It was the lawyer team...winner....one of the nurses sued the resident for molesting while cleaning his button
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It was the lawyer team...winner....one of the nurses sued the resident for molesting while cleaning his button
be robots in the future
https://www.youtube.com/watch?v=x5kMdEh1v0I
if there is a cap raise like RYM we shouldnt we see the SP go up to 80-90 cent range so when they raise at 60 cents it seems like a great deal.
Perhaps the reality is that the non-strategic properties are NOT selling down.
My recollection is that no listed entity has announced an actual sale so far this year, although plenty are said to be "held for sale".
This will become clearer with admissions that will have to be made at the half year reporting due this month. Then the question will become, if any were shifted, at what discount was that to the sum they were "on the books".
This could lead to several operators having to book reductions in value for your basic aged care facilities on a much wider basis.
I keep waiting for such announcements as well ….so far non eh
OCA have $100m plus a bit as held for sale …..they won’t get $100m as residents loans attached are about $50m …OCA gets $50m
Jeez if they had to accept say 25% less for them that only brings in $25m for them
But new government seems to see overall business confidence improving so there might be some outfits out there more comfortable / inclined to buy these villages ……no worries
Most people seem focused solely on the share price. There were only 18 days that the share price was at or below today's price, during the Covid crash. But, there were millions of shares traded during those 18 days, so it stands to reason that there are still millions of shares still 'in the money' purely on capital price. Maybe it's them feeding the Ask as their capital profits keep falling? Meanwhile, there's many many more millions of shares that have traded above today's price and they're all under water now. So for most of those who focus solely on share price, it must be pretty painful.
These low share prices are just the bomb for long term investors though, patiently waiting for the next DRP accumulating at almost a third of the share price highs. The icing on the cake would be a massive share buyback by the company. I don't expect share price watchers and traders to be in agreement as their 'investment' thesis is probably quite different and likely a lot less time horizon.
Particularly when it comes to investing, there's nowt so queer as folk.
A nice adage to bring up in the current circumstances. I think it polarises the differences between the various 'investment' vs trading strategies people have here. Along with your observation that for some people buying now is somehow, not better than buying when it is double the price! Go figure!
Translated, the saying means "there is no rhyme or reason for why people do things"