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Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Sienna Senior Living Inc. is a Canada-based seniors' living provider. The Company serves the continuum of independent living (IL), independent supportive living (ISL), assisted living (AL), memory care and long-term care (LTC) through the ownership and operation of seniors' living residences in the Provinces of British Columbia, Saskatchewan and Ontario. It offers a full range of seniors’ living options, including independent living and assisted living under its Aspira retirement brand, long-term care, and specialized programs and services. It owns and operates a total of 81 seniors' living residences: 39 retirement residences, including its joint venture interest in 12 residences in Ontario and Saskatchewan; 34 LTC residences; and eight seniors' living residences providing both private-pay IL and AL and funded LTC, including its joint ownership in two residences in British Columbia. It also offers management services to 11 seniors' living residences in British Columbia and Ontario.


TSX:SIA - Post by User

Comment by AmorFatiforlifeon Jun 16, 2022 10:00pm
164 Views
Post# 34763309

RE:7.6% yield too good to miss

RE:7.6% yield too good to missAnd they are buying back shares. May take us some time but I forsee this hitting $20+ in the next 2-3 years. As long as occupancy rates increase and stay consistent nobody can deny that Sienna knows how to run a tight ship and make money. They just closed out those other facilities so give them a year to convert them over to their business model and they will be profitable as well. Macro market is ugly, but I'll take a 7.6% yield all day. Hopefully we don't get to 2020 lows, but I'm ready to buy if we do.
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