Oceania 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...
Strong 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...
