Extendicare Inc T.EXE

Alternate Symbol(s): EXETF

Healthcare Medical Care

Extendicare Inc. is a provider of care and services for seniors across Canada. The Company operates under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. The Company operates through four segments: Long-term Care, Home Health Care, Managed Services and Corporate. Its Long-term Care segment includes over 53 long-term care homes, which it owns and operates in Canada. Its Home Health Care segment operates through its subsidiary, ParaMed, which provides complex nursing care, occupational, physical and speech therapy, and assistance with daily activities. Its Managed Services segment includes its management, consulting and group purchasing divisions. Through the Extendicare Assist division, it provides management and consulting services to third parties, and through the SGP Purchasing Partner Network division, it offers purchasing contracts to other senior care providers for food, capital equipment, furnishings, cleaning, nursing supplies, and more.

TSX:EXE - Post by User

Extendicare Inc

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Post by theancienton Jun 06, 2016 12:01pm

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Post# 24937997

RE:EXE very oversold

This thing is supported by the divy, if divy stays at $0.48, $8.00 is a solid support level for a yield of 6%, IF this thing closed below $8.00, it might go down to $7.38 for a support yield of 6.5%.
If they cut the divy, which I don't think they will, the stock price can go down to a level that can give you a 7.5% yield on the new divy. VERY slim chance of that happening, this is just MHO. LOL, CHEERS GLTA.

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