OCA - Oceania Group - retirement villages

[Daytr]

How long a business has existed for has nothing to do with it, many very successful businesses have varied and long periods between profits.

Many deliberately run a loss day to day.

OK buddy. You stick without philosophy.
In tough times, which the sector is experiencing that's what becomes very important.
In fact it's what can tip a business over in tough times even when in the longterm they could have been a good prospect.
I'm not suggesting OCA is facing that yet & if they get through the cycle they will do well.
Just a lot less risk with RYM with potential the same or I think likely better returns.
I hold neither so no axe to grind.

For a stock that is only 5% of your portfolio you seem to spend an extraordinary amount of time defending a stock that is completely out of favour.

[ValueNZ]

Exactly. The money I made last time was epic, then compounded it into other similar opportunities a few times over again.

I wouldn't say never been seen before but you could be right as business has grown a lot.

Imagine how winner from 2011 would react.

Worth noting that at the same time when OCA was 40c, everything else was also dirt cheap and dropping. But this time around, everything else is much more fairly priced. Of course there's exceptions but on the whole owning OCA now seems more attractive relative to everything else compared to then.

All depends on each individuals personal opportunity cost / discount rate.

[SailorRob]

Worth noting that at the same time when OCA was 40c, everything else was also dirt cheap and dropping. But this time around, everything else is much more fairly priced. Of course there's exceptions but on the whole owning OCA now seems more attractive relative to everything else compared to then.

All depends on each individuals personal opportunity cost / discount rate.

Great point.

[SailorRob]

OK buddy. You stick without philosophy.
In tough times, which the sector is experiencing that's what becomes very important.
In fact it's what can tip a business over in tough times even when in the longterm they could have been a good prospect.
I'm not suggesting OCA is facing that yet & if they get through the cycle they will do well.
Just a lot less risk with RYM with potential the same or I think likely better returns.
I hold neither so no axe to grind.

For a stock that is only 5% of your portfolio you seem to spend an extraordinary amount of time defending a stock that is completely out of favour.

If you'd be following my posts like you should be you'd know I bought plenty more during the recent weakness.

I'd run you through the Math, but just trust me that it makes the % weight go up.

What tough times are OCA going through exactly?

[SailorRob]

For a stock that is only 5% of your portfolio you seem to spend an extraordinary amount of time defending a stock that is completely out of favour.

For a stock that you don't own you seem to spend an extraordinary amount of time pontificating incorrectly about it.

[Daytr]

If you'd be following my posts like you should be you'd know I bought plenty more during the recent weakness.

I'd run you through the Math, but just trust me that it makes the % weight go up.

What tough times are OCA going through exactly?

Seriously? Look at the share price buddy.
It's not just OCA of course, it's the sector you know the macro you ignore. 🤣
Any of the SailorBoy fan club following this?
You can only blame yourself, you have bought into the SailorBoy hype whilst your investment has plummeted. Meanwhile what are other stocks doing outside the sector SUM excluded.

If the property market turns positive so does OCA. If the opposite happens, watch out.

This really is comedy hour.

[mistaTea]

For a stock that you don't own you seem to spend an extraordinary amount of time pontificating incorrectly about it.

Why will you not take my advice?

Psychic vampires are the worst. They will never stop needling for an emotional reaction.

They must feed. They can’t stop.

But you can.

Beware of Dandelo.

[Daytr]

For a stock that you don't own you seem to spend an extraordinary amount of time pontificating incorrectly about it.

Yep I do spend a lot of time on OCA, not so much now as I've concluded my research.
The Fandom as Winner points out is interesting. I was also looking at it as a long term investment perhaps. But now I prefer RYM.
Less risk and potentially more reward.

But much better reward I think in the resources sector.
I just invested in a company the will spit out 50% more cash than RYM with a market cap of 2.5 times less than RYM. But like all stocks the macro could impact it. I'm thinking positively but I'm biased.

Good luck. I truly hope OCA does well.

[SailorRob]

Yep I do spend a lot of time on OCA, not so much now as I've concluded my research.
The Fandom as Winner points out is interesting. I was also looking at it as a long term investment perhaps. But now I prefer RYM.
Less risk and potentially more reward.

But much better reward I think in the resources sector.
I just invested in a company the will spit out 50% more cash than RYM with a market cap of 2.5 times less than RYM. But like all stocks the macro could impact it. I'm thinking positively but I'm biased.

Good luck. I truly hope OCA does well.

I'd suggest looking at its EV sport.

We should really be friends. We could start a new age trading ship. We could sail around raising capital, you could be the Cabin boy, ValueNZ first mate. Baa_Baa could forecast the weather using TA. We'd let you run a paper trading account - just so the crew could have the entertainment. Yes winner would be the Purser.

[Baa_Baa]

I'd suggest looking at its EV sport.

We should really be friends. We could start a new age trading ship. We could sail around raising capital, you could be the Cabin boy, ValueNZ first mate. Baa_Baa could forecast the weather using TA. We'd let you run a paper trading account - just so the crew could have the entertainment. Yes winner would be the Purser.

Just to be clear, I don't do boats, they make me sick, or forecasts (especially the weather, even Metservice and NIWA can't get that right!) but maybe the probabilities of SP movements with careful price trading controls, i.e. never a one way trade. Always have a trading contingency in case it doesn't work out. Run with gains, cut losses quickly.

Been awhile since I traded US listed options, albeit fun at the time, staying up all night eventually lost its appeal. Now that's an instrument class that has absolutely no underlying value at all, nada, nothing, just a paper promise, but it still traded purely on perceived or anticipated future prices of the underlying stock. The only way to track it was price charts. One day for example, I woke up and 1200% gain on a gold miner's option, bought the Call at 4 times out of the money, but they struck it rich. The Mrs said, "have you sold?" Um, ok, wait, doing that now. Kaching, money in the bank.

Besides, I'd never join a troupe with Daytr on it, attention seekers lost in a morass of logical fallacies don't interest me, they're just bogged down with redefining everything (the straw man argument) and persist with factual inaccuracies trying to justify it.

I'd consider the 2011 Winner69, but lately, not so much with the Wah's nonsense. Lost the plot lately imo.

Final thought, Daytr reckons RYM is better 'value' now when the SP has gone up a few % than last week when the SP was bottoming. Go figure, higher SP = better value. WTF?