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02-05-2019, 02:19 PM
#3681
I'm hoping $1.09 is now as cheap as we will ever see them again.
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02-05-2019, 02:36 PM
#3682
Originally Posted by minimoke
I'm hoping $1.09 is now as cheap as we will ever see them again.
I doubt it wait a week or two, plenty of big fish sellers hiding in underwater caves.Lol
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02-05-2019, 02:45 PM
#3683
Originally Posted by BlackPeter
Index buying? Hardly. Correct me if I am wrong, but I don't think it has yet been confirmed that they are moving into the index, and even if - today is not index balance day. Funds don't have the liberty to buy on rumour and weeks prior to the event.
Maybe some punters speculating on the index inclusion, but more likely investors who see OCA's underlying value and potential.
Anyway - SP moved above the MA200 - and we have higher highs - looks like an uptrend to me ;
I put mine on the market yesterday morning at $1.06.
Craigs did not put mine up for sale.
My broker rang their trader who advised he was waiting for the index buyers to show up in the afternoon.Which they did do.Therefore they moved mine at $1.08.
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02-05-2019, 02:47 PM
#3684
Yep common knowledge they buy up ahead of inclusion , removal.
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02-05-2019, 02:53 PM
#3685
Originally Posted by couta1
I doubt it wait a week or two, plenty of big fish sellers hiding in underwater caves.Lol
Isn’t there tens of millions of shares doing the rounds ...big end of town bored and playing games with each other and recycling the shares
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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02-05-2019, 02:59 PM
#3686
Originally Posted by winner69
Isn’t there tens of millions of shares doing the rounds ...big end of town bored and playing games with each other and recycling the shares
Yep a goodly portion of that 95 mill Macca placement at $1.10 on the merry go round, I'd be very surprised if it goes over $1.10 for a while yet.
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02-05-2019, 04:00 PM
#3687
A Good Company
Hello Mr Couta. i wouldn't be !!!! ------ and here are more reasons why.....in addition to my views on OCA being a "Good Company"
Never before has the world seen
1. Total assets of Australia’s pension funds surged from only A$164 billion in December 1991 to over A$2,000 billion in December 2015 !!! Heavens knows what it is today May 2019??
2. NZ's tiny little "Cullen "Fund is now worth 50 Billion NZ 2019
3. NZ ACC fund now worth 40 Billion NZ 2019
5. NZ Kiwisaver (a dog said a National Minister) worth 50 Billion (this stat I haven't double checked) 2019?
All this dough has to go, and is going , somewhere and into good companies it cannot fail but to go! We aint seen anything yet so long as these massive funds grow and grow as they must for some time yet if my math is any good
Last edited by warren; 02-05-2019 at 04:07 PM.
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02-05-2019, 04:25 PM
#3688
Originally Posted by BlackPeter
we have higher highs - looks like an uptrend to me ;
Yeh I want to sell too (Percy) but noticed an uptrend so gonna show some patience. Not too fussed either way really but technically should reduce in the sector given the increase in my SUM holding.
For clarity, nothing I say is advice....
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02-05-2019, 04:25 PM
#3689
Originally Posted by warren
Hello Mr Couta. i wouldn't be !!!! ------ and here are more reasons why.....in addition to my views on OCA being a "Good Company"
Never before has the world seen
1. Total assets of Australia’s pension funds surged from only A$164 billion in December 1991 to over A$2,000 billion in December 2015 !!! Heavens knows what it is today May 2019??
2. NZ's tiny little "Cullen "Fund is now worth 50 Billion NZ 2019
3. NZ ACC fund now worth 40 Billion NZ 2019
5. NZ Kiwisaver (a dog said a National Minister) worth 50 Billion (this stat I haven't double checked) 2019?
All this dough has to go, and is going , somewhere and into good companies it cannot fail but to go! We aint seen anything yet so long as these massive funds grow and grow as they must for some time yet if my math is any good
Very true, warren. But big funds are very quick to quit a stock that doesn't perform to their expectations and to move on to something else - often offshore. Saying that, I too have confidence in OCA and continue to hold.
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02-05-2019, 04:31 PM
#3690
Originally Posted by macduffy
Very true, warren. But big funds are very quick to quit a stock that doesn't perform to their expectations and to move on to something else
I'd point you to the PEB thread.
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