I know the scenario I like the sound of... both don't sound bad really
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Close 107 pretty good ...can't complain
Another good day tomorrow and we are at 110 ... a few days after I predicted
Momentum is growing ...cmon guys keep on buying
Taking a simplistic view, the quality of the company. The board of directors, management team, staff, quality of villages, reputation etc.
The higher quality company will normally have the highest PE. i.e. Ryman. They got the longest track record and trust of the market.
OCA look to have top notch board of directors and management team with a solid plan. I'd like to think the quality of OCA is at least as good as MET and ARV if not better.
I suppose it's FY19 outlook we've been lacking along with a consistent set of results, so market hasn't been as confident in OCA compared to SUM and RYM. We will find out more in 7 weeks time!
Also ARV since listing took about 15 months before it really took off. We could see the same thing with OCA here.
[QUOTE=JayRiggs;717578]Taking a simplistic view, the quality of the company. The board of directors, management team, staff, quality of villages, reputation etc.
The higher quality company will normally have the highest PE. i.e. Ryman. They got the longest track record and trust of the market.
OCA look to have top notch board of directors
Ummm new Director " he has also established construction and aged care businesses. Mr Tomlinson established Qualcare before it was sold into the Oceania Group in early 2008 and he was a director of Oceania Healthcare from 2008 until 2016. He is currently a director of, and has a shareholding interest in, Oceania Healthcare"
Top notch long history in the BUSINESS and he plonks down $3,500 000 for 3,504 260 shares the day he comes on board -------this is my sort of leader who will double + his money (and mine) as well as making a lot of elderly, gentle and often very infirm people happy with wonderful care and employing 3000+ outstanding staff.
[QUOTE=warren;717581]I hope people will continue to love this great company which maybe one of the last affordable ones at these prices looking at the future. I have a ++ shareholding in this company, but will advise my partner to invest her money into this share as I think within 2 more years I expect it to be worth around $2 per share