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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

Post by BlueJay2020on Feb 24, 2024 11:12pm
247 Views
Post# 35897612

From defense to offense

From defense to offenseI'm just spitballing here, but I think there will come a point - when interest rates start to drop and as equity raises get cheaper as the SP moves up - that the company is going to be doing some acquiring.   It's an industry that's ripe for consolidation and now the company is on a firmer financial and operational footing, it could well be the time to strike.  
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