OCA - Oceania Group - retirement villages

[thegreatestben]

I phrased my post intentionally subjective to see how others reacted.
Does anyone else listen to Modest Mouse? Their album "Good News for People Who Love Bad News" describes a few posters here on the OCA thread

[ValueNZ]

I phrased my post intentionally subjective to see how others reacted.
Does anyone else listen to Modest Mouse? Their album "Good News for People Who Love Bad News" describes a few posters here on the OCA thread

More of a TOOL man myself. I was surprised to learn the other day that NZ is their biggest selling market per capita.

[SailorRob]

https://www.interest.co.nz/property/...-buyers-favour

[SailorRob]

It’s good that Oceania Retained Deficit’ (accumulative losses); >$200m in 2017 have reduced to about $37m as at Sept last.

Might even wipe that out next week ….then they call that line on Balance Sheet “Retained Earnings”

You don't retain earnings Sport, when other people are happy to cheaply finance your business and thus your cash flows without the ability to call capital back.

You may recall Warren explaining to us that there are many businesses out there, some very large, that can operate with no equity capital at all.

[winner69]

You don't retain earnings Sport, when other people are happy to cheaply finance your business and thus your cash flows without the ability to call capital back.

You may recall Warren explaining to us that there are many businesses out there, some very large, that can operate with no equity capital at all.

Think I get what you’re meaning mate ……but Oceania have retained about $200m of earnings since listing as well as borrowing about $150m to give dividends to shareholders

[Ggcc]

https://www.interest.co.nz/property/...-buyers-favour

I currently have one of my houses for sale and will only sell at a small discount (lower than what I bought it for in 2021). I am happy to wait until house prices start rising as soon as interest rates start dropping and I totally feel they will start dropping by the end of the year. I have met people who say the same who are selling their properties.

2025 we will see house prices take off again and I feel all the retirement village stocks will as well.

[Habits]

https://www.interest.co.nz/property/...-buyers-favour

Maybe they could use your advice. You could also visit 'the other place' to discuss shares in depth

[SailorRob]

I currently have one of my houses for sale and will only sell at a small discount (lower than what I bought it for in 2021). I am happy to wait until house prices start rising as soon as interest rates start dropping and I totally feel they will start dropping by the end of the year. I have met people who say the same who are selling their properties.

2025 we will see house prices take off again and I feel all the retirement village stocks will as well.

Given that no human in recorded history has a statistically significant track record of 'totally feeling' where rates will be in 7 months, I wouldn't bank on your totally cool vibes too much.

Check out the dot plots of the professional bond traders, pro economists etc..

So in 2025, what multiple does your feelings tell you that home prices to incomes will expand out to? Or are incomes going to go up bigly.

Interested in what you totally feel.

Consider that currently they are up there with the highest in history in the world, Japan in the 80's and Canada now probably higher.

[Balance]

Think I get what you’re meaning mate ……but Oceania have retained about $200m of earnings since listing as well as borrowing about $150m to give dividends to shareholders

And borrowed big too to buy ever more expensive land and fund ever more costly developments which are now in stock at highly inflated values.

Great strategy!

[SailorRob]

And borrowed big too to buy ever more expensive land and fund ever more costly developments which are now in stock at highly inflated values.

Great strategy!

It's a very good strategy, but not great.