAVE CHANGES button and hopefully all done

**RupertBear** · 30-07-2018, 11:15 AM

Originally Posted by winner69

Give it a go

Go to Settings at top of screen where you log on

On left under My Settings is Edit Profile ......click on that

Second box down is Custom User Title and you will find a space to type in ‘One Awesome Bear’

Down a bit and there is a SAVE CHANGES button and hopefully all done

Cool thank you Awesome Cat. I think I am now an Awesome Bear!

Not sure I am anywhere near being Awesome yet but Senior Member didnt float my boat....although I do miss RupertBear...so he may come back in some form...

**RupertBear** · 30-07-2018, 11:16 AM

Nope it appears I am still RupertBear...will keep trying

**winner69** · 30-07-2018, 11:18 AM

Originally Posted by RupertBear

Nope it appears I am still RupertBear...will keep trying

You still will be RupertBear

What should change is the bit under your name from Senior Member to One Awesome Bear

**RupertBear** · 30-07-2018, 11:21 AM

Originally Posted by winner69

You still will be RupertBear

What should change is the bit under your name from Senior Member to One Awesome Bear

Duh thanks winner

**warren** · 30-07-2018, 02:06 PM

Originally Posted by BobbyMorocco

Yes, I'm not doubting they will all suffer if we have a similar scenario play out in the future, but my view is that OCA will suffer less. OCA's aged care is not so much about "Hey let's sell our house, move into a unit that's cheaper, and retire in a nice little village." It's more about "Hey Mum is sick, she needs care. Let's find her a place where they'll take care of her." This side of OCA's business is needs based and is somewhat defensive IMO.

Hello Bobby. The outline you paint above was my family's exact predicament except we had already tried a care village and as Dad got worse and needed Hospital care we looked around (we were desperate but not penniless) and moved him to OCA. It was the best thing we ever did .We purchased a care suit--- he had his own "apartment", his favorite things around, yet full hospital care. OCA ran entertainment and had music and talks and the professional nursing staff wore their insignia and rank and name --there was zero of that at the previous care facility.

My first rate impressions of OCA thus gained led to a large investment and so far I have every confidence, in good times ahead and bad, in OCA Management and their ability to both run a classy, human, caring business AND grow it.