It was going to be as good as the reaction. Thankfully we have a lot of ocean around us to protect. There was way too much "panic". Great for those who had the guts too play long and buy at all time lows.
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It was going to be as good as the reaction. Thankfully we have a lot of ocean around us to protect. There was way too much "panic". Great for those who had the guts too play long and buy at all time lows.
"Coulda shoulda woulda"....that was at a stage when there was fear that Covid was preparing to rip through NZ retirement villages making them akin to mini Chernobyls...then they abruptly turned out mostly to be little oases for the residents.
Of course Covid did rip through retirement homes overseas with an horrendous death toll and suffering.
or buy all 100 then wait until the Covid storm is well passed .. ;)
the way things are likely headed, Govt will be needing to rent & hire anything
that even looks like it has a spot for resting heads .. ;)
Even bunks installed in porta-loos may be forced onto the desperate list .. ;)
OCA had an Exec LTI plan .... the hurdle for them to get rich was Underlying Earnings to grow at 35% pa from 2017 (eps 5.6 cents) through to May 2020.
Implied target for May 2020 therefore was eps of 13.8 cents --- they achieved 7.0%
Big fail - achieved 7.7% pa v target of 35% pa. Hope no incentives were paid out for trying hard and doing ones best
They have a new LTIP in place - growth from F20 blah blah - but they won't tell me what the hurdle rate is