Investment Q&A

Q: Hello 5I,

This is a follow-up to questions asked about Extendicare Inc that were asked in June. At the time you commented that it was fine for higher risk income. Has your view changed any with the release of 2nd Qtr earnings? CIBC points out that "EXE trades at a discount to its peers on every metric" .The company has identified $465M of development/redevelopment initiatives that it is planning to undertake. CIBC feels that EXE can accomplish this with internal resources.

Your thoughts would be greatly appreciated.

Cheers,
Bob Ahearn

Q: At what price would EXE start looking attractive to you guys ?

Thanks,
David

Q: I know this one is not your favorite in the category, but it is well off its high, and starting to look interesting. I don't see any news to support the drop over the last few days - are you aware of anything?Would you consider initiating a position in EXE at this time, to be held primarily for income (I have held Sienna for several years)?

Thank-you

Q: The stock has been dropping last a few days. Do you have an idear what happends on the stock?

thanks.

Q: update exe extendicare results and outlook ,thanks

Q: Thoughts on the trading post the 1/4?

Q: Am looking at taking 2% position in either EXE,CSH.UN,or SIA for long term hold in my RSP.
Your thoughts on these 3 would be appreciate re: balance sheet, dividend security, growth prospects, operating issues and take over possibilities.
Thanks
Derek

Q: I currently hold my maximum in CSH, SIA, NWH.UN, & DR. I plan to increase my present position in EXE to match those other holdings.

Is this a reasonable approach? Are there other names in the sector that would be preferable to increasing my EXE?

TIA. William

Q: Your current thoughts on Extendicare give their recent earnings release which appear rather positive. Thanks

Q: There is a report out that a CIBC advisor, Murray Bockhold in a letter to the Chairman of the Board of Extendicare Inc is asking the company to payout a special one time dividend of C$100 Million following the disposition of their US business, shrink the board to 7 directors from 9 and for the company to buy back C$100 million in shares. Do you think there is a possibility for any or all of these to occur? Thanks

Q: Would appreciate your comments on the speculation of Frederic Blondeau with Dundee Capital Markets that Sienna Senior Living Inc and Extendicare Inc are most likely takeout candidates now that Regal Lifestyle Communities Inc has a buyer.

Q: Hi. I have owned this stock for many years. Did quite well with it at first and sold off enough to cover my initial investment. I still hold 500 shares and could use the money that selling them would generate to buy stocks in other sectors that I am lacking. (I seem to be over invested in the healthcare sector). My question is .... should I just sell it now and use the cash to re-balance, or wait to see what happens with the pullout from the US.

Q: Hello,

As expected, Extendicare has sold most of its US properties for almost 1 Billion ($Cdn). Unexpectedly, the stock dropped 20% on the news. Can you please comment and provide an outlook for EXE in light of the sale?

Thanks,

Cam.

Q: hi peter, could you give me an update on exe the stock has taken off but it,s pe is very high. should I hold or take my profits and move on. I,ve owned it for years and have enjoyed the dividend. thanks bill

Q: Extendicare should see some catalyst soon as their review should unlock some value ?

SCP and MAR are both trading well below NAV, do these interest you ?

Q: Hi guys, could you give me an update on Extendicare (EXE), please? I just read an article in Motley Fool that states that
buying into this company, you get their US unit for
free. I like freebees, but is this business still as tenuous as
when you last answered to a query back in August? Regards, Robert.

Q: I'm looking at EXE convertible debs - are they a reasonable risk or is there just too much debt overall to get involved with Extendicare versus their prospects? Thanks, Mike

Q: Hello 5i.Could you comment on Extendicare as to the company and what is the P/E and the payout ratio.
Thanks
Michael

Q: RE: EXE -EXTENDICARE INC
"We alluded to an upcoming dividend cut more than a year ago in our first report on the company"
Q1) Is this information only available with your professional source? and if you don't read it that day you miss it?
Q2) Is it possible to have a section on your website for potential warnings?
Thanks.

Q: Re: EXE (Extendicare)
Hi,
I was puzzled by the wild ride this stock had in yesterday's trade. Was up almost 10% in the morning and of course way down (28%) by end of day.
Yes, I understand the reason it went down so much later, due to the big dividend cut. However, I'm totally confused about the way some news obviously must have passed around the large number of investors who "knew something was up" earlier on.
Just how and where is this kind of info available, since no news or public announcements were published about the company before this happened.
I am really turned off about this whole thing, how some investors are privvy of confidential info and many others are not. Was there inside info provided and why does it happen so often ? (See most recent price swings for CAE up 10% in one week).
Thank you for your comments.
Paul