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Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia, Saskatchewan and Ontario. The Company owns and operates a total of approximately 82 senior living residences: 40 retirement residences (RRs) (including the Company's 50% joint venture interest in 12 residences in Ontario and Saskatchewan); 34 LTC communities; and eight senior living residences providing both private-pay IL/AL and funded LTC (including the Company's joint ownership in two residences in British Columbia). The Company also provides management services to an additional 12 senior living residences in the Provinces of British Columbia, Ontario and Alberta.


TSX:SIA - Post by User

Comment by AmorFatiforlifeon Jun 16, 2022 10:00pm
177 Views
Post# 34763309

RE:7.6% yield too good to miss

RE:7.6% yield too good to missAnd they are buying back shares. May take us some time but I forsee this hitting $20+ in the next 2-3 years. As long as occupancy rates increase and stay consistent nobody can deny that Sienna knows how to run a tight ship and make money. They just closed out those other facilities so give them a year to convert them over to their business model and they will be profitable as well. Macro market is ugly, but I'll take a 7.6% yield all day. Hopefully we don't get to 2020 lows, but I'm ready to buy if we do.
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