Sienna Senior Living Inc T.SIA

Here Is John Zechner On BNN Market Call

[newcoin]

I agree with Bluejay.

https://www.bnnbloomberg.ca/market-call/john-zechner-discusses-sienna-senior-living-inc~2462329

[AmorFatiforlife]

Their occupancy has been improving Q over Q. For some reason this sector isn't as sexy as some of the other ones and doesn't get a lot of love but I don't agree with him in the growth opportunity. I forsee the demand for long term care becoming overwhelming in the next 5 years. Here in BC it's a 2-3 year waiting list already. Boomers are going to be in their 70s and 80s and will

[dogatcat]

Zechner is not a good analyst.  Note that he does not own any of the stocks he recommends as "Top Picks".  I never trust a guy with no skin in the game.   The demographics are unbelievable in Sienna's favour.   And they are backstopped by the Ontario government.  Ontario has no option other than fund Sienna's operation.  They have already

[BlueJay2020]

I totally agree.  I can't think of a better stock that has a 7.5% yield (and pays monthly too).  DIV is higher but doesn't have the backstop of the Ontario government!

[dogatcat]

The dividend is completely safe.  I sold all my stocks and just now started to nibble on SIA when it crashed yesterday.  I bought a nice boat load.   This is like buying a bond with much more tremendous upside!   This IS the stock to own in a crap_ market.  And this crap_ ain't over yet folks.  I buy it and go sleep like a baby.