OCA - Oceania Group - retirement villages

[Daytr]

What do you need to know about trading?

That's more than one post and deserves it's own thread.

Only fools dismiss things just because it's not their bag or more likely from a position of ignorance. It's fine if it's not for them but there's a lot of ways to make money.

Anyway, probably the one biggest thing besides all the technical side, analytical skills etc is to have discipline and admit when you are wrong, which can be easier said than done.

You don't actually have to get it right the majority of the time if you have good discipline, but obviously it helps.

I have three portfolios
1) short term trading derivatives, fx, commodities, indicies etc.
2) share investing short to medium term.
3) Longer term investing where I switch in & out of various portfolios, sectors & indices.

[winner69]

Oceania the star of the day ….share price up 5%

Not a sector thing

ARV up 1%
RYM flat
SUM down 1%

Fans chanting OCEANIA, GO YOUR BEAUTIFUL THING

Bodes well for a Warriors win tomorrow night

[Panda-NZ-]

Interesting history reminder:

Macquarie bank sold their shares in OCA for $1.20 four years ago.

https://www.nzherald.co.nz/business/...YEH4XNRM3IQBA/

The 251 million shares were sold for $1.20 a share in an underwritten sell-down., a 4 per cent discount to the last close of $1.25 on the NZX. Oceania shares' net asset backing at Nov. 30 was $1.15.

Oceania NTA is now $1.42 and share price 60 cents.
I couldn't help myself but get in on the action recently with my own purchase.

[Panda-NZ-]

Controlling runaway costs was my main concern and it looks to be easing with inflation lower helped by less pressure to lift wages.

[bull....]

Wait for bull signal...lol....

Boat already sailed bull ..

Sayonara!!!

good luck , nice bounce from oversold. my trading money was tied up elsewhere.

[X-men]

Where bull??

[bull....]

Where bull??

heaps on dro.asx as i mentioned on black monday thread nearly a 10 bagger for early birds , 100 % + return in a mth when i mentioned it. im out now though , also woodside which ties up alot of funds and few others so i missed oca bounce i be back to trade it again some day.

[ValueNZ]

Interesting history reminder:

Macquarie bank sold their shares in OCA for $1.20 four years ago.

https://www.nzherald.co.nz/business/...YEH4XNRM3IQBA/



Oceania NTA is now $1.42 and share price 60 cents.
I couldn't help myself but get in on the action recently with my own purchase.

No need - the market is assessing it's value for me. 59 cents.

Panda, I thought you were a EMH nut. Price = Value, as you're saying above.

[ValueNZ]

That's more than one post and deserves it's own thread.

Only fools dismiss things just because it's not their bag or more likely from a position of ignorance. It's fine if it's not for them but there's a lot of ways to make money.

Anyway, probably the one biggest thing besides all the technical side, analytical skills etc is to have discipline and admit when you are wrong, which can be easier said than done.

You don't actually have to get it right the majority of the time if you have good discipline, but obviously it helps.

I have three portfolios
1) short term trading derivatives, fx, commodities, indicies etc.
2) share investing short to medium term.
3) Longer term investing where I switch in & out of various portfolios, sectors & indices.

Hey Daytr, what are the CAGR's of each portfolio across say 6 years. If one is better than the others, why not just stick with that one.

[ValueNZ]

"Politics and economics are two such fields, and investing is another. No one can predict reliably what the future holds in these fields, but many people overrate their ability and attempt to do so nevertheless" - Howard Marks

Reminds me of a certain someone who likes to post here....