Extendicare Inc

EXE-T

TSE:EXE

8.77
0.00 (0.00%)
Extendicare Real Estate Investment Trust is a Toronto, Ontario based company that operates 440 long-term care facilities across North America. The company became a REIT and began trading on the TSX on November 10, 2006 under the symbol EXE.UN.
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Analysis and Opinions about EXE-T

Signal
Opinion
Expert
HOLD
HOLD
December 23, 2019
A great demographic pick. He bought in at $7.01 in 2014 and bought in again at $6.62. He liked how they paid down debt and reduced operations in the US. He likes the dividend and thinks there is still good upside -- maybe another 50%. They have been growing organically and by takeover. He would like to see them pay down more debt. Yield 5%
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Extendicare Inc (EXE-T)
December 23, 2019
A great demographic pick. He bought in at $7.01 in 2014 and bought in again at $6.62. He liked how they paid down debt and reduced operations in the US. He likes the dividend and thinks there is still good upside -- maybe another 50%. They have been growing organically and by takeover. He would like to see them pay down more debt. Yield 5%
BUY WEAKNESS
BUY WEAKNESS
October 29, 2019
Enjoys a regulated revenue stream like other retirement homes, so it's fairly safe--but has only 2-5% growth. A long-term hold. Buy at $8, though you can sell it at $10.
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Extendicare Inc (EXE-T)
October 29, 2019
Enjoys a regulated revenue stream like other retirement homes, so it's fairly safe--but has only 2-5% growth. A long-term hold. Buy at $8, though you can sell it at $10.
DON'T BUY
DON'T BUY
October 21, 2019
Long term care. They have about 5% dividend but it is over 100% of cash flow. Sales are growing at 1.2%. The free cash flow yield is not there.
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Extendicare Inc (EXE-T)
October 21, 2019
Long term care. They have about 5% dividend but it is over 100% of cash flow. Sales are growing at 1.2%. The free cash flow yield is not there.
DON'T BUY
DON'T BUY
August 23, 2019
Would avoid right now, with government regulation risk, and bad press. There's enough risk for negative press in healthcare stock.
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Extendicare Inc (EXE-T)
August 23, 2019
Would avoid right now, with government regulation risk, and bad press. There's enough risk for negative press in healthcare stock.
BUY WEAKNESS
BUY WEAKNESS
July 31, 2019
Look at defensive stocks this time of year. EXE's moving averages are moving up. Add more at $8.60. It's overbought now, so expect consolidation first.
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Look at defensive stocks this time of year. EXE's moving averages are moving up. Add more at $8.60. It's overbought now, so expect consolidation first.
HOLD
HOLD
July 2, 2019
He bought more in December. They do have some debt -- a little higher than he likes. The payout ratio is such that the dividend is stable, but won't grow. The demographics are in their favour within senior housing. He is happy to keep holding it. Yield 5.7%
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He bought more in December. They do have some debt -- a little higher than he likes. The payout ratio is such that the dividend is stable, but won't grow. The demographics are in their favour within senior housing. He is happy to keep holding it. Yield 5.7%
BUY
BUY
April 23, 2019
The activist investor? The activist investor owns 9%. It's a leader in Canada. A great demographic play. Good dividend. This could hit $12-14. He's pleased that EXE has come to an agreement with the activist.
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Extendicare Inc (EXE-T)
April 23, 2019
The activist investor? The activist investor owns 9%. It's a leader in Canada. A great demographic play. Good dividend. This could hit $12-14. He's pleased that EXE has come to an agreement with the activist.
DON'T BUY
DON'T BUY
March 20, 2019
This sector is almost as bad as airplanes, because there are government regulations and labour issues (minimum wage) and it's labour-intensive. Also. EXE missed their numbers and hasn't done much in two years. They blew their brains out in the U.S. where they got it. Also--his theory--technological advances and government incentives encourage seniors to stay in home and not enter nursing homes. The whole sector falls shorts.
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Extendicare Inc (EXE-T)
March 20, 2019
This sector is almost as bad as airplanes, because there are government regulations and labour issues (minimum wage) and it's labour-intensive. Also. EXE missed their numbers and hasn't done much in two years. They blew their brains out in the U.S. where they got it. Also--his theory--technological advances and government incentives encourage seniors to stay in home and not enter nursing homes. The whole sector falls shorts.
BUY
BUY
February 19, 2019
He bought it years ago. Pays 4-cents each month in dividends. He's doubled-down and averaged down. It doesn't have the normal upside for him, but it's a fine demographic play. People are getting older. He sees 50-100% upside. Safe to buy more here, but he wants them to pay down its debt more.
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Extendicare Inc (EXE-T)
February 19, 2019
He bought it years ago. Pays 4-cents each month in dividends. He's doubled-down and averaged down. It doesn't have the normal upside for him, but it's a fine demographic play. People are getting older. He sees 50-100% upside. Safe to buy more here, but he wants them to pay down its debt more.
DON'T BUY
DON'T BUY
February 14, 2019
He generally likes the REITs. This one would not be the one he would pick. It is generally more volatile than he would like. The yield is a little bit stretched. SIS-T is one he would prefer slightly.
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Extendicare Inc (EXE-T)
February 14, 2019
He generally likes the REITs. This one would not be the one he would pick. It is generally more volatile than he would like. The yield is a little bit stretched. SIS-T is one he would prefer slightly.
HOLD
HOLD
February 1, 2019
Similar macro answer to Chartwell. EXE-T went to the US and it really didn't work. So now it's Ontario-centric. Not much earnings growth but a big yield. Relatively safe place to hide.
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Extendicare Inc (EXE-T)
February 1, 2019
Similar macro answer to Chartwell. EXE-T went to the US and it really didn't work. So now it's Ontario-centric. Not much earnings growth but a big yield. Relatively safe place to hide.
WEAK BUY
WEAK BUY
December 24, 2018
It has been beaten up badly and he is surprised by how much. The dividend is reasonable but the payout ratio is a little higher than he likes. It is not a contra stock because the upside is not high enough but he bought it for the dividend with capital appreciation. It has a lot of government support in Ontario. The increase in minimum wage hurt EXE-T.
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Extendicare Inc (EXE-T)
December 24, 2018
It has been beaten up badly and he is surprised by how much. The dividend is reasonable but the payout ratio is a little higher than he likes. It is not a contra stock because the upside is not high enough but he bought it for the dividend with capital appreciation. It has a lot of government support in Ontario. The increase in minimum wage hurt EXE-T.
WATCH
WATCH
December 20, 2018
7.7% dividend yield. He owns a small position. It's worth looking at. Their balance sheet is fine. A stable business. They did a great job exiting their US business and distributing capital to shareholders. Worth looking at it, definitely.
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Extendicare Inc (EXE-T)
December 20, 2018
7.7% dividend yield. He owns a small position. It's worth looking at. Their balance sheet is fine. A stable business. They did a great job exiting their US business and distributing capital to shareholders. Worth looking at it, definitely.
BUY WEAKNESS
BUY WEAKNESS
October 22, 2018

It pays a good dividend. The financials are not too bad. Wage hikes might have hurt them. They have been doing takeovers. He is happy to hold it and might double down on it if it comes down much more.

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Extendicare Inc (EXE-T)
October 22, 2018

It pays a good dividend. The financials are not too bad. Wage hikes might have hurt them. They have been doing takeovers. He is happy to hold it and might double down on it if it comes down much more.

COMMENT
COMMENT
August 16, 2018

Extendicare (EXE-T) or Chartwell Retirement (CSH-U-T). Both are good long term holds. He prefers and owns Chartwell. Will see continued growth in this sector. There were shorts on Extendicare and the rebound lately has been a short covering.

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Extendicare Inc (EXE-T)
August 16, 2018

Extendicare (EXE-T) or Chartwell Retirement (CSH-U-T). Both are good long term holds. He prefers and owns Chartwell. Will see continued growth in this sector. There were shorts on Extendicare and the rebound lately has been a short covering.

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