Well as I wasn't referring to the P&L and referred to a particular section of the cashflow statement what Ferg said is irrelevant.
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What a mixed up world we live in. DT thinks a cashflow is a P&L, and my stating a cashflow is not a P&L is "irrelevant". Oh dear. As you were.....keep shouting into the void.
.pointless post.
“It is damn hard to win an argument or debate against a wise person. It is impossible to win an argument or debate against a fool.”
Apply as appropriate.
OMG …Mike did a huge rave this morning in Mikes Minute on the radio. He was super excited and told hundreds of thousands of listeners how great the Warriors are and now team back to full strength and in the groove and got momentum that they are definitely heading to a. ‘This is our year’ season. UP THE WAHS
Forbar did a rave last week and said OCA will be $1 soon. But Forbar are light weights really. What Oceania need is for Rob to use his wide network of gurus and get somebody like this guy Gill and do a Roaring Kitty to get the market excited ….would go well past a buck if he got social media in a frenzy. GO OCEANIA YOU BEAUTIFUL THING
However will fandom win out at the end of the day …that’s still the big question
That's most disingenuous, but nice try.
All I have pointed out is fees aren't covering the day to day operation of the villages and by some margin and the deficit has grown significantly.
This deficit needs to be covered by other income.
On P58 as you point out its being covered by the DMF. So the DMF that the likes of Sailorboy & his first mate rave about as the golden goose is basically being chewed up by funding the day to day operations.
DMF only increased by $2M, fees by $ 11M
Payments to suppliers & employees however increased by $30M.
Rather than put downs which is the go to defence on this thread.
Please explain why this deficit shouldn't be a concern to shareholders?
Ferg?
Cupsy?
If the cashflow statement I referred to displayed a surplus of $50M rather than a $50M deficit what impact would that have had on the P&L?
You can't act like this deficit does not impact the PL substantially.
What would the share price be if the resident fees covered the day to day cost of the villages?
$1.20ish?
Real Gem ...applies here to many many convos going on...Believers like OCA with total disregard to Mr Market's musings over a long period now ...so cant be temporary lack of concentration types ...also nah sayers keep rambling to no avail ...argument is still as strong as it was 6 months ago ...maybe thats the fun ..un winnable debate ...but are there any un winnable debates when money is concerned ...either u make money or u loose ...so as per that standard believers are loosing and nah sayers winning currently .
But it's always fun to enjoy reading both sides ....I have learnt to my peril many times ignoring Mr Market never ends well ...SML !!
Everyone who invests in OCA will eventually win. And good for them investing, for whatever reason.
And the fact that they are in here debating, learning etc puts everyone well ahead of the pack.
I could show you plenty of examples of people who drink their weekends away socialising, yapping on about how much money they make, their golf handy cap etc but squander it all away.
So as far as I'm concerned, if we all participate and learn, then we can all become better investors together.