How much of the pessimistic sentiment based on falling real estate values, in Aust & predicted to follow here, seems misplaced?
While Auckland house prices only slipped .09% over the summer, values in some of the regions going gang busters, e.g. Hawkes Bay up over 10% (OCA has 8 sites in H'Bay. 7 sites in Tasman/Nelson, 11 in Coromandel Waikato, Wellington, Canterbury etc )
With it's regional spread, overall value of OCA real estate assets likely to still be increasing rather than sliding.
How much of the pessimistic sentiment based on falling real estate values, in Aust & predicted to follow here, seems misplaced?
While Auckland house prices only slipped .09% over the summer, values in some of the regions going gang busters, e.g. Hawkes Bay up over 10% (OCA has 8 sites in H'Bay. 7 sites in Tasman/Nelson, 11 in Coromandel Waikato, Wellington, Canterbury etc )
With it's regional spread, overall value of OCA real estate assets likely to still be increasing rather than sliding.
Great post and very well said !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
If they print any of their analysis out on paper and send it to me I hope its on toilet paper so I have some use for it.
I won't mince words here, I honestly think their analysis is complete garbage.
Come on Beagle, sell all your OCA like I did last week and join us over here at ATM. We are having a ball. We can always get back to OCA when ATM parties over.
Come on Beagle, sell all your OCA like I did last week and join us over here at ATM. We are having a ball. We can always get back to OCA when ATM parties over.
Come on Beagle, sell all your OCA like I did last week and join us over here at ATM. We are having a ball. We can always get back to OCA when ATM parties over.
When the current ATM party is over the ballroom will be turned into trash palace.
Beagle don't like masquerading as the shoe shine boy being last to buy on a run that's already almost done. I think in the late $13's ATM is a very high risk place for anyone to invest fresh capital. Synlait is the home for new money in that sector in the late $9's in my opinion.
No way selling OCA at $1.06 and paying top dollar for ATM makes any sense to me.
Last edited by Beagle; 13-02-2019 at 12:45 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by couta1
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. We can always get back to OCA when ATM parties over
.
. You can join us to couta1, plenty of time before it hits $14
.
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