good points. as i mentioned earlier in thread about not paying to much attention to nta and this a good example eps is more relevant than nta in valuation of companies as are cashflow metrics
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All sensible enough. I'm a happy long term term holder and not a buyer across the industry. If I were I'd probably buy some SUM as their business model is more fit for purpose in the current environment. Will look at how things unfold next few years and if a substantial correction maybe buy more otherwise spend me pennies elsewhere (harder said than done in this environment!)
Well, I guess all these are well known observations and assumptions which may or may not come true, however most of them are not specific to OCA. They apply to all retirement villages or probably better to all REITS.
Nothing new, i.e. the market knows about them - i.e. they are fully priced in (but obviously - everybody might put a different likelihood on opportunities and risks eventuating in the future ....
Did I mention that brokers are sometimes right and sometimes wrong ... and statistically seen there seems to be no correlation between their predictions and the actual outcome?
So - better DYOR instead of trusting a broker :) - you won't be more often right or wrong than your broker, but at least in that case its you making or losing your money, not him (or her?) ...;
Discl: holding OCA ... and expecting them to do better than some of the already fuller priced retirement villages like RYM or SUM - but hey, I am as well sometimes right and sometimes I am wrong :) ;
I understand yesterday was the last day of the calculation for the DRP price, does anyone know roughly what the price will be, either with or without the 2.5% discount. It's not super important in the big scheme of things but interested to know roughly how many shares I'll get.