NAV (Net Adjusted Value) per share is now $1.06 ....up from $1.04 six months ago.
That’s good
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NAV (Net Adjusted Value) per share is now $1.06 ....up from $1.04 six months ago.
That’s good
i think looking at net profit for a development company is missing the point , they are spending heaps money ( costs) to do the care bed conversions more costs less profit . cashflow is more important as they are recycling it into more development.
Hopefully people had higher expectations and a buying opportunity presents itself closer to £1.
I still prefer ARV, but OCA looks very solid and is setting itself up for growth (not here yet)
I live near the Meadowbank development, which looks very fancy like a retirement resort and I've been trying to convince my mother all year that when she's ready, this is the place for her. It's right by the train station with only minutes to Britomart, and even the bus route has been altered recently so it can better service this area.
The giant crane that has dominated the view from my deck over the last year or two has gone now - it was so big and impressive that is was named Cedric the Crane by the local school children :)
And that is my non financial assessment input for the morning!
Sure is - but what did that other listed dog go up by at their half year out of curiosity?
I thought OCA was the cheapest in the sector but on an increasing number of metrics indicate it is not
(price to asset value, price to NAV/implied value, dividend yield and the list seems to be getting bigger)
Need a great conference call to make us all feel it is going to be bigly and better over the coming months
Should not have paid $1.04 at christmas, that may gonna look expensive by the end of today...
Should have topped up on ARV instead
Earl says, We continue to deliver ALL of the development projects in our pipeline on time and on budget, what more can you ask for in a tough environment.