OCA - Oceania Group - retirement villages

[SailorRob]

Balance, is that the Beagle formerly of Sharetrader who was permanently banned after trying to implement legal proceedings on other members?

The one that bought OCA on the IPO, raved about it for years as being better than the others, bought all the way up to the top and then capitulated and lost half of his substantial investment?

Or is it another Beagle?

[SailorRob]

I've been thinking about the sales margins which are a lot higher than the company's own forecast not that long ago.
To be able to still get 31% margin on new builds?
The number doesn't pass the sniff test to me in the current market.

So it begs the question instead of cutting prices as much as OCA predicted, what incentives are they offering & where will these show up in the accounts in future?
A year free of body corporate fees perhaps?
Maybe more?

If this is the case, what impact will it have on the day to day operating cashflow that was negative $40M in the last year?
Also if this is the case as For Bar theorized, I would hope that OCA were transparent about it.

This industry or OCA really needs to clean up their act in regards reporting. It's unnecessarily overly complicated which raises suspicion in itself.

When you find the Alphabet overly complicated it doesn't help with understanding OCA accounts.

[Balance]

When you find the Alphabet overly complicated it doesn't help with understanding OCA accounts.

Go and stack some more supermarket shelves. It suits the level of your intellect.

[ValueNZ]

Go and stack some more supermarket shelves. It suits the level of your intellect.

The irony here is that Rob doesn't need to work (in a traditional sense anyway), he invests his own capital.

You on the other hand? Like Rob said, you'll be working until you die.

[Balance]

The irony here is that Rob doesn't need to work (in a traditional sense anyway), he invests his own capital.

You on the other hand? Like Rob said, you'll be working until you die.

Like Rob said … pathetic.

Your Rob who challenges posters to bets and then, behaves like the impoverished snivelling coward he is to negate the bets when his bets are accepted.

You sure know how to read people - hope you know how to stack shelves better!

Now go back and stack more supermarket shelves so you can plug your losses on OCA.

[SailorRob]

Balance, would you care to share with us what your returns have been over the last 5 years, CAGR?

Across your entire net worth, don't hide behind cash or just report equity portfolio return, the whole lot.

Thanks.

Oh, you're going to find a reason not to?

[ValueNZ]

You’re Rob

No I'm not.

[Balance]

No I'm not.

Your Rob …

[SailorRob]

Your Rob …

*you're....

[ValueNZ]

Your Rob …

Right after you posted this?

It suits the level of your intellect.

Yikes. Maybe someday you'll learn the difference between your and you're.

But of course I'm the idiot because I stack shelves part-time while doing 1.5x a normal university workload.