OCA - Oceania Group - retirement villages

[Lawstudent]

Hi Beagle,

Just saw this, this morning. I take it as a good thing when Directors are doubling down so to speak? Better than selling off?

[Joshuatree]

Great time to sell as well when there are plenty of buyers. Im holding not buying or selling.

[Beagle]

Hi Beagle,

Just saw this, this morning. I take it as a good thing when Directors are doubling down so to speak? Better than selling off?

Almost always a good thing to follow insiders as they're the ones best positioned to know how the company has been trading since balance date and what the prospects are for the foreseeable future. This is a very strong indication because you have multiple directors buying in reasonable volume.

[Lawstudent]

Thanks for the reply Beagle.

One last question and it may sound stupid but I am unsure. Are the directors buying shares off the market, i.e. from you and me who have decided to sell. Or are they buying directly off the company therefore expanding the total amount of shares or reissuing more?

[Beagle]

Thanks for the reply Beagle.

One last question and it may sound stupid but I am unsure. Are the directors buying shares off the market, i.e. from you and me who have decided to sell. Or are they buying directly off the company therefore expanding the total amount of shares or reissuing more?

Buying on market. Click on the PDF's I provided a link for in post #431 to see quantities and work out what they paid per share.
Directors obviously think buying at this level is a great idea and they'd have a better idea than you, me or to be frank, probably anyone else.
If you follow the smart insider money you'll generally do very well over the long run mate.
Look at it this way, if you were selling on market at this level you'd be saying that you know better than multiple directors...and that would be a very "brave" call.

[Lawstudent]

Well put.

Cheers

[Lawstudent]

With the price 1.03 hopefully we have crossed the Rubicon of $1 at end of day.

[trader_jackson]

With the price 1.03 hopefully we have crossed the Rubicon of $1 at end of day.

And you'd like to think if it can hit $1.05 (which it has), it can stay above $1 mark!

Exciting times for holders

(but could do an ARV and provide healthy gains, then stall for the next 5 or so months)

[Beagle]

And you'd like to think if it can hit $1.05 (which it has), it can stay above $1 mark!

Exciting times for holders

(but could do an ARV and provide healthy gains, then stall for the next 5 or so months)

I think we'd all be happy to see it track up to ARV's price of ~ $1.28 and indeed I expect that will happen over the next year or so.

Speaking of AR things...in a brief quiet moment this morning when ARG and OCA were both $1.03 I got to pondering as one does from time to time, (seeing as I have a stake in both and they're ostensibly property investment companies), the former yielding about 5.9% PIE fund so a slightly better yield...which has a higher price a year from now, five years from now and ten years from now... (this is rhetorical question for anyone wondering).

Reminder to silly beagle self, must keep an eye on growth and less focus on yield

[winner69]

Mr Taleb's dentist said don't look at stock prices to often ...only causes too many painful frustrating moments

OCA gone up 6% plus in each of the last 2 weeks. Two very pleasurable moments for those who only check prices on Saturday morning

Awesome - 2 weeks in a row of 6% plus gains for OCA - awesome

Check back next Saturday - another 6% week coming up