OCA - Oceania Group - retirement villages

[couta1]

Huge vote of confidence, not chump change either! Slap down a couple of hundy for Stockton and eight hundy for Tomlinson, great stuff when insiders see the value and put their (substantial) money where their mouth is.

Agree and a great Long term hold but I dont see any hurry to hold an XXXOS position again over the next year or so, not forgetting also that Macca will be keen to spit out several truckloads of peanuts as soon as the price has any significant rise.

[fish]

Agree and a great Long term hold but I dont see any hurry to hold an XXXOS position again over the next year or so, not forgetting also that Macca will be keen to spit out several truckloads of peanuts as soon as the price has any significant rise.

Who knows
I personally have been buying a lot at this knock down down price

[forest]

Who knows
I personally have been buying a lot at this knock down down price

Director Alan Isaac bought as high as $1.14 some time ago, five other directors have been buying shares for $1.10

Also remember that more than 3 mil Long Term Incentive shares are available to selected employees if OCA reach the financial target. According to Winner some time ago this target was 13.8c a share.

I can see a few positive there for you. Wish you well.

[RTM]

Another flash village to be built.
Wonder how the sales of The Sands units are going ?

https://www.oceaniahealthcare.co.nz/the-sands-village
I see the entry age is ....
Minimum age of entry for residents is 70 years.

But trademe is saying 65 ?
https://www.trademe.co.nz/Browse/Cat...ch_suggested=0

20/08/2019 10:00

GENERAL
NOT PRICE SENSITIVE
REL: 1000 HRS Oceania Healthcare Limited

GENERAL: OCA: Resource consent issued for Waimarie Street Development

RESOURCE CONSENT ISSUED FOR WAIMARIE STREET DEVELOPMENT

Oceania Healthcare is pleased to announce that it has obtained resource
consent from Auckland Council for its development at Waimarie Street in St
Heliers, Auckland. The resource consent application was publicly notified,
and the application was heard before a Council Hearing Panel on 22 and 23
July 2019.

Oceania Healthcare initially acquired 8,945m2 of land in Waimarie Street in
March 2018 and subsequent purchases of neighbouring properties in the second
half of 2018 increased Oceania Healthcare's holding to 13,464m2.

The premium integrated aged care centre and retirement village complex will
comprise 76 independent living apartments and 31 luxury care suites, together
with undercover parking and community facilities. The property is in an
excellent location with strong demand for Aged Care and Retirement Village
living.

Oceania Healthcare Chief Executive Officer, Earl Gasparich said "We are
delighted to have received the consent for our Waimarie Street development.
This site presents a unique opportunity for us to construct a boutique
village in the heart of St Heliers, with most units enjoying stunning views
over the Waitemata Harbour and the Auckland CBD. The development is an
integral part of Oceania Healthcare's strategic growth plan and will be the
first "greenfield" development that we have undertaken. With the resource
consent now granted, we are putting the finishing touches on the design of
the village and are looking forward to construction starting in the second
half of 2020."

[Food4Thought]

Is it too late to get in on the divi? If stocks bought of late?

Cheers

[percy]

Is it too late to get in on the divi? If stocks bought of late?

Cheers

Yes as they went ex dividend on 9th August.

[Beagle]

Great result on the consent for the WAIMARIE development.

RTM - Care suites entry age is advertised at 65 which is perplexing ? I guess its quite plausible to be 65 and need help, all depends upon one's state of health.
https://www.trademe.co.nz/property/r...4b790b5605-002
A little birdie in the industry tells me that the entry age into facilities can become more flexible when sales are slow. Wonder if that's a factor already ?

[percy]

Offcourse that is true,otherwise they will get hounded by the Beagles on ST..!!.
And no one wants to hear them in full flight.!!
Even worse after they have had a glass of A2 milk.
Does not seem to agree with the neighbours.!
P & P.[pitiful and painful]..lol.

[Food4Thought]

Yes as they went ex dividend on 9th August.

Excellent

Thank you Percy. Then I'll wait a bit and see how the divi reinvestment comes along and adds to the solid bundle for this <40 year old.

I enjoy a great divi play.

Hard to hold onto cash with these low prices. 👌

[dobby41]

RTM - Care suites entry age is advertised at 65 which is perplexing ? I guess its quite plausible to be 65 and need help, all depends upon one's state of health.

I don't see what is perplexing. Cold hearted really.
A care suite admission implies ill health so shortened life span (you wouldn't be wanting a care suite if you still ran half marathons).
Allowing them in at 65 will fill the beds while still allowing a reasonable turnover when they 'leave'.