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Chartwell Retirement Residences T.CSH.UN

Alternate Symbol(s):  CWSRF

Healthcare
Chartwell Retirement Residences is a Canada-based open-ended real estate trust. The Company is engaged in the business of serving and caring for Canada’s seniors. The Company owns and operates a range of seniors housing residences, from independent supportive living through assisted living to long term care. The Company operates through the Retirement Operations segment. It provides resident services and care in settings, such as independent living apartments (IL), independent supportive living-apartments (ISLA), independent supportive living-suites (ISLS), assisted living (AL), and long term care (LTC), among others. The Company’s portfolio groupings are the same property; acquisitions and development; and dispositions and repositioning. Its Retirement Operations property portfolio includes Western Canada, Ontario, Quebec, and others. The Company serves over 25,000 residents in four provinces across the country.


TSX:CSH.UN - Post by User

Chartwell Retirement Residences
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Comment by dildonmeon Mar 23, 2009 11:31am
351 Views
Post# 15863008

nurti and death awaits............

nurti and death awaits............now having said that on the takeover you must understand these guys move slower then anyone you accustomed too. the stock trades by appointment only that is one reason it does not bounce with the market. heck that POS BMO  was down to $24 and was looking to sink off earnings and then the market carried that up 12 points same goes for others. they will still cut their divvy hands down 100%. but at least you get a chance to get out. these guys had a bid for a takeover at $16.50 awhile back they were greedy and looking for $18. they got their lunch handed to them. now their NAV is around $8 and they will be lucky to get $10.

Now they have many deals coming in the pipeline is what I'm hearing on my end and that can only pad their bottom line. yet like Babboo would say in seinfield. "where are the peoople there are no peeeople buying" The CEO is a very bad man..lol...

it is a travesty to watch other POS stocks that will surely drop when the market sinks another 1500 points in the weeks to come go up now and we sit at the mercy of who is holding the market. RBC and BMO are upt to something on this one I hear it daily.
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