Fri, Dec 19, 2014, 7:39 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Stonemor Partners LP Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bamajoe20715 bamajoe20715 Jan 5, 2012 3:43 PM Flag

    "This I remember "

    But, are people going to live forever.Wont there always be a need for the services ston provides?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Why haven't SCI,STEI and CSV recovered from the fall of 13 years ago ? It's because the buyers of deathcare services and merchandise have become much more selective, and aren't buying what they are selling. This is not a new phenomona related to the economy, it's been going on for years. The forecast drop in the number of deaths due to lower birthrate from the "Great Depression" (the old one) is over. The number of deaths will start to rise significantly. However, the number of people choosing only the most basic of services will at BEST/WORST erode the bottom line of deathcare providers.

      The direct cremation in a cardboard box will eventually become the most commonly selected arrangement. No casket, no vault, no urn, no urn vault, no cemetery/columbarium space, no encryptment/interment fees, no adition to endowment/perpetual care funds, and there is no need for the mortuary, 'cause there will be no embalming, no wake, no funeral, no limo, and Please omit flowers. We're seeing more and more death notice/obits stating; services will be private (commonly used fancy wording for direct cremation), service of remembrance will be held at the Elks lodge, please join the family for a spaghetti feed in Joe's honor at the American Legion, at Jane's request there will be no services, and etc,etc... None of those require any cemetery/mortuary assistance or usage.

      Read the obits/death notices.. Once not too long ago, 2 of 15 in my local paper had calling hours and a funeral. Even the bible belt states report cremation rates over 10% starting in 2009. While deathcare, like real estate are local, more and more people are exercising the choice to avoid the non-essential offerings of cemeterians/funeral directors.

 
STON
25.37-0.08(-0.31%)Dec 19 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.