I'm not sure that the Govt should be 'protecting' shareholders.
But I suppose that depends on what you mean by 'protecting'.
Certainly the Govt should put in place rules that allow the shareholders to have a fair deal and not place in the Wild West.
Printable View
Isn't it interesting how discussion can stray from the thread - Oceania Group - to Ryman's directors' fees; the level of directors' fees in general; finance company collapses; Pike River Mining disaster; government "protection" of investors. I'm sure that all these topics have their own threads - let's not lumber discussion of OCA with them.
;)
Just another article about retirement villages
https://www.noted.co.nz/money/proper...ement-village/
Really wanted some more OCA & happy to top up this morning. Plenty of depth on the buy side at these levels & although it may drop a cent or two, imho think the long term outlook is so positive & solid, was afraid of looking back in 12 months time & kicking myself for worrying about a few cents ( missed out on topping up with SUM more, just before it shot up).
On a completely unrelated matter to OCA, bumped into one of the OCA staff supervisors on Friday & as always given half a chance, took the opportunity to have a decent chat & get some direct feedback. He was exactly the sort you want, deeply committed to (would go the extra mile) & incredibly proud & enthusiastic about the company he works for, the standard of care for the residents, the villages & the awards they have won. Only one staff member obviously, but really impressive & hopefully indicative of the company culture & why they are winning awards, building a great reputation & aiming to be the best in their field.
NB DYOR
Good start to day with the share price up and I thought we were getting the upward momentum going again
But a bummer of a day in the end
Hope tomorrow will be better
Not worried about tomorrow, or the next... in 10 days from now the share price is going to start up, and then continue up throughout the day... some say we could be witnessing the last days of OCA under $1.20.
No worries
What is certain is ARV continuing to trade the cheapest and be priced like a dog, despite increasing signs it will grow EPS faster over the coming years than companies sounding similar to the movie title narnia.
It's those naughty Bots, winner, painting the wrong picture with tiddly sells, to give us the impression it's more offered than bid. NOT TRUE.
Geez, even got Couta queue-jumping for scraps in the end of day auction, so it's definitely NOT TRUE.:)
Good strategy tho, manifesting it down to ones buy price:t_up: i want more too.