OCA - Oceania Group - retirement villages

[Beagle]

The much touted ‘wall of money’ came and went a while ago .....driving the price up to the 130’s

Perhaps and yes we must acknowledge a nice ~ 20 cent lift since September. NAV was last reported at the May 2020 balance date at $1.10. With CBRE being so dramatically wrong with their valuations and the real estate on fire up ~ 20%, perhaps current net asset value is not much shy of the current share price ?

With nothing to be earned on fixed interest or bonds there really in no alternative to shares and very few are on such compelling metrics as OCA.

[Jantar]

…. NAV was last reported at the May 2020 balance date at $1.10. With CBRE being so dramatically wrong with their valuations and the real estate on fire up ~ 20%, perhaps current net asset value is not much shy of the current share price ? ....

More units have been completed since May and at a higher value. I suspect the NAV is now higher than the SP.

[Beagle]

More units have been completed since May and at a higher value. I suspect the NAV is now higher than the SP.

Could be mate. A quick look at the TA looks solid to me too. In a nice uptrend, above 30 and 100 day moving averages. RSI looks to be just over 50 so its not overbought in the mid 130's and has consolidated very nicely at this level. Bollinger bands getting squeezed together. Looks nicely set to extend the recent rally in due course. Property is a long term investment and this one looks very well positioned to give outstanding returns over both the short and the long haul.

[Baa_Baa]

Could be mate. A quick look at the TA looks solid to me too. In a nice uptrend, above 30 and 100 day moving averages. RSI looks to be just over 50 so its not overbought in the mid 130's and has consolidated very nicely at this level. Bollinger bands getting squeezed together. Looks nicely set to extend the recent rally in due course. Property is a long term investment and this one looks very well positioned to give outstanding returns over both the short and the long haul.

For a bona-fide FA your TA has come a long way, well done. The two disciplines combined are essential investor tools, one says “is this a good investment”, while the other says “it’s this a good time to invest, or not”.

I have another truck coming in early December so I hope it doesn’t bolt too much before I can back it up and complete my planned fill. Might even shout myself a few bonus shares if the price is still right.

[Alpha]

https://www.oceaniahealthcare.co.nz/investor-centre

When did they update there website? It looks really flash

[peat]

For a bona-fide FA your TA has come a long way, well done. The two disciplines combined are essential investor tools, one says “is this a good investment”, while the other says “it’s this a good time to invest, or not”.

You're being too kind , he is just a baby.

[Waltzing]

old time chart drawers like O'Neil would say that lines on the paper for this shop depict a much higher high..the longer, wider the base the higher the building...

[Beagle]

You're being too kind , he is just a baby.

Just as well I take a super dogged approach with fundamental analysis then eh.

old time chart drawers like O'Neil would say that lines on the paper for this shop depict a much higher high..the longer, wider the base the higher the building...

Nicely said.

[Curly]

Mkt not liking Ryman result.

[bull....]

i decided to sell again , no momentum to the price it seems

momentum has stalled alright looks like it has just broken good support at 1.35