OCA - Oceania Group - retirement villages

[bull....]

Can you please not put up silly posts on a stock you have little understanding of.PS-Current price is seriously undervalued.

the market knows more than you couta and it says the price is too high

[Blue Skies]

At these bargain levels v happy to add more to my holding. From memory, only about 8 weeks away from interim dividend.

[couta1]

the market knows more than you couta and it says the price is too high

Actually in this case your wrong, the market doesn't know more than me.Lol

[percy]

the market knows more than you couta and it says the price is too high

Those who think the market always correctly prices a stock are many.
Those who realise the market often/usually misprices a stock, make a lot of money, thanks to them.

[bull....]

Actually in this case your wrong, the market doesn't know more than me.Lol

lets see what happens when they do the next placement , if the price goes up afterwards my theory is right

[couta1]

lets see what happens when they do the next placement , if the price goes up afterwards my theory is right

Of course the price will go up after the next placement but it will be at a higher price than the current SP which you say is too high.

[McGinty]

Actually in this case your wrong, the market doesn't know more than me.Lol

Reminds me of that old joke.....

Q: How do you know when a jet pilot enters the room?

A: He'll tell you

Hope you're not a pilot in your spare time there Couta

[couta1]

Reminds me of that old joke.....

Q: How do you know when a jet pilot enters the room?

A: He'll tell you

Hope you're not a pilot in your spare time there Couta

I kinda felt embarrassed about making that statement but sometimes you just have to be bold, especially when your dealing with a lot of bull.

[bull....]

I kinda felt embarrassed about making that statement but sometimes you just have to be bold, especially when your dealing with a lot of bull.

lol lack of oxygen from flying to high eh

[Bjauck]

Let's not get over the top here. The facts remain: NZ is not the only country where housing has become overly expensive - it's a world-wide condition, at least in the Western world ; Far from being a "landed aristocracy", more housing is still owner-occupied than rented.

True I should have said a landed aristocracy is in the process of being born.

One also needs to look at international comparisons in relation to the alternatives to home ownership (how attractive is renting as an alternative and what other equally as attractive alternative investment opportunities exist)

Home ownership is dropping in NZ and in Auckland may already have dropped to below 50% of households. Also not all owner-occupiers without additional investment property can help the next generation into home ownership either.

It would benefit OCA in the long term for home ownership to remain as widespread as possible so that the potential market for their villages remains is maximised.