You are saying OCA is just passing the percy gully, while on the other hand SKL just reached the percy ridge?
What is winners bowling club doing?
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Oceania financial year nearly completed. No news as to how they went financially so must be doing OK
Underlying profit last year $52m and I don’t think think they’ve given any guidance for this year but hopefully it will be heaps more to justify the hype (my guess $72m underlying earnings)
I see they actually confirmed guidance on May 1st last year ...hmm
I think there's a good reason they haven't given guidance this year and that's because its so variable depending upon how many of the 272 units they (there's that euphemistic term again, "deliver") are actually delivered (AKA more conventionally known as "Sold") to incoming residents.
I think the FY19 number is quite frankly anyone's guess. OCA more a 2020 and beyond story.
Headed back to $1.00 in my opinion as they're just as susceptible to slow sales as SUM other companies are. RYM the next shoe to drop after that.
Correct ratio according to this dog is 6 OCA = 1 SUM.
1cent drop in a very difficult day shows the value of OCA. After having personal experience with OCA, looking at the BoD, looking at the size of the company , reviewing the growth plans , I have huge faith in OCA leaders to deliver what they say ..... an outstanding growing Company , highly regarded , backed by real value bricks and mortar , a blue chip share ,nothing more sure .
You might be being a little too pessimistic there Beagle, as much as accumulators would love it to go back to $1 it's very unlikely now its entered the NZX50, $1.04 should be the floor I reckon. PS-Im happy to be all out of SUM others as of today(For a loss I might add)