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Chartwell Retirement Residences T.CSH.UN

Alternate Symbol(s):  CWSRF

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

Comment by Safetraderon Oct 05, 2021 12:37pm
247 Views
Post# 33967385

RE:RE:Surprised!!!

RE:RE:Surprised!!!OK I was pretty lucky buying my shares in June 2020. At that time I felt it was pretty much close to the bottom. Too bad I only bought 500 sh. but saw a lots of opportunies elsewhere in those days. My feeling presently for Chartwell:  they aren't much different to others in same area.  You should compare charts with SIA and EXE. They are both in long term care and retirement and were affected the same way as Chartwell.

I kept my shares over last 2 months but was expecting a drop of around 10% because of offering in august. CSH added 15M shares over 215M which is roughly 7% but mainly using to reduce debt (no new income). We will see more retirements an senoirs selling houses to capitalize on the housing increase so I feel this is a good long term stock with a 5% divy to put in TFSA . Ounce all 3 above stocks turn around, it should be a market buying / adding signal. Then, I will add to CSH. 


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