OCA - Oceania Group - retirement villages

[winner69]

Warriors had a last gasp 30-28 win over Sharks last night. Sent retiring guys out in a blaze of glory and cheered the fans up. They now reflect on what could have been if things had gone their way throughout the season. ….and looking forward to next year being ‘it’s our year’.

Oceania share price fell 3 cents this week to close at 81 cents. Followers were rather quiet this week but a few reminded all the future is all good. Bit of a void at the moment with no company news until November so share price wil be driven by market sentiment.

Casual Observer says Warriors will reflect on the year that was and bulk up their talent for next season. Oceania share price dependent on market sentiment and hopefully they’ll produce a good result in November.

Next month or two going to be a quiet time for both Warrior/Oceania fans/followers

[winner69]

Ryman seem to be finding sales hardtop come by in these ‘challenging’ times and even say ““Given the continued uncertainty around market conditions in the near term, we believe a prudent step is to seek amendments to some of our financial covenant levels for upcoming testing periods. We are in positive discussions with our lenders who remain very supportive of the business. We expect to update the market on the outcome of this in the coming weeks.”

This doesn’t bode well for OCA half year announcement

In a few years time though OCA might benefit from RYM putting prices uo

[X-men]

Look like buyers are thinning out ..79c next support

[winner69]

Development not keeping up with demand in sector say JLL …..report here and lots of charts to salivate over
https://www.jll.nz/content/dam/jll-c...paper-2024.pdf

And a Retirement Commision study shows with the declines in home ownership and an ageing population modelling predicts there will be around 600,000 New Zealanders aged 65 and over needing to rent a home by 2048 – a 100% increase on 2022 levels.

The silver tsunami going to make things difficult in NZ for both old home owners and renters

[Perky]

Interesting..

If you bought ARV for $1.70 and then found some loose change down the back of the couch and bought OCA for $1.20 and created a business called ARVOCA which cost you $2.90

You would have a similar size business to RYM or SUM at a pretty good price.
No exposure to Australia…but maybe that’s an advantage?

[X-men]

No support...sp could dip back under 80c

[winner69]

No support...sp could dip back under 80c

Sure has X-nen …it’s 78c at the moment

Maybe punters worried there might be a capital raise soon …… esp since that topic seems to building steam with RYM after their announcement yesterday

[Daytr]

Interesting..

If you bought ARV for $1.70 and then found some loose change down the back of the couch and bought OCA for $1.20 and created a business called ARVOCA which cost you $2.90

You would have a similar size business to RYM or SUM at a pretty good price.
No exposure to Australia…but maybe that’s an advantage?

I think exposure to Australia has been a good thing as their property market hasn't had the same slowdown as NZ has.

Also RYM have a considerably lower staff per resident ratio than OCA, not sure about ARV.

[bottomfeeder]

Sure has X-nen …it’s 78c at the moment

Maybe punters worried there might be a capital raise soon …… esp since that topic seems to building steam with RYM after their announcement yesterday

Out come the naysayers. The old capital raise? again. I think its the old pump and dump. Sold quite a lot in the eighties, will be looking to buy back in the middle sixties.

[winner69]

Seems few Warriors fans have lost the faith after this bad season and moving on ……but if next season starts OK they’ll be back

Maybe that’s what happening with some Oceania supporters now …. had enough and selling up. But they might rejoin the fan club if things look better in the future