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  1. #21761
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    Quote Originally Posted by Baa_Baa View Post
    Check out these tailwinds
    The tsunami is coming

  2. #21762
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    Quote Originally Posted by Greekwatchdog View Post
    The tsunami is coming
    Wow that sounds ominous, and is that bad for oca? (tsunamis generally are not good are they?)

  3. #21763
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    Quote Originally Posted by Cupsy View Post
    Wow that sounds ominous, and is that bad for oca? (tsunamis generally are not good are they?)
    This will be good for the sector

  4. #21764
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    Quote Originally Posted by Daytr View Post
    Yep, but it wasn't worth $1.60.
    Correct.

    It was probably worth well north of that.

  5. #21765
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    Quote Originally Posted by ValueNZ View Post
    Correct.

    It was probably worth well north of that.
    Funny guy, if you want to be taken seriously I suggest not posting crap.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  6. #21766
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    Quote Originally Posted by Daytr View Post
    Funny guy, if you want to be taken seriously I suggest not posting crap.
    Not posting crap

    And I seriously could care less if I'm taken seriously on an anonymous forum

  7. #21767
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    Quote Originally Posted by Daytr View Post
    Really!
    Wow just highlights how big their liabilities are.
    Those "liabilities" are better than equity.

  8. #21768
    ... have power to make you great
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    Aug 2020
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    Quote Originally Posted by Baa_Baa View Post
    Check out these tailwinds
    I used to think I wanted to live forever (100+), I cant see myself lasting anywhere near that. People I know who have lived a healthy lifestyle are actually worn out and dying early 80s

  9. #21769
    Membaa
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    Quote Originally Posted by ValueNZ View Post
    Those "liabilities" are better than equity.
    This seems to be a difficult concept for some to get their heads around, just because accounting standards insist on ORA being held on Balance Sheet as a liability.

    They would rather focus on minutiae of operational cashflows, of 'care' that isn't the real business (property), or the debt which is well within acceptable norms of large scale property developers and easily sustainable at secured interest rates.

    They seem immune to any notion of the ORA being non-callable, ever-growing, never repaid by company shareholders, held at no interest, and leveragable for growth. Or the tailwind of massive increases in addressable market for decades to come.

    All because they don't like the person who brought it to their attention, when actually it's been in plain sight since RYM invented it decades ago.

  10. #21770
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    Quote Originally Posted by Baa_Baa View Post
    This seems to be a difficult concept for some to get their heads around, just because accounting standards insist on ORA being held on Balance Sheet as a liability.

    They would rather focus on minutiae of operational cashflows, of 'care' that isn't the real business (property), or the debt which is well within acceptable norms of large scale property developers and easily sustainable at secured interest rates.

    They seem immune to any notion of the ORA being non-callable, ever-growing, never repaid by company shareholders, held at no interest, and leveragable for growth. Or the tailwind of massive increases in addressable market for decades to come.

    All because they don't like the person who brought it to their attention, when actually it's been in plain sight since RYM invented it decades ago.
    Baa_Baa you have a vivid imagination.
    Making up the rational of others.
    You are talented.

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