Haha...classic bull..that why I like about u.....nothing... nothing at all
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Haha...classic bull..that why I like about u.....nothing... nothing at all
Basically the article is another evidence, as we discussed about the overseas riches moved to NZ....that will support n push NZ assests up
On the article said...there are number of riches moving to NZ
More people are currently leaving NZ than coming in and on top of that more NZ residents are leaving than coming in. doesn’t seem too good for OCA or any property share to me. Still hold tho.
Sure, was just point out stories of loads of foreigners moving to safe haven NZ aren't really supported by the stats, in fact the opposite appears to be true.
And also you are kidding yourself if you think just because there is an aging population the share price is going to out perform. Every man and his dog knows about these demographic trends and the market is awash with capital fighting for a slice of the pie. I wouldn't be surprised if retirement village operators under perform the market.
That said OCA is currently one of the few focusing on care and I hold.
If you have some insights please feel free to share..
Most Experienced in aged care, able to cross-sell same or more than other players, land bank for 2000 units, consented and potential to convert suites to villas (not all have this luxury),
What they don’t have is enough experience in property play (self-assessed by the Board), sites/growth in South Island, and easy entry path in other markets.
Agree?