Oceania - The Value PlayOceania shares were a touch higher after reporting a mixed result, with operating earnings holding up due to sales margins, while sales volume is starting to slow. Oceania cut its full-year dividend to 3.2 cents per share, as the next couple years will appear challenging for the business given rising interest rates.
We still view Oceania as a value retirement village play, trading at an attractive valuation to its peers, with Net Tangible Asset per share slip down to $1.33 - with room to fall further over the near-term, but Oceania trading -40% below that negativity is priced in. Read more at research.blackbull.com
OCA trade ideas
Ociania HealthcareStrong Buy
Missed the Alert Arh!
Market has taken a bit of a drop and could go lower imho, but hasn't seemed to have effected Ociania.
Quick Summary Board
Market Screener:.... Buy
Investing.com:...... Buy
EMA - Trade:......... Buy
Mv Ave -Trade:...... Buy
Macd - Trade:....... Buy
Volume > Yest:...... Sell
Rsi > 55 < 88:....... Buy
Intrinsic Val Ann:... Buy
Intrinsic Val TTM:... Buy
Criteria %:... 33%
Total Score: 8 Out of 9 Buy
Next Eent: FY 2021 (Projected) Earnings Release
Date: 29/7/2021
Days Away: 178
Income last 5 years
(ttm): -$13,642,000.00
2020: -$13,640,000.00
2019: $45,370,000.00
2018: $76,970,000.00
2017: $44,880,000.00
2016: $48,650,000.00
Net Profit Margin (ttm) -7.04%
Vix: 9.53% Market - Bearish
Friday, 22 January 2021
Oceania Healthcare announced today an unaudited EBITDA of $35.4 million for the six months ended 30 November 2020, a 2.0% ($0.7m) increase compared to the prior corresponding period
Description
Oceania Healthcare Limited owns and operates various aged care centers and retirement villages in New Zealand. The company operates through three segments: Care Operations, Village Operations, and Other. It provides rest home, hospital, dementia, respite, and palliative/end of life care; and independent retirement village living at approximately 40 locations. The company was formerly known as Retirement Care (NZ) Limited and changed its name to Oceania Healthcare Limited in September 2014. Oceania Healthcare Limited was founded in 2005 and is based in Auckland, New Zealand.
Hope this was helpful and helps make you money : )