RE:RE:Here Is John Zechner On BNN Market CallZechner is not a good analyst. Note that he does not own any of the stocks he recommends as "Top Picks". I never trust a guy with no skin in the game.
The demographics are unbelievable in Sienna's favour. And they are backstopped by the Ontario government. Ontario has no option other than fund Sienna's operation. They have already said they have no desire to run LTC beds. The LTC susbsidy from the province covers the dividend.
Sienna also just made a deal to acauire priavte pay suites in Ontario and Saskatchewan.
This is a no-brainer under $13. The dividend is gravy. Pay to wait. You will see burned investors jump back in on it here. You are paid handsomely to wait for a recovery in the share price.