RE:RE:RE:Regarding Debt, AFFO etc, Listen to 2023 AGMImportant thing is the AFFO. As long as payout remains below AFFO, we're good.
And if AFFO keeps improving, so should the share price, but right now Sienna is undervalued to its peers both regarding Yield, and with Total Assets, Debt and Market Cap.
Extendicare has approx. $400 million in Debt, Total Assets of $745 Million and a MC of $605 million.
It's MC is 81% of its total assets and its Yield is 6.6%.
Sienna has approx. $1 Billion in Debt, Total Assets of $1.7 Billion and a MC of $819 Million.
Its MC is 48% of its total assets and its Yield is 8.2%.
Both operators have improving fundamentals and are doing very well with their businesses.
Sienna has some catching up to do, and once 2Q financials are released, the market should react accordingly and the shorts should have covered. Too bad, shorts seems in control and as they keep hitting the bids.
Looks like they are hitting stop losses going into the close again today.