Cool story bro.... do you have any insight regarding the steady...

First 28 Last

Share
Profile

Follow
Mkr

2,156 Posts.

65

28/11/18

20:37

Post #: 36677461
Share

Originally posted by PortfolioPlus ↑

MKR, AOG are essentially into retirement living (ILU's and SA's) and not so much aged care - although their business model is going to take them there via the 'in vogue' methodology of combining ILU's with aged care beds, a la the newly opened Newstead in Brisbane.

But right now they have just 406 aged care beds with an additional 561 in the development pipeline. A drop in the bucket compared to Regis and Japara...not to mention the NFP's...particularly the church based entities. I cannot find the individual bed numbers for LLC or SGP, but the NZ based retirement companies (operating on the DMF model) have many more aged care beds than AOG. Ryman have 3,367 beds, Arvida 1743 and Summerset soem 858.

Sure AOG will cop some of the 'spray' and found somewhat guilty by default. The media, particularly the ABC and Fairfax hate AOG, and their bias clearly shows. I mean, even today, they cannot comment on AOG without mention of the "poo jogger" who was an AOG executive. It's been well over 6 months since he was dismissed and what relevance does it have to AOG other than been a good lead-in story. Take their comment about Geoff Grady likely to cop flak at the AGM..and their comment "he may need to be a fast runner to avoid the shareholder wrath, but he knows who to call on for that".

We might have a democratic right to a free press...but we're also entitled to far better quality reporting than the chardonnay swilling 'greenies' at the ABC and the boofheads at Fairfax.

Expand

Cool story bro.... do you have any insight regarding the steady increase in shorts??

AOG Price at posting: $1.64 Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 1 more message in this thread...

First 28 Last

Add AOG (ASX) to my watchlist

Cool story bro.... do you have any insight regarding the steady...

Top Stories

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Resolute shares bounce back as second payment made to Mali government to secure workers' release

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Featured News