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17-10-2019, 08:32 PM
#4011
Originally Posted by Kelvin
Thanks for the link.
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17-10-2019, 08:34 PM
#4012
Originally Posted by tim23
Gross dividend though = no imputaion
I can easily live with that Tim.
Additionally, long term I think my capital is safe and will grow.
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17-10-2019, 08:54 PM
#4013
Originally Posted by RTM
I can easily live with that Tim.
Additionally, long term I think my capital is safe and will grow.
I don't disagree am holder and participating in DRP
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17-10-2019, 10:53 PM
#4014
Originally Posted by Kelvin
Awesome link Kelvin. Thanks for posting it. I have visited most of those sites , sometimes twice , the most recent was a walk through Green gables (Nelson) construction site last week. With a guide and all the PPE -just for the record.
After seeing a few you can clearly see the pattern OCA is all about which is what Earl clearly articulates.
Make no mistake that OCA are not offering a social service to house ALL our seniors. They are precisely targeting the local high end guys, offering an expensive product at sites centered in the premium areas.
Greengables for example have competing ARV and SUM building the usual one story villas over the hill in Stoke, nothing wrong with that formula either , but OCA is a 3 story build(= views + density efficiency)200 m from the Nelson CBD/ city gardens. Now that's a serious point of difference.$$$.
I might normally have lost a bit of confidence in this company with its current low / frozen share price but knowing the sites, seeing OCAs execution and vision I'm very confident they have a winning formula. It will take time , perhaps more time than most"traders" seem prepared to give it, but as an "investor" they are well underway with their ducks all in a row.
If anyone is out for a Sunday drive up there, because I'm sure Aucklanders just love going back onto the motorways in their weekends, recommend seeing Sands, Meadow bank and Awatere, (Hamilton- A more regular sized rebuild). You will get a clear feel for what they are about. You can even order a meal/ coffee etc from their community centres . I always felt welcome.
While I personally got in a little too early, shareprice wise, I would rather have risked that than missing the boat for the sake of a few cents.
Last edited by Maverick; 18-10-2019 at 11:59 PM.
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18-10-2019, 08:42 AM
#4015
Originally Posted by Kelvin
cheers - interesting overview working out the differences to the to the other operators in the industry.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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30-10-2019, 02:14 PM
#4016
Suppose the seaside resort Oceania has near Auckland would have paid for itself by 2050
This in Nature says that we've been underestimating the effects of climate-change-related flooding, and that major cities across the globe will be inundated and essentially unlivable by 2050.
https://www.nature.com/articles/s41467-019-12808-z
”When investors are euphoric, they are incapable of recognising euphoria itself “
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30-10-2019, 02:21 PM
#4017
Originally Posted by winner69
Suppose the seaside resort Oceania has near Auckland would have paid for itself by 2050
This in Nature says that we've been underestimating the effects of climate-change-related flooding, and that major cities across the globe will be inundated and essentially unlivable by 2050.
https://www.nature.com/articles/s41467-019-12808-z
Dont tell me you've been brainwashed by the extinction crew winner.
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30-10-2019, 02:34 PM
#4018
Originally Posted by winner69
Suppose the seaside resort Oceania has near Auckland would have paid for itself by 2050
This in Nature says that we've been underestimating the effects of climate-change-related flooding, and that major cities across the globe will be inundated and essentially unlivable by 2050.
https://www.nature.com/articles/s41467-019-12808-z
Are you sure OCA's resort is less than 2 m above sea level?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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30-10-2019, 02:54 PM
#4019
Originally Posted by BlackPeter
Are you sure OCA's resort is less than 2 m above sea level?
Coastal erosion would have an affect even if 2m above.
If you want a coastal front property some time in the future buy a cheaper one 1 street back now.
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30-10-2019, 03:53 PM
#4020
Originally Posted by dobby41
Coastal erosion would have an affect even if 2m above.
If you want a coastal front property some time in the future buy a cheaper one 1 street back now.
Obviously - in some places the coast will erode - and in other places you will find it is even gaining additional land. Even these endangered Pacific Islands seem to grow (https://www.bbc.com/news/10222679 or https://www.abc.net.au/news/2018-12-...owing/10627318).
I guess we will need to wait and see whether the sea comes closer to this specific property, or whether it moves away. Will depend on the local rips ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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