I said the truth....only U here expecting the SP 👇👇👇👇
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I said the truth....only U here expecting the SP 👇👇👇👇
X-man, I think you will find that ValueNZ, Cupsy and a few others would like a lower price.
However I am not 'expecting it' I have no idea what will happen in the short or medium term.
What I am trying to do is buy as much future cash flow as I can, rather than own the same amount of future cash flow but see the market value of its present value rise.
Great post from Maverick from December.
Highlighting what would happen should OCA decide to stop growing....
So in 7.5 years time you would be looking at an over 50% return PER YEAR in CASH from current prices. Inflation protected.
Paying less than 60c a share for a return of 30c every year.
This is why I get so upset with you saying you have to 'Endure' a few more weeks of low share prices Mav, this should be the greatest moment in your investing life, not something you are hating.
this has to be the greatest thread on hope she will be right in the long term lol
https://www.youtube.com/watch?v=bvKkUoE8XKM
A couple of thoughts.
We must be careful not to think that the resident loans will be invested in new property forever. There will be a critical mass of retirement villages, of which OCA will only get a certain amount in this competitive market.
I think that is important to note because it determines the cashflow profile for the business (which is all that really matters in the end) and when more of the cash can be returned to shareholders (and NZ shareholders are obsessed with dividends for some reason).
Also, the whole discussion about not wanting the SP to rise (and in fact preferring it would fall…)
Yes that makes absolute sense if your analysis on the business and sector is solid and your estimate of IV is reasonably close. No arguments there.
I think the timeframe on when Mr Market finally sees the light and corrects the error of his ways is importantly though.
If the market value of OCA doubles to $800M odd they is wonderful. But if it takes 20 years then that is 3.5% CAGR. Throw in some divvies and after tax you maybe have 4.5%.
I think the sailor, value et al have some solid points about OCA. But as I have stated before, I think dismissing Mr Market altogether creates a kind of blind spot.
Not trying to p1ss anyone off or provoke any harsh replies … just saying that I don’t think it is all quite as black and white as some seem to think. It seldom is.
If that makes you feel better Baa_Baa.
I'm not the one who was banned. Was it once or twice? For incessant trolling and insults etc which is par for the course on this thread for anyone who dares question the 'secret sauce' that has seen the share price down to 35% of its peak value. Apparently anyone who doesn't are idiots & they just don't understand. 😅
Apparently the accounts are also straight forward and easy to follow. If that's the case have you ever thought the market has been right? It may not be right forever, I.e the market might change but that will because the situation has changed, not because of free loans and float BS. The free loans is the funniest one. The float I get, it's just not a big thing as some make it out to be.
If anybody had bothered to notice, I haven't down ramped, quite the opposite.
I just don't believe in fairytales and only those desperate to get their money back seem to do so unquestionably.
Hey, by the way, just in case you are interested. I have some magic beans...
All the best on your holding & good luck for the results released in a few weeks.
I might be joining you once I am done in the resources sector.
PS I looked back at the NTL thread & I see you were one of the first to call BS on that, way before most people & you were criticised heavily. It's now lost 85% of its value so well done.
You should be setting the assignments for my finance class! So much BS is taught at my uni it's unreal.
Attachment 15100
I think this should be about right, probably 18 years.
Everyone should be praying for Oceania's share price to collapse whilst intrinsically growing it's worth.