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Extendicare Inc T.EXE

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

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

Post by flamingogoldon Sep 16, 2022 12:44pm
493 Views
Post# 34967222

The future of LTC

The future of LTCAnyone who believes governments will be able to shutter the for-profit long term care home sector is dreaming. Post-covid governments are up to their eyeballs in debt.

Despite all the criticism, the current long term care system, while far from perfect, works. The next 10-15 years will see a huge jump in demand for LTC and our Federal/Provincial governments do not have the resources to take it upon themselves alone.

EXE stock is now entering oversold territory. Any buys below $7 will eventually be green and you get paid to wait on top. Win-win.
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