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Bullboard - Stock Discussion Forum 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... see more

TSX:SIA - Post Discussion

Sienna Senior Living Inc > Yesterday Was a Great Buying Opportunity
View:
Post by joebravo on Sep 22, 2023 8:17am

Yesterday Was a Great Buying Opportunity

I only wish I was able to take advantage, but I don't have unlimited resources, lol.

Can't see this moving lower than this, so hopefully the markets will see the steady, reliable business Sienna offers.
Comment by BlueJay2020 on Sep 22, 2023 9:05am
I suspect there will be an even better buying opportunity in the 10s today.
Comment by Mirko22 on Sep 25, 2023 2:24pm
Cant take too much loss for 100K shares. SIA is heding to $9.50.
Comment by joebravo on Sep 26, 2023 7:43am
The $10's didn't happen, and $9.50??? Definitely not happening. Why the negativity allof a sudden?  There's nothing fundamentally wrong with Sienna. Even if there were a rise in Covid 19 cases, we are not going to have another Pandemic scenario like we did the past 2 years. Put that behind you.  There will be cases.  There will be the flu.  There will be this ...more  
Comment by BlueJay2020 on Sep 26, 2023 3:54pm
Never say never. I predicted we would go into the $10s but my timing was off by a couple of days. I agree there is nothing fundamentally wrong with the company (the opposite in fact) and if it did get to the 9s it would be a fantastic opportunity.
Comment by joebravo on Sep 27, 2023 8:21am
Yes, you are correct.  Never say never, but I still don't understand the selloff being so dramatic. True the markets are all in the crapper, but unless I'm not seeing something, I don't see anything wrong with this investment, other than now being flu season, maybe a little Covid which will never completely go away. Otherwise, as you pointed out, nothing fundamentally wrong with ...more  
Comment by Mirko22 on Sep 27, 2023 4:33pm
It is broad based correction. Hope it stops in October.
Comment by joebravo on Sep 28, 2023 6:18am
I'm not going to say never, but I will say that this is at or close to the bottom, unless macro events occur beyond their control and cause markets to sink further. Sienna fundamentals remain strong, IMO.
Comment by Mirko22 on Sep 29, 2023 5:24pm
i knew there will be downturn. Did not sell 1000K+ shares I have. Will bail out at 10.50. I see more drope in SP. It will take time for recovery.
Comment by Nosepicker22 on Oct 02, 2023 10:15am
Why not just collect dividends while you wait?
Comment by Mirko22 on Oct 02, 2023 12:41pm
9% yield is a red flag. Also few bad quarter will send this stock to 7
Comment by Nosepicker22 on Oct 03, 2023 9:36am
What's the red flag? They haven't missed a dividend payment in a long time no?
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