Recent

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

Sunrise Senior Living Inc. Message Board

msears99 40 posts  |  Last Activity: 11 hours ago Member since: Mar 20, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Poised for breakout

    by gsunwab May 27, 2015 3:49 PM
    msears99 msears99 11 hours ago Flag

    More than just a tamboring..mckay has brought a full marching band to sing the song of a full turn around.... big volume today.

  • Reply to

    Poised for breakout

    by gsunwab May 27, 2015 3:49 PM
    msears99 msears99 May 27, 2015 9:12 PM Flag

    she.s setting up for a Q2 run.....McKay is out shaking his tamboring saying just watch me...

  • Reply to

    Portnoy and SNH . . .

    by isce_ille_iste May 26, 2015 10:01 PM
    msears99 msears99 May 27, 2015 1:09 PM Flag

    Jonsey..would you be buying FVE if it had a market cap of 800 million..Think of portney as giving you a discounted buying opportunity.....thats how i look at it... hopefully I'll be selling at $24 not buyin.....

    FVE opperates over a 100 facitilites and directed owns 31 basicly mortguage free..There worth a pile of cash....the latest statistics show u.s housing continues to show strength in market price... ..FVe assets will also become more valuable.

  • Will be talking-up FVE turn- around and new dash board monitoring complience system....

  • msears99 msears99 May 22, 2015 1:01 PM Flag

    And then Jonsey would have you believe that FVE is overvlaued even though we trade at a 400% diiscount to the only real sector peer CSU....all because of RMR is somehow raping all our profits.... yet on an EBITDA measure metric..were alctually performing better than CSU.... So there the delemma

    Thats what makes the market... not saying FVE will break out today or tomorrow...but our strength is heading in the right direction.

  • msears99 msears99 May 22, 2015 10:04 AM Flag

    i think well continue to see accumulation into Q2 and Q3..Our going concern with any restatements seams to be well behind us now. Occupancy should show some posive increment over the next 2 quarters

  • Reply to

    Q2.....

    by msears99 May 15, 2015 10:04 AM
    msears99 msears99 May 18, 2015 2:37 PM Flag

    Five Star Quality Care, Inc. Enters New $150 Million Credit Facility

    Five Star Quality Care, Inc. Enters New $150 Million Credit Facility

    Five Star Quality Care, Inc. (NYSE: FVE) today announced that it has entered into a new $150 million secured revolving credit facility. The new facility is in addition to FVE’s existing $35 million secured revolving credit facility, which has a maturity date of March 18, 2013. The maturity date of the new facility is April 13, 2015 and includes options which can be exercised by FVE to extend the facility up to April 13, 2017.

    Drawings under the new facility will bear interest at LIBOR plus a spread of 250 basis points. The new facility is secured by 15 senior living communities with 1,549 living units owned by FVE that have a total assessed value of approximately $230 million. FVE also continues to own an additional 12 unencumbered senior living communities with 840 living units.

    Citigroup and RBC Capital Markets acted as joint lead arrangers and bookrunners for the new facility. Banks participating in the new facility are as follows:

    Name of Institution

         
    Facility Title

    Citibank, N.A. Administrative Agent
    Royal Bank of Canada Syndication Agent
    CIT Bank (CIT Healthcare) Co-Documentation Agent
    Compass Bank Co-Documentation Agent
    PNC Bank, National Association Co-Documentation Agent
    The Huntington National Bank Co-Documentation Agent
    Comerica Bank Lender
    RBS Citizens, N.A. Lender
    UBS Loan Finance LLC Lender
    Five Star Quality Care, Inc. is a senior living and healthcare services company which owns, leases and manages senior living communities, including primarily private pay independent and assisted living communities located throughout the U.S. Five Star also operates five institutional pharmacies and two rehabilitation hospitals. Five Star is headquartered in Newton, Massachusetts.

  • Reply to

    Q2.....

    by msears99 May 15, 2015 10:04 AM
    msears99 msears99 May 18, 2015 2:01 PM Flag

    All FVE assets were evaluated by the credit facility and filed with the sec Item by item.....I did read through them on the filing....The 150 million is a secured facility on 15 I do believe on 30 pf our owned assets.... These guys are ultra conservative when they secure assets on security.... You can research it your self..it's all there.

    I estimate FVe owned ssets are in the range of 600 million maybe more if sold sas a package.

  • Reply to

    Q2.....

    by msears99 May 15, 2015 10:04 AM
    msears99 msears99 May 18, 2015 10:29 AM Flag

    How? did Corvex increase shareholder value on Commonwealth... Show me how?..Did they move to un lock shareholder value...don't see any any such thing....humm
    Like I said..I.m no fan of the portneys manipulation games....but eventually...They ll get paid to get out of the way.....The value of certain real estate assets can't be ignored....The money that re invested in the properties is well spent....and there does nt seam to a rush in over building the sector like in previous cycles....One of these days Brookdale will fall to the Private Equity guys....and the sector will react positively....We may hate Portney in the short term with a passion..yes... But may thank him for his greed on our final payday.

  • Reply to

    Q2.....

    by msears99 May 15, 2015 10:04 AM
    msears99 msears99 May 16, 2015 10:25 PM Flag

    I'm looking at the market without my rose colored glasses...I seen Corvex hijack Commonwealth REIT... And internalize operations and cut out RMR...hoping for a pop.... Did nt happen....in turn they cut the common divy ... And shareholders took it the hard way.....

    I'll be a realist here... RMR...overcharges lets say 20% at most..sa compared to internalized operational standards..... But we're discounted 400% because of it.?

    eventually ...Ventus will move on SNH...and enter a condition of operational management with RMR...maybe even but out the private management firm.... Let's face it..there's many ways to skin a cat...offering to buy RMR privately for a billion dollarss...probably is in the cards....SNH is definitely discounted here...and FVE holds between 650 and 8000 million in dept free operations of real estate.

  • Reply to

    Q2.....

    by msears99 May 15, 2015 10:04 AM
    msears99 msears99 May 15, 2015 10:15 AM Flag

    Comparing CSU last SEC filing they are trading at 5.45X shareholder equity at the present time.....On that basis:::FVE would have a present stock valuation of $24.50

    I'd say..someone may be undervalued here...... operational metrics...were preatty much the same.

  • msears99 by msears99 May 15, 2015 10:04 AM Flag

    Q2 -Q3 run-up should begin soon... looks like mckay has raise the main sail...and we have a nice tail wind behind us.

  • Reply to

    Q1 Results.........

    by msears99 May 11, 2015 9:36 PM
    msears99 msears99 May 13, 2015 1:16 PM Flag

    Q1 are always a little tough on occupancy sector wide... hence we should see some strength going into Q2...and ramp it up as we enter Q3..... this is the time to buy an hold FVE

  • Reply to

    Q1 Results.........

    by msears99 May 11, 2015 9:36 PM
    msears99 msears99 May 13, 2015 1:13 PM Flag

    CSU..Q1.....Same-community occupancy was 87.1% for the first quarter of 2015, a 30 basis point decrease from the first quarter of 2014

  • Reply to

    Q1 Results.........

    by msears99 May 11, 2015 9:36 PM
    msears99 msears99 May 13, 2015 12:57 PM Flag

    Chainny... hold up just a little... CSU showed a little drop in occupancy also this Q... so i dont hold mckay above the general sector as a whole.... mckay is getting his 75K shares from the float..ya o.k thats a little tough to swallow... but comapring to BKD..i really dont think its all that bad...... you want cash out of the holding your gonna buy SNH a reap a 7% divy... i expect FVE to operate effeciantly and the market will eventually reward it for doing so.... getting our financially house in order is the key and that well in hand.

  • Reply to

    Q1 Results.........

    by msears99 May 11, 2015 9:36 PM
    msears99 msears99 May 13, 2015 9:48 AM Flag

    I see Q2 and Q3 as positive results going forward... maybe some one time items ....its usually FVE more robust quarters....mckays tracking BI systems seams to be effective and complience concerns look to be in the rear view mirror....

  • Reply to

    Q1 Results.........

    by msears99 May 11, 2015 9:36 PM
    msears99 msears99 May 13, 2015 9:37 AM Flag

    Jonesey..your venting today....thats healthy well done.... now lets get our head on right...we have an asset value here of about 650-800 million..and were trading at 213 million... The latest call from a billionair investor says BKD should double from its $37.... FVE is a major player as an owner operator..perhaps 2'nd largest in the North America as public traded... i like that...

    Our tremendous discount can't be ignored...can RMR feed off us..yes..is there enougn to go around..i hope so....Eventually someone will run at SNH formally or informally..you cant protect yourself from a 900 pound gorillla like VTR forever...unless your trully a private entitity...that my friend would take us to $20

  • Reply to

    Q1 Results.........

    by msears99 May 11, 2015 9:36 PM
    msears99 msears99 May 12, 2015 2:16 PM Flag

    institution are backing mckays growth startergy straightfwd..... his new dashboard is flashing green,green, green..see you at $7

  • Reply to

    Q1 Results.........

    by msears99 May 11, 2015 9:36 PM
    msears99 msears99 May 11, 2015 9:50 PM Flag

    Correction 9.6 million...and it looks like FVE is set to renew some growth via Aquisition.... Credit facility renewed for 150 million

  • Steady as she goes.....9.2 Ebitda after items....looks pretty good.