I think OCA will outperform the market, but that could well be $1.10-$1.20
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I think OCA will outperform the market, but that could well be $1.10-$1.20
Sector not wanted by the brokers
OCA picked by who has turned out not to be the revered broker as I thought (and even you Beagle had some pretty derogoraty comments about them re A2 didn't yu?) and Forbar keep their commitment to Arvida being the house broker / promoter
Message in all that I think
I've had plenty to say about Forbar over the years and none of it has been complementary. House poodle for ARV so I suppose they had to choose that one. This year will be different for HHG and will be OCA's year. All those others brokers don't know what Coutts, Maverick, I and many of us others do...OCA's business model...you can't lose !
ARV, the stock that outperformed the index by over 2x and is currently sitting 2nd of the 5 listed healthcare stocks, performed admirably compared to 40% of the stocks forsyth picked in 2018, but you're right winner, they have to promote ARV don't they... even more worrying is the guys who managed to loose the most (20% under performance!!) have picked OCA as one of their picks... lets hope this year they don't (again) live up to the saying brokers only make you broker.
But hey, no worries, could be worse... OCA could have been like HGH and not been mentioned anywhere by anyone
Seems astonishing to me OCA & other retirement stocks so unloved at moment (esp in this environment when such a defensive share with good div) & wondering if it's been affected by a faulty sense of contagion from drop in Aust housing market. After all OCA (& others) hold significant property assets. However, although much but not all of the Auckland market is pretty flat at the moment, there's been very healthy rises in property values around the regions where OCA also has assets.
Oceania putting ceiling track hoists in Tauranga, a far superior system, just hope they dont reduce staff anymore, they are stressed out enough as it is.
Why facilities are moving towards ceiling hoists | INsiteinsitemagazine.co.nz/2017/05/11/why-facilities-are-moving-towards-ceiling-hoists/
I think that the weakness in retirement shares is reflective of a possible decline in property prices which means people are tending to shy away