Extendicare Inc T.EXE

RE:RE:RE:RE:RE:RE:The future of LTC

I see insider buying and since August they are agressively buying back shares. So far over 4.2 million shares cancelled. No selling whatsoever. https://ceo.ca/api/sedi/?symbol=EXE&amount=&

Thats just wishful thinking. I've seen a LOT of nursing home companies go bankrupt. Yes the government will step in so as to not see the seniors kicked out. But only to oversee an orderly

Who has ever said our government run hospitals are the best in the world? And, look at Toronto's wonderful Eglinton Crosstown... that's right... not running yet. Overbudget and still years

No government wants to run LTC beds.   Exetendicare will be backstopped by the province or the feds.   They are too important to fail.   in 3 years the LTC bed situation

Strato that assumes that this is a free market type of situation.  Think Banks the industry is dominated by a few players and it is a heavily regulated industry whith much of the funding provided

Much can change in three years !

This company has about 100 million in debt coming dye in the next 3 years. This debt is currently in the 3 to 4% range. They will have to refinance at 6 or 7% because of rising rates. I suspect this

Below $7 is a screaming buy here.  I bought some today.  I will keep some dry powder if it goes lower.

Anyone who believes governments will be able to shutter the for-profit long term care home sector is dreaming. Post-covid governments are up to their eyeballs in debt. Despite all the criticism, the