Chartwell vs Sienna She owns Chartwell and thinks both are in a growing sector -- senior housing. Sienna has a lower level of regulation, compared to Chartwell, due to the former's higher level of long term care facilities. Chartwell holds the largest market share in Canada -- giving them economies of scale. Chartwell's yield is just under 4% and they have a good pipeline to develop future growth.

Chartwell vs Sienna She owns Chartwell and thinks both are in a growing sector -- senior housing. Sienna has a lower level of regulation, compared to Chartwell, due to the former's higher level of long term care facilities. Chartwell holds the largest market share in Canada -- giving them economies of scale. Chartwell's yield is just under 4% and they have a good pipeline to develop future growth.

The company has gone through a lot of change and the market has reacted negatively. She got out of it as their satellite business was slowing. They acquired a US digital imaging business and now they are much more leveraged. They also had one of their satellite's recently was lost, which will negatively impact their earnings. A new CEO will be hopeful, but she does not have a good sense of their earnings growth. She wants to wait.

She thinks the yield is safe. She holds two other pipelines instead. Yield 8.1%.

With the recent pullback in price and the regulatory issues still uncertain, she thinks they will need to spend more to resolve these issues. She will watch, but is not a buyer yet. The user base is not growing like it was and the younger users are not going in this direction. She is on the sidelines. (Analysts’ price target is $194.00)

The pullback in the stock price might be related to the spreads in their business. She is not looking at this due to the unpredictability of earnings.