I guess I just caught a falling knife. Bought a few more yesterday and am happy for the longterm
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I guess I just caught a falling knife. Bought a few more yesterday and am happy for the longterm
It would seem that despite all the covid disruption, retirement villages are doing OK based on other's reporting. Hopefully same for OCA and Brent has turned things around to lift this whale from it NTA plus bugger-all position.
Beagle's are notorious for always being hungry and sniffing out their next feed lol...but you're too kind...the last 3 months has been quite tough in a lot of ways.
I think I'll wait 'til the country is ravaged by covid then buy a whole lot more at .76
That's if I survive.
me too , will wait till the first few retirement villages are swamped with covid and see what the market re-action is and what happens to the people of cause
Im thinking 2 outcomes possible
the re-sales sky-rocket which would be a + for the bottom lines of the companies
or re-sales collapse cause of bad perceptions due to covid implications of being in a village.
If u both think RVs are only in NZ and Covid is a new thing for the world then its easy to keep guessing the outcomes ....
But for me it may have come to the communities in NZ more freely for the first time ...but whole world has already experienced it and survived very well .
Also our markets like all others is equally sharp and has factored in a good chance of what u say will happen ....most likely worst case will not happen ...then soon it will show us in hindsight when was the best time to buy in ...:D
well if you need care guess your choices are limited , if your already in a village guess most wont have the option of going back to there own place will they. people who havnt made a decision on there living outcomes have a choice though depending on the covid outcomes ... to come.
time will tell what the outcomes are for these businesses during a pandemic which nz hasnt fully experienced yet