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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 Hich1205on Nov 15, 2024 8:01am
75 Views
Post# 36314466

RE:RE:RE:RE:RE:RE:not impressed at all

RE:RE:RE:RE:RE:RE:not impressed at allNo, not entirely by debt, that will increase the premium risk with terrible impact on the stock price. the job of the CFO is to ensure that the finance structure will be accretive for shareholders, if the investment is dillutive and leads to lower piece of the pie, go back to your deck and change the economics of the deal : review the price, change the % of fundings sources and ultimately don't do the deal if not accretive to shareholders. SIA is growing right now, and I'm sure it will shine, but the management needs to review and backtest the current financial strategy, it's just not working, and SIA is sanctionned by investors and is underperforming it peers and the market. This is one of the rare stocks still under the 2019 level
PS: i'm long on SIA, and with the aging population, the market is there for years to go. I'm just pissed-off the management trying to grow the business regadless of the impact on shareholders
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