OCA - Oceania Group - retirement villages

[see weed]

Well I'm in with a grin. Feeling a lot more diversified by about 100% now, you all convinced me.

[Beagle]

Thanks Beagle. Great research.

No worries. Tried to buy some more a minute or three ago at $1.19 and the offer disappeared and now it seems every man and his dog has decided to follow the beagle.
Got heaps but I want more because Maverick reckons you can't have too many And I reckon with that comment he's hit the nail directly on the head !

[longy]

No worries. Tried to buy some more a minute or three ago at $1.19 and the offer disappeared and now it seems every man and his dog has decided to follow the beagle.
Got heaps but I want more because Maverick reckons you can't have too many And I reckon with that comment he's hit the nail directly on the head !

I got my first parcel of OCA today @ $1.17. It seems quite a stable stock (unlike A2 lol... but it is still my biggest holding in my portfolio). I also have Sum too and thought about off load some of it and collect more of OCA instead.

[longy]

Well now, I presume you are referring to the tricky times in which we live (the last 10 days and the next 10)? I can't answer your question except to say 4 things

1. My experience with OCA and my own family member at the end of his life and the top quality OCA care unit he enjoyed for a short time, led me to form a very high opinion.

2. The quality of leadership at OCA ,who have backed themselves with very big investments, impresses.

3. The hammering by Mr Market of over priced stocks (especially where leaders have, unbelievably, dumped big shareholdings recently) is not so likely here for reasons Beagle so rightly states.

4. At $1.20 or so I remain exceptionally pleased re risk!! A milk company (that I never understood) at $14, well, that's quite a different story

Thanks Warren for sharing. I am looking for something a bit more steady and stable in invest in. The volatility of A2 has given me quite a few grumpy days and nights

[couta1]

Thanks Warren for sharing. I am looking for something a bit more steady and stable in invest in. The volatility of A2 has given me quite a few grumpy days and nights

I know the feeling re A2. For those trying to decide which is the best retirement stock to invest in on a return basis, which company should double in value over the next couple of years or so? Count RYM and SUM out, TJ might also add ARV but I couldn't possibly comment on that.

[Beagle]

Average National Resale prices of units in OCA - correction.
Care suites $239K
Villas $381K
Apartments $509K.
(Source Results presentation that accompanies the annual result).
I presume the apartments are mainly in Auckland.

As you can see its the affordability and mainly being needs based that makes OCA more defensive.
Welcome aboard to new shareholders today. Weekend reading for you :- Results presentation http://nzx-prod-s7fsd7f98s.s3-websit...282/283328.pdf
Annual Report http://nzx-prod-s7fsd7f98s.s3-websit...283/283324.pdf

I topped up with more yesterday and today.

[Rot4ry]

OCA has strong reoccurring revenue streams via the care suites sold under the ORA contract structure. There is a coming "Grey Tsunami" and significant barriers to entry for competitiors. I believe that having a focus on integrated care and dementia care (and not just property sales) provides OCA a strong point of difference with guaranteed revenue streams year after year. This point of difference and strong cash flows will become clear to the market in the years to come as the care suits gain popularity. This stock is definitely a buy and hold. At $1.20 it is very cheap. I attach a link to an short article that supports my view. https://www.armillary.co.nz/wp-conte...nity-Final.pdf

[Beagle]

OCA has strong reoccurring revenue streams via the care suites sold under the ORA contract structure. There is a coming "Grey Tsunami" and significant barriers to entry for competitiors. I believe that having a focus on integrated care and dementia care (and not just property sales) provides OCA a strong point of difference with guaranteed revenue streams year after year. This point of difference and strong cash flows will become clear to the market in the years to come as the care suits gain popularity. This stock is definitely a buy and hold. At $1.20 it is very cheap. I attach a link to an short article that supports my view. https://www.armillary.co.nz/wp-conte...nity-Final.pdf

Welcome to the forum, an excellent first post.

[Rot4ry]

Thanks.....I am a "Long time listener, first time caller"

[Maverick]

Welcome to the forum, an excellent first post.

Bit of Beagle love here... I must say Mr Beagle that I really admire how welcoming you are to new guys.

Welcome to the forum RotAry.Thanks for the link. I've actually just started to focus specifically on just how the carebed side figures work out against the standard villa which we are all familiar with. This obviously will be the great strength (or not) for OCA.