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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Comment by QuantGuruon Dec 18, 2018 12:36pm

33 Views

Post# 29129714

RE:RE:RE:Why sell EXE?

It may look tempting but here are some redflags for me: Slow/no/negative growth, lack of vision and strategic initiatives, increasing interest rates affecting both cost of debt (which is significant for exe) and making divvy less attractive, and overall recession likelihood/sentiment.

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@ the Bell: TSX advances to start off Christmas trading week