care side for me - for my parents; I’m happy to pay additional to make sure my loved ones are looked after. It’s more of an attraction than fiscal will ever be. I’m long on OCA and the sector.
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Thanks - G Dog
One of the draw backs for OCA is that the company is very focused on the care-side of its business.It is absolutely good for the residents, but from a investment perspective, at the end of the day, profit is often what gets investors' money. The report also pointed out lack of staffs and funding from the govt are presenting challenges to the sector. And because of OCA's business model, it is suffering the most out of the 4 listed retirement village operators, and this has been reflected on the SP performance. And in the previous couple years, OCA looked very promising, but in the end, they are selling more, but making less profit.
I realised that the DCF from shareclarity for OCA was not available. is there anyone knows why?
I'm in for the long haul. I applied for $50k. Wonder how much I will get. The said they would accept oversubscription. I wonder how much.
There are many NZX and ASX companies not covered by Share clarity. Some of them are very sucessful but have limited stock market liquidity (like CDI or MCK), some have more liquidity and are well hyped (like TRA) and others again are really big and some of them more and some less successful (like e.g. IFT, ANZ, NAB, TPW).
I guess - as anybody else, Share Clarity needs to decide at some stage what to do and what not to do :): Nobody can do everything - and I would not use the fact whether Share Clarity covers them as indicator for or against any company.
Oversubscribed https://www.nzx.com/announcements/370674