Yes, sector should do well if punters stay in sector but probably more will go to RYM and SUM and even ARV than OCA seeing they are more loved by market.
Printable View
Yeah...NAH...the value will shine through...MET was a diamond in the rough....shareholders will be looking for something similar on similar compelling fundmental's.
A lot of that money will flow OCA's way in my opinion (not just words...backed by action, I bought even more today). Strong eps growth coming in the years ahead and dirt cheap already on covid adjusted fundamental's. TA looks great too !
You can't have too many :t_up: My #1 investment position :t_up:
im out now i had 1.20 as resistance and its overbrought on the daily at over 80 so good luck everyone. i brought on technicals only have stated on here im not big on the fundamentals of the company overall think sum others are better
Harbour Asset selling SUM ....probably seen the light of day and buying into the bargain that is OCA
They heard the cries of ‘you can’t have too many Oceania’ echoing around the market
Pretty good judge of fair value are Harbour. I sold out at $9 earlier this year too and I reckon that's top dollar until they can prove they can sell HEAPS more per annum than they have been in recent years. One good quarters sales results that come out next week is not proof, they need to consistently sell higher numbers per annum and that's been the real Achilles heel of the company in recent years.
Difference between you and I bull is I believe in the fundamental's, the business model and the technical's also look good which confirms my thesis.
Stay down... down boy ... down... cries to no avail...sorry ... i remember reading the "Passionless people" only to find the younger generation around me speaking of their passions... shock ... has ZEALANDIA changed and now all the passionless people are to found in ? rest homes!!!
and my point is? nothing really good to be alive on a lovely spring day.. suffering from to much sun shine and some very nice property and retail stock values on the NZX.
Maverick and his wingman Beagle dog do it again.
From Thursday last week when the share price was $1.05. Research out this week by a major broker picking a share price of $1.30 looked like half drunk monkey stuff to me but at least the drunk monkey's generally seem to be starting to sober up so I might have a beverage or two to celebrate.
"beverage or two to celebrate."
do we all want this stock to go up? do we? do we what.....
the smart money follows the smart money ... till its not..
Long term story this one mate...the recent rerating of 14 cents in the last 6 trading days is just the first few drunk monkey's starting to sober up. Once Credit Suisse see the first half results in Jan 2021 they're going to have to update and upgrade their research dramatically. Could easily be over $1.30 well before then because its really worth $2.07 in my opinion...sometime in 2022 or most likely quite a bit earlier.
https://www.nzherald.co.nz/business/...ectid=12369966
Dan Stratful, investment adviser with Forsyth Barr, said: "When the Metlifecare shareholders get their money back, a billion dollars of it, you generally find they will rotate it back into the retirement sector. And that sector is being helped at the moment by a buoyant housing market, with the September figures looking so good."
"Could easily be over $1.30 well before then because its really worth $2.07 in my opinion...sometime in 2022 or most likely quite a bit earlier."
well... we might buy a little more next week... just a little more... temping.. temping... i was a bit concerned about being stuck in this little paradise till 2022... not so much now.. not so much... perfect spring day..i do wish holders the very best on this one. Oh that us too... im not following the blood hound on every stock... its coincidence ...
down futures recovering.. pity..
well i hear a voice calling me to dinner...