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Savaria Corp T.SIS

Alternate Symbol(s):  SISXF

Savaria Corporation is a Canada-based company engaged in the accessibility industry. The Company provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its segments include Accessibility and Patient Care. It designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings. It operates a sales network of dealers worldwide and direct sales offices in North America, Europe (United Kingdom, The Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic), Australia and China.


TSX:SIS - Post by User

Bullboard Posts
Post by mrcashflowon Nov 19, 2017 12:18pm
296 Views
Post# 26992045

New Investor

New Investor    I recently took a position in this company on Friday(Nov,17th,2017). I really like the growth potential of Savaria. This company has shown true growth over the past few years  (Savaria stock has risen 338% over the past 3 years) I stilll see more growth potential on the horizon. The demographic sector they cater to is growing by leaps and bounds. Every day about 10,000 people in North America will turn 65 years of age. That trend will continue for the next 19 years running, as the Baby Boomers head off for retirement.  They will be looking to keep active.. Purchasing items they need to stay mobile, Stairlifts, wheel chair lifts and elevators. as well as minivan conversions. One thing about boomers, they are likely to have nothing hold them back from enjoying their retirement, and will do whatever is nessessary to stay mobile. Cost to stay mobile, and active during their retirement years will never be an issue. Savaria is nicely positioned to care for our aging population's mobility needs, and should continue to add to their already impressive earnings.. Savaria's most recent earnings report is what brought me here. I'm definitely a shareholder here for a while. 

May future endeavors bring riches beyond your wildest dreams
MRCF
Bullboard Posts