OCA - Oceania Group - retirement villages

[ValueNZ]

you would need to know the standard deviation of his cagr to know if it has bee wild risk taking or sensible investing. of course the same could be said for me or anyone

Standard deviation is NOT a good measure of risk.

[ValueNZ]

what is the lesson here for everyone?

Dont wait around and just buy?

The lesson is to not wait around trying to get a better price, when you can already buy at a great price. The price you pay is of course very important, but it's not necessarily the best idea taking the risk of not buying at the current price as it may shoot up quickly as it has done with OCA.

It's like if someone offered you $1 at 15c, and you said "Well it was 13c last week, I think I'll wait for it to drop back down." Well it might happen, is it worth taking the risk when there is already a great value proposition at the current price?

Anyway it's a mistake we all can easily make, SailorRob thought it was worth mentioning his mistake here.

[Cupsy]

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

Well the amount ppl poopood sailors ideas he would be entitled to some "I told you so" imo. Not sure he would do that though, a lot of you miss the forest for the trees in a lot of what he says. Still not sure what his last ban was for?

[X-men]

NZx is stuffed! All companies are being taken over....

Money from arvida...will go to OCA...sum and rym

[Perky]

Sailor got banned because he was always on starboard

When sailboats approach on different tacks the boat on the starboard is the stand on vessel with right of way.

[Cupsy]

Sailor got banned because he was always on starboard

When sailboats approach on different tacks the boat on the starboard is the stand on vessel with right of way.

What is that supposed to mean?

[Balance]

Congratulations to those who kept their conviction and bought at the low 50c! Well done!

[Daytr]

Sailor got banned because he was always on starboard

When sailboats approach on different tacks the boat on the starboard is the stand on vessel with right of way.

He always 'thought' he was on starboard even when on port or cast in irons.

[Perky]

Sailor was always right… its a joke or pisstake.

because a boat can’t sail directly into wind they zig zag up the course spending time on starboard tack and port tack
when you are on starboard tack you have right of way….when you are on port tack…you have to give way to other boats on starboard tack

its like the rules of the road but for on the water

discl. I’m a sailor…I would say SR is a much superior investor than me….but I reckon I would keep him honest in a yacht race lol
discl. hold plenty oca

[Toddy]

Yeah, good on those investors that kept the faith.
Was always going to go up, but I was thinking it would be another year away as the NZ economy is so sick.

But we can always bank on those offshore investors with real money showing us the way with buying up cheap investments.

Investing has always been about timing. Which I am completely average at.