Retired folk tend to more conservative and may hope that asset prices to do better under a National govt too. However retired folk perhaps have more of the advantage of perspective and not expect to be able to time the market perfectly.
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May as well put up the updated EPS trend chart. Just as well earnings don't matter - it's the story that counts.
EPS based on Underlying NPAT since listing. Middle part of chart may be a bit wonly because they changed Balance Dates and the Definiition of Underlaying NPAT (made it a bigger number so the numbers around 2017/2018 may actually be understated on a true comparative basis)
Underlying NPAT is just a guess anyway - the Oceania definition 'Underlying Profit is a non-GAAP measure of financial performance and considered in the determination of dividends. The calculation of Underlying Profit requires a number of estimates to be approved by the Directors in their preparation. Both the methodology and the estimates may differ among companies in the retirement village sector.'
For what its worth here's my chart. I dare not comment
The post War baby boom demographic is inexorable, and these folk have begun to arrive at the sweet spot age for RV occupation, particularly Villas and ILU. Peak care-suite requirement is just a bit further away, but on the horizon.
So any blip just now due to the need to adjust to house price falls is temporary and short term.
It was, and I'm not disputing that or complaining about the content of his information, in any way. What I was commenting on is the sarcastic, repetitive catch phrases that are creeping into his posts. Once is enough if one wants to make a sarcastic point. Repeating it with every post, gets a tad "old." Which is why I only quoted the relevant section of his post.
If you see it as "attacking" so be it. I have been on the receiving end often, from various posters - both publicly and behind the scenes. But when it is happening to me, I'm told "it's just a guy thing" - double standards much.
You know the benefit of hindsight is a wonderful thing. But in share trading its so easy to comment with hindsight. A few posters here are saying 'wouldnt touch them with a barge pole' ' waiting for them to get down to 50cents'. Where were they when the SP was motoring from $1.40 to $1.60. Now when the SP is 80c they are calling it a **** show. I say wow what value.