To be fair, for most of that time OCA have been making steady progress towards transforming their old business model and with regard to brownfield developments, that's come at quite a cost. I'm hoping for a decent year for OCA in 2022 but not expecting any miracles. 2023 and 2024 should see the Oceania snowball really starting to gather momentum.
Patient puppies will get a very good feed in due course.
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
To be fair, for most of that time OCA have been making steady progress towards transforming their old business model and with regard to brownfield developments, that's come at quite a cost. I'm hoping for a decent year for OCA in 2022 but not expecting any miracles. 2023 and 2024 should see the Oceania snowball really starting to gather momentum.
Patient puppies will get a very good feed in due course.
Guru's at Forbar reckon OCA going to go gangbusters - 35% CAGR EBITDA growth over next few years
Much higher than the others
Wonder why anybody bothers with Arvida if the chart is indicative of what is going to happen
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
It seems a little strange to me that on one hand according to market screener almost all the analysts have this as a BUY with an average target price of $1.64 https://www.marketscreener.com/quote...268/consensus/
and yet on the other it got no love from any broker in the coming years share competition.
Contrasting that with HGH which attracted a lot of love (4 picks) and yet the average analyst price target is just $2.19 https://www.marketscreener.com/quote...144/consensus/ compared to the closing price for the year of $2.52.
Go figure ?
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
Dogs of the Dow is a popular strategy. For those that don't know, you buy a bunch of the worst performers for the year of the Dow and hope they outperform the index the following year.
OCA was a real dog last year. Maybe 2022 will see it barking and outperforming the NZX50 ? If not, I think as long as one takes a "dogged" approach to holding over the next few years these should bark very nicely at some stage.
Last edited by Beagle; 01-01-2022 at 11:27 AM.
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
Dogs of the Dow is a popular strategy. For those that don't know, you buy a bunch of the worst performers for the year of the Dow and hope they outperform the index the following year.
OCA was a real dog last year. Maybe 2022 will see it barking and outperforming the NZX50 ? If not, I think as long as one takes a "dogged" approach to holding over the next few years these should bark very nicely at some stage.
Ryman was a bigger DOG …down 18% in 2021
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Not a relative of a resident in an independent unit, not a resident in an independent unit, not a staff member either... but a resident at Everil Orr rest home which Oceania owns.
This may be a little different.
Fingers'n toes crossed this doesn't get into other residents at the rest home.
Last edited by trader_jackson; 01-01-2022 at 01:25 PM.
ATM one of the worst dogs of the NZX50 ...I'm going off this theory is a huge hurry lol
Last edited by Beagle; 01-01-2022 at 02:22 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
Reply With Quote
Originally Posted by Beagle
...I'm going off this theory is a huge hurry lol
Bookmarks