-
07-07-2020, 08:23 AM
#5931
Originally Posted by Beagle
Once we get some more certainty around this MET situation I think that will be the catalyst for a (potentially), significant rerating of OCA..
Why would the money go into OCA rather than one of the others?
Is it because of all the operators, they have stayed down after the covid dip? (As per post #5896.)
Just trying to understand the thinking here.
-
07-07-2020, 08:26 AM
#5932
Sector yah aw......
Some funds need to be allocated on healthcare, real estate, consumer staples, tech., Financial, sex toys products..lol
-
07-07-2020, 08:54 AM
#5933
Originally Posted by dobby41
Why would the money go into OCA rather than one of the others?
Is it because of all the operators, they have stayed down after the covid dip? (As per post #5896.)
Just trying to understand the thinking here.
Might be as simple as ‘wishful thinking’ dobby ......as I run for cover
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
07-07-2020, 09:24 AM
#5934
Originally Posted by dobby41
Why would the money go into OCA rather than one of the others?
Is it because of all the operators, they have stayed down after the covid dip? (As per post #5896.)
Just trying to understand the thinking here.
#5923 Extract A takeover of a N.Z. retirement company is likely to see a material portion of that capital released reinvested into an alternative retirement company in N.Z.
I didn't say OCA would be favoured over the others BUT the fact of the matter is it will be the only retirement company left trading at under NTA, (although this may no longer be the case very shortly). The underlying PE, dividend yield and share price proximity to NTA is the best of the sector. Next best is ARV trading at a 17% premium to NTA and a dividend yield of 3.9%. I am sure some money will flow there and to SUM and RYM as well.
Last edited by Beagle; 07-07-2020 at 09:26 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
07-07-2020, 09:58 AM
#5935
Originally Posted by Beagle
I didn't say OCA would be favoured over the others BUT the fact of the matter is it will be the only retirement company left trading at under NTA, (although this may no longer be the case very shortly). The underlying PE, dividend yield and share price proximity to NTA is the best of the sector. Next best is ARV trading at a 17% premium to NTA and a dividend yield of 3.9%. I am sure some money will flow there and to SUM and RYM as well.
Thanks for that.
-
07-07-2020, 10:00 AM
#5936
Yes , a friends already indicated he will put his (big) gains into SUM, with quality and safety in mind, in this brave new world.
-
07-07-2020, 10:04 AM
#5937
Originally Posted by Joshuatree
Yes , a friends already indicated he will put his (big) gains into SUM, with quality and safety in mind, in this brave new world.
Think I’ll be doing the same JT
At least you know what you getting with SUM ....in three years time OCA still might be the gunna to be great story
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
07-07-2020, 10:06 AM
#5938
Originally Posted by Joshuatree
Yes , a friends already indicated he will put his (big) gains into SUM, with quality and safety in mind, in this brave new world.
The one that can only sell SUM of the units they build and get SUM of the consents they apply for...but no worries, let's expand across the ditch, surely the grass is greener over there
Last edited by Beagle; 07-07-2020 at 10:08 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
07-07-2020, 11:38 AM
#5939
Crikey... both OCA and PLX at 97c when I checked this morning......Spooky!!
-
07-07-2020, 11:42 AM
#5940
yea spooky took of last week why i was filling my boots for my trade
one step ahead of the herd
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks