-
12-10-2018, 03:26 PM
#2091
Well I'm in with a grin. Feeling a lot more diversified by about 100% now, you all convinced me.
-
12-10-2018, 03:54 PM
#2092
Originally Posted by longy
Thanks Beagle. Great research.
No worries. Tried to buy some more a minute or three ago at $1.19 and the offer disappeared and now it seems every man and his dog has decided to follow the beagle.
Got heaps but I want more because Maverick reckons you can't have too many And I reckon with that comment he's hit the nail directly on the head !
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
-
12-10-2018, 04:49 PM
#2093
Member
Originally Posted by Beagle
No worries. Tried to buy some more a minute or three ago at $1.19 and the offer disappeared and now it seems every man and his dog has decided to follow the beagle.
Got heaps but I want more because Maverick reckons you can't have too many And I reckon with that comment he's hit the nail directly on the head !
I got my first parcel of OCA today @ $1.17. It seems quite a stable stock (unlike A2 lol... but it is still my biggest holding in my portfolio). I also have Sum too and thought about off load some of it and collect more of OCA instead.
-
12-10-2018, 05:03 PM
#2094
Member
Originally Posted by warren
Well now, I presume you are referring to the tricky times in which we live (the last 10 days and the next 10)? I can't answer your question except to say 4 things
1. My experience with OCA and my own family member at the end of his life and the top quality OCA care unit he enjoyed for a short time, led me to form a very high opinion.
2. The quality of leadership at OCA ,who have backed themselves with very big investments, impresses.
3. The hammering by Mr Market of over priced stocks (especially where leaders have, unbelievably, dumped big shareholdings recently) is not so likely here for reasons Beagle so rightly states.
4. At $1.20 or so I remain exceptionally pleased re risk!! A milk company (that I never understood) at $14, well, that's quite a different story
Thanks Warren for sharing. I am looking for something a bit more steady and stable in invest in. The volatility of A2 has given me quite a few grumpy days and nights
-
12-10-2018, 05:08 PM
#2095
Originally Posted by longy
Thanks Warren for sharing. I am looking for something a bit more steady and stable in invest in. The volatility of A2 has given me quite a few grumpy days and nights
I know the feeling re A2. For those trying to decide which is the best retirement stock to invest in on a return basis, which company should double in value over the next couple of years or so? Count RYM and SUM out, TJ might also add ARV but I couldn't possibly comment on that.
-
12-10-2018, 05:38 PM
#2096
Average National Resale prices of units in OCA - correction.
Care suites $239K
Villas $381K
Apartments $509K.
(Source Results presentation that accompanies the annual result).
I presume the apartments are mainly in Auckland.
As you can see its the affordability and mainly being needs based that makes OCA more defensive.
Welcome aboard to new shareholders today. Weekend reading for you :- Results presentation http://nzx-prod-s7fsd7f98s.s3-websit...282/283328.pdf
Annual Report http://nzx-prod-s7fsd7f98s.s3-websit...283/283324.pdf
I topped up with more yesterday and today.
Last edited by Beagle; 12-10-2018 at 05:43 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
-
15-10-2018, 09:46 AM
#2097
Junior Member
OCA has strong reoccurring revenue streams via the care suites sold under the ORA contract structure. There is a coming "Grey Tsunami" and significant barriers to entry for competitiors. I believe that having a focus on integrated care and dementia care (and not just property sales) provides OCA a strong point of difference with guaranteed revenue streams year after year. This point of difference and strong cash flows will become clear to the market in the years to come as the care suits gain popularity. This stock is definitely a buy and hold. At $1.20 it is very cheap. I attach a link to an short article that supports my view. https://www.armillary.co.nz/wp-conte...nity-Final.pdf
-
15-10-2018, 09:55 AM
#2098
Originally Posted by Rot4ry
OCA has strong reoccurring revenue streams via the care suites sold under the ORA contract structure. There is a coming "Grey Tsunami" and significant barriers to entry for competitiors. I believe that having a focus on integrated care and dementia care (and not just property sales) provides OCA a strong point of difference with guaranteed revenue streams year after year. This point of difference and strong cash flows will become clear to the market in the years to come as the care suits gain popularity. This stock is definitely a buy and hold. At $1.20 it is very cheap. I attach a link to an short article that supports my view. https://www.armillary.co.nz/wp-conte...nity-Final.pdf
Welcome to the forum, an excellent first post.
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
-
15-10-2018, 10:00 AM
#2099
Junior Member
Thanks.....I am a "Long time listener, first time caller"
-
15-10-2018, 11:38 AM
#2100
Originally Posted by Beagle
Welcome to the forum, an excellent first post.
Bit of Beagle love here... I must say Mr Beagle that I really admire how welcoming you are to new guys.
Welcome to the forum RotAry.Thanks for the link. I've actually just started to focus specifically on just how the carebed side figures work out against the standard villa which we are all familiar with. This obviously will be the great strength (or not) for OCA.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks