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Bullboard - Stock Discussion Forum Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Sienna Senior Living Inc is one of the largest owners of seniors' housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other. LTC business division consists of consists of 35 LTC residences in the Province of Ontario, eight seniors' living residences located in the Province of British Columbia and the LTC management services business. Retirement segment includes 27 RRs, five of which are located in the Province of British Columbia and 22 of which are located in the Province of Ontario, and the RR management services business. The group derives majority of revenue from LTC segment.

The Market Herald Price Sensitive
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Sienna Senior Living Inc > 7.6% yield too good to miss
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7.6% yield too good to miss

BlueJay2020 (40) | June 16, 2022 06:14 pm

Added more today and happy to get paid to wait...

RE:7.6% yield too good to miss

AmorFatiforlife (16) | June 16, 2022 10:00 pm

And 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.