OCA - Oceania Group - retirement villages

[nztx]

Delusion..only dumb holders that keep wishing the share price down ������

Do you have a link to that old "Ying Tong Song" by chance ?

we need some music to accompany the entertainment

The 1812 might scare some too much ..

[winner69]

Hey Value ….was that you picking up the 50 cent ones today

If so well done

[winner69]

Market Close report had this bit -

Small-cap aged care operator Radius Residential Care posted the day’s biggest gain across the main board, climbing 8.5%, or 1.2 cents, to 15.4 cents after Forsyth Barr started covering the stock, and pointed to long-term upside from an ageing population and shortfall of care beds.

Among other retirement village and aged care operators, Ryman Healthcare gained 3.3% to $3.75 on a volume of 1.6m, Summerset Holdings advanced 1.2% to $9.26 and Arvida rose 2.2% to 93 cents, while Oceania Healthcare was unchanged at 51 cents

Seems OCA still at bottom of pecking order

[Rawz]

Market Close report had this bit -

Small-cap aged care operator Radius Residential Care posted the day’s biggest gain across the main board, climbing 8.5%, or 1.2 cents, to 15.4 cents after Forsyth Barr started covering the stock, and pointed to long-term upside from an ageing population and shortfall of care beds.

Among other retirement village and aged care operators, Ryman Healthcare gained 3.3% to $3.75 on a volume of 1.6m, Summerset Holdings advanced 1.2% to $9.26 and Arvida rose 2.2% to 93 cents, while Oceania Healthcare was unchanged at 51 cents

Seems OCA still at bottom of pecking order

Not good winner. Or good? depends how you view money and things

[winner69]

Not good winner. Or good? depends how you view money and things

They might get that 42 yet

[Baa_Baa]

Seems OCA still at bottom of pecking order

Comparatively, and somewhat amazingly, RYM is actually at the bottom of the pecking order. Talk about a fall from grace! OCA are next though, ARV a bit above that and SUM way above, but flatlining. This sector has been absolutely hammered, forsaken and is now left to retail to squabble over the daily share prices.

It might be helpful for some who are watching the OCA market cap implosion, and might want to position for the inevitable return of the property market appreciation and interest rate reductions, that OCA trades are NOT dominated by insto's selling anymore. In fact it's a playground for the minnows.

The course of trades recently is showing that the daily trading is largely dominated by very low value and volume trades, very low. These are swinging the SP around 2-3 cents per day, but also down on aggregate. This is an indicator imo that the insto's have left the market to the retail, and the majority of retail that are left are trading parcels in the 10's or small 100's of dollars, with a few in the small 1000's.

This is a bottoming signal in the SP, though it could go on for some time yet. Chances of filling a substantial buy, or sell, at a fixed price are virtually zero.

Meanwhile, anyone who is remotely interested in getting some OCA, or some more, or the other RV's for that matter, would be well place to exercise some patience. There is nothing in the latest economic situation or forecasts to suggest that we won't get our fill or accumulation at even lower prices in the near/medium future.

As a friend said recently, and to paraphrase a Buffett saying "when it's raining gold, don't go outside with a thimble".

Or as someone else said that I can't remember, "Don't waste a good recession".

[Balance]

They might get that 42 yet

Notice how the instos are allowing the bids to build up before selling down?

The 300k+ odd at 50c must be looking tempting for one of them to provide.

[Mrbuyit]

Sold off my ATM last week at 7.55 and picked up some OCA at .51-.52

Time will tell if this turns out to be a garbage move or not..

[nztx]

Fancy thinking that there was huge gold to be made on NZX in the middle of a recessionary blizzard where most of the indicators are mostly pointing south and even the bravest of Comrades have gone underground into the safety of one of Robbo's recently excavated deep caverns

[Balance]

Index rebalancing on NZX today.