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Extendicare Inc T.EXE

Alternate Symbol(s):  EXETF | T.EXE.DB.C

Extendicare Inc. is a provider of care and services for seniors across Canada. The Company operates under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. The Company operates through four segments: Long-term Care, Home Health Care, Managed Services and Corporate. Its Long-term Care segment includes over 53 long-term care homes, which it owns and operates in Canada. Its Home Health Care segment operates through its subsidiary, ParaMed, which provides complex nursing care, occupational, physical and speech therapy, and assistance with daily activities. Its Managed Services segment includes its management, consulting and group purchasing divisions. Through the Extendicare Assist division, it provides management and consulting services to third parties, and through the SGP Purchasing Partner Network division, it offers purchasing contracts to other senior care providers for food, capital equipment, furnishings, cleaning, nursing supplies, and more.


TSX:EXE - Post by User

Bullboard Posts
Post by Vega1357on Apr 14, 2020 6:17pm
269 Views
Post# 30909395

I want to report ...

I want to report ...It was about a month ago that I sold all my EXE (I had 43,100 shares) and moved into ALA (not too diversified, I know). I was curious how I'd be doing today had I stayed in EXE so I did he calculation, and my account is worth almost $41,000 more today having made that move. Not all of that amount is due to the share price appreciation of ALA as I have also done some day trading of the stock, but most of it is. I continue to prefer ALA  over EXE as I'm fearful what EXE's future earnings reports are going to look like with several more of their facilities reporting cases of COVID-19 and people taking their loved ones out homes.. I read a report today that ALA's natural gas sales will decline 1% because of the epidemic which by comparison is just a drop in the bucket, and I think that ALA is still good value at current prices. 
Bullboard Posts