Post by
NonCredibleSrc on Oct 05, 2021 10:23am
Surprised!!!
No words or speculation on this board. Don't get me wrong - completely understand most CSH holders are in and out of the stock - but there is definitely something brewing in my mind...
Capital raised, new regulatory requirements for vac, share price falling.
I ask myself...
- Why does the company need to raise capital?? I don't see aquisitions on the horizon.
- What is the net effect of the vacination regulatory requirement on each and every home?? We generally know that between 5 and 20% of the working population do not want vacinations (primarily depending upon region). How will this play out with ability to appropriately staff over the short term?
- Why is the SP down over $2 from year high? Exit strategy by large investor? Quarter/year numbers not sustainable? Staffing not sustainable? Is my dividend at risk?
Time will tell - but I would love to hear input from others....
I really expected this company, a leader in its field, to LEAD over the last 18 months.
FYI - I am CSH long thus far.
Comment by
NonCredibleSrc on Oct 05, 2021 10:24am
CORRECTION - completely understand most CSH holders are NOT in and out of the stock
Comment by
Safetrader on Nov 05, 2021 3:37pm
Pretty happy I added 500 of them on Oct 12th. Was doing reading this PM and just found this report on CSH which has good targets. I now feel more secure with my decision to add. GLTA https://www.americanbankingnews.com/2021/11/01/chartwell-retirement-residences-csh-un-outperform-rating-reiterated-at-cibc.html
Comment by
Safetrader on Nov 05, 2021 3:38pm
Pretty happy I added 500 of them on Oct 12th. Was doing reading this PM and just found this report@ on CSH which has good targets. I now feel more secure with my decision to add. https://www.americanbankingnews.com/2021/11/01/chartwell-retirement-residences-csh-un-outperform-rating-reiterated-at-cibc.html
Comment by
Karren411 on Oct 15, 2021 11:19am
good questions, I am long and just collecting the income