New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Oceania Healthcare's (OCA) FY24 sales update was below our expectations.</li><li>2H24 sales softened from a solid 1H24 and is illustrative of the current subdued housing market. </li><li>While recent commentary on its ‘The Helier’ development has been constructive, it appears the remainder of its new sales inventory is proving a tougher sell in the current housing market. </li></ul>

Oceania Healthcare's (OCA) FY24 sales update was below our expectations.2H24 sales softened from a solid 1H24 and is illustrative of the current subdued housing market. While recent commentary on its ‘The Helier’ development has been constructive, it appears the remainder of its new sales inventory is proving a tougher sell in the current housing market. 

Oceania Healthcare - Turnaround Delayed but Not Cancelled, Again