OCA - Oceania Group - retirement villages

[Rawz]

reckon going higher today... end the day at $1?

The Arvida takeover sets a precedent of 0.83x of NTA which for OCA is $1.41.

So OCA takeover price is $1.41 x 0.83= $1.17 per share.

Say OCA should trade at a 20%-30% discount to takeover price then SP can be $0.82-$0.93 per share

Congrats holders. Whatever happens the bottom is surely in and onwards and upwards

[allfromacell]

Makes you wonder if the recent boost in SP for the sector has been driven by takeover rumors.

[Rawz]

Good to see the conviction paid off for Value. Well played that man.
Needs to take a victory lap or 2...

Thank goodness SR isnt here... would be unbearable... lol

SR bought at the bottom and bet big by all accounts. He deserves a lot of credit. Who knows if he was here maybe he would be humble? lol

And yes credit to ValueNZ sounds like he loaded up recently as well.

Happy for them both.

Lets all get rich together

[Bikeguy]

SR bought at the bottom and bet big by all accounts. He deserves a lot of credit. Who knows if he was here maybe he would be humble? lol

And yes credit to ValueNZ sounds like he loaded up recently as well.

Happy for them both.

Lets all get rich together

Good points, can learn or receive valuable information even if the person delivering it is not someone we would particularly like…

[winner69]

An overseas outfit liked Arvida’s float so buying it

Just need the market to appreciate Oceania has a float (a big one) as well …and acknowledge floats are very valuable

[Daytr]

SR bought at the bottom and bet big by all accounts. He deserves a lot of credit. Who knows if he was here maybe he would be humble? lol

And yes credit to ValueNZ sounds like he loaded up recently as well.

Happy for them both.

Lets all get rich together

Surely not? SR & VNZ want the price to go down.
This is that last thing they have said they want... until it's not of course.

SR also said he hadn't gone big and it was a small part of his portfolio, unless of course he has bought since.

SR also said he wouldn't sell for a takeover premium as it would likely undervalue the long term value of the company.

Anyway we'll done to everyone who has bought recently.

So ARV take over is at a 65% premium.
A 65% premium to OCAs shareprice is 99c.
Hmmm where I have seen that number before. 😉

[thegreatestben]

Great start to the week, open looking healthy. I’m really pleased for VNZ, I think we should all be proud to see young kiwi’s taking this path.

[ValueNZ]

With all the talk on here, for a moment I thought it was OCA being taken over

And yes Daytr, I still prefer a lower price.

It is also a significant portion of SR's portfolio.

[ValueNZ]

SR bought at the bottom and bet big by all accounts. He deserves a lot of credit. Who knows if he was here maybe he would be humble? lol

And yes credit to ValueNZ sounds like he loaded up recently as well.

Happy for them both.

Lets all get rich together

Together? You've bought some OCA?

[ValueNZ]

SR also said he hadn't gone big and it was a small part of his portfolio, unless of course he has bought since.

It was a small part of his portfolio but he has bought quite a lot in the low 50's, his average price is now 63c and OCA makes up 10%+ of his portfolio.

He was going to allocate an additional 2-3% of his portfolio in OCA on Friday, but didn't like seeing the price go up. Massive lesson there for everyone...