Indeed, exactly what I have been trying to express on the 'Listed property' thread.
With OCA these things do eventually show up as cash.
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Here we go bull! 79c...
If SP stays 79c....a break through 80c is coming
Well, it has closed today at 80c. So onwards and upwards?
Should be trading around 80-85 till next August update and sales of other properties go through n we will see the gearing down to 30%...then market will automatically rerating OCA
I get the whole story, fundamentals, value, etc, but what's holding me back is buying a weak share that has under-performed others in the sector (like SUM) for literally years.
The funny thing is - you could say the same about SUM. Remember 2015 when Ryman was the star and Summerset the ugly duckling?
True - Summerset turned since then into a beautiful swan ... and Ryman must have got some age related jitters (though well might dart now out of the ashes like a Phoenix).
OCA (as a newer addition to the RV business) still in the cygnet / duckling stage. Are you sure you want to compare a cygnet to a grown up swan and assess their future performance based on their past growth?
Sure - you can, but whether it is a sensible thing to do is a different question.
Crossing the 10 and 20 ema. The last time the weekly 10 and 20 ema crossed was October 2021.