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Sienna Senior Living Inc LWSCF


Primary Symbol: T.SIA

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 dogatcaton Feb 28, 2023 11:09am
87 Views
Post# 35309677

RE:RE:Wow!! Paying Well Over 8% Dividend

RE:RE:Wow!! Paying Well Over 8% DividendI am not selling either.   I am in a similar share position.   I have a 5 year time span on this investment.   Sienna is going to have start playing hardball with Ontario and the Feds.  They need more money to deal with labour inflation in this new world.  If the governments don't pony up, then Sienna needs to start downsizing LTC beds.   There is no way that governments will allow this.  The situation is already critical and 5 years from now, it will be a full-blown emergency.    

Growth can come from acquistion as there are plenty of smaller care homes to be added to the fold.    

I still see this stock well over $14 in 5 years.   I just keep re-investing every month.  This correction allows me to buy more cheap shares every month..   

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