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Park Lawn Corp V.PLC


Primary Symbol: T.PLC

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and other merchandise, funeral services, after-life celebration services and cremation services. Its products and services are sold on a pre-planned basis or at the time of death. It has one stand-alone funeral home located in Durham, North Carolina; one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia; eight stand-alone funeral homes, two stand-alone cemeteries and one on-site funeral home and cemetery located in and around the Savannah, Tennessee area; three stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario and more.


TSX:PLC - Post by User

Comment by GingerEnergy111on May 02, 2023 8:18am
156 Views
Post# 35424549

RE:RBC

RE:RBCI'd really like to see the graphs on all cause mortality for the last 20 years and then into the next 5-6 years.  2018 was, if I recall from last time I checked, an outlier of higher deaths and if we have had higher numbers in 2021-2022 it may have been by "pre-selling" death to those in the two year window anyway.

So we should see a drop in deaths followed by a resumption of the usual up and downs of annual numbers in the same range as the historical numbers.  The population is growing globally, so this is a steady line up.

We have a baby boom coming down the pipes that, on a population percentage level, Canada was one of the big boomers.  So expect a death boom.

Bottom line, I know the covid-death thing is a headline grabber, but not so sure it's really been a thing.  More a media hype.

Anyway, I have bought and will hold.  This stock has some great potential and if they get into the business of cremation as a service only, it will be even better for this company.
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