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19-10-2017, 10:04 PM
#601
Originally Posted by King1212
Oh, of course, but it’s interesting to look at what the market sentiment thinks. These business are all essential to provide the infrastructure nz needs to meet the demand for our aging population. No question.
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19-10-2017, 10:10 PM
#602
Where are they going to get all their staff from when immigration is reduced by more than 50% though?
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19-10-2017, 10:15 PM
#603
Originally Posted by JeremyALD
Where are they going to get all their staff from when immigration is reduced by more than 50% though?
Not sure, although I'm not so sure immigration has as bigger hit on retirement villages as some may perceive (bit like the whole big wage rise thing - impacts some more than others I suppose).
Where are all the builders going to come from to build the lofty, say 450 (and even higher numbers in coming years), units sum in the sector are hoping to build? (as reflected in there very high price to book valuation)
Sorry, the sum puns are just to easy!
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19-10-2017, 10:25 PM
#604
Originally Posted by RTM
I hope you are being completely clear and transparent !
My wife worked as RN at the rest home...most of the staff,migrants all have gained their permanent residency ..
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20-10-2017, 12:39 PM
#605
Wondered who was the lucky one that picked 97c this morning...?
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20-10-2017, 12:49 PM
#606
Originally Posted by King1212
Wondered who was the lucky one that picked 97c this morning...?
I'm more curious as to who was the one that panicked
Probably be back at $1.00 by day's end, maybe higher - crazy that this only recently traded around 95 to 96c, apparently because of political risk (I think? Maybe?) and now it is still higher than these recent times - amazing what a bit of market sediment towards one or multiple stocks can do, when fundamental valuation is replaced with illogical panic.
Last edited by trader_jackson; 20-10-2017 at 12:51 PM.
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20-10-2017, 01:14 PM
#607
Originally Posted by trader_jackson
I'm more curious as to who was the one that panicked
Probably be back at $1.00 by day's end, maybe higher - crazy that this only recently traded around 95 to 96c, apparently because of political risk (I think? Maybe?) and now it is still higher than these recent times - amazing what a bit of market sediment towards one or multiple stocks can do, when fundamental valuation is replaced with illogical panic.
Newbies panicked...read too many rumour on ST forum....
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20-10-2017, 01:28 PM
#608
Originally Posted by King1212
Newbies panicked...read too many rumour on ST forum....
Maybe not so much panick, as using the downturn to rebalance. I was a bit overweight in OCA so sold half at $1.01
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20-10-2017, 01:35 PM
#609
Selling down only because you worry your neighbour will sell down is how it starts
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31-10-2017, 01:53 PM
#610
maybe 90 cents on the cards.... So much downward pressure
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