SNH was downgraded today by RBC in part because of FVE market headwinds against lease obligations...
GEN sold 16 owned and 2 leased what they call skilled nursing care facilities. the revenue generated was $110 mil with a pretax loss of $10.7 mil total assets $91.6 mil ... proceeds of sale was $80 mil So u guys and gals tell me what u think that means regarding valuation applying those metrics too FVE or do they not apply
look at ANY long term chart , 90% trend down with a few "blips" along the way ..... those are bulltraps .... wall street is gaming the entire world by shorting against "investors"
I have been recently buying in this area. I think some institutional selling was profit taking on the quick bump up to $3. I know the sector has tough going and overcapacity like many other niches such as the restaurants but I like they are not overburdened with debt. This sector may be ready for some consolidation with an appreciation for this asset base to add growth via acquisition. Yeah the numbers are dull ... unexciting, but I don't see much downside from here maybe a gap fill at $1.65 or a raging Bear mkt and puts us all in the same boat
It was a pathetic Quarterly earnings report...
FVE is a billion dollar assisted living company and rarely issues press releases. Today's big news is that they opened up a new renovated wing of 14 units for memory care residents in Georgetown, SC. BFD. They need to up their game...
"The renovation, which is designed to maximize natural light, features 14 modernized private and semi-private suites, large custom designed common areas such as family-style dining, and a beautifully landscaped secure outdoor garden with walking paths. Residents have the ability to go outside in a safe environment that gives them some independence back while keeping families at ease."
I know the Ports bought stock here for $3. / but that was just to continue having total control period / No One can offer a B.Out unless they allow things to go their way - So off the table. Plus they changed for it. So they use this as a cash cow / the ol Three Card Monty ; Shuttle payments around , salaries , SHN , it is used , the profit margin (can be manipulated) and could be there , but by using it for their own projects or the advantages of refinance / etc.. covers for their initial $3. investment , (they still hold the stock and can at any time manipulate the in / out to reflect their desire, couldn't they?) remember RMR is in control of the other REITS / under their mang umbrella ; they pay them to manage those. also Possible a 3 Card Monty - Way - In My Opinion. - This is my OPINION as to what is happening to 5 , wrong or right it is my personal view presently. - Prove me wrong Ports / make 5 Profitable and pay out a Div. or show the Profit vs the Real Value -
MAY-2016 Five Star Quality Care NYSE : FVE Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stocks
Heh heh, it is called FIVE, but it is trading below $2 per share.
OK this low volume is just bizarre. Can someone please explain why this is? How many millions of dollars have the Portnoys lost since they bought all that stock at $3? Do they not care? Did they, or did they not, they actually spend real money on those shares?
There is occasional talk of "complaining to the SEC" about FVE's situation. I see that the SEC does indeed provide a means on the web to register complaints and such. Do you think this is worth doing? Would it be possible to jointly compose a letter here on this board, then when the crowd deems it complete, someone submits it (I volunteer if no one else wants to). Or maybe we all submit it?
I ask the board about generating a letter rather than just doing it myself because I suspect there are folks here that understand the details of this calamity much better than I.
What say you?
Five score and many years ago. The Portnoys created FVE in their own image and its forever been the pits. What comes around, goes around. We can all wish Barry and Adam well.
Anyone else read the Proxy and figure out what the Greedy Bunch is up to?
Why don't the Port's take this private for $3 and put the shareholders out of their misery?
With a market cap of just over $100M, this is an interesting statement of value from their recent new revolving credit agreement...
Five Star Quality Care, Inc. (FVE) today announced that it has entered into a new $100 million secured revolving credit facility, with terms substantially the same as its previously existing facility that was scheduled to mature on April 17, 2017. The new credit facility replaced that prior facility.
The maturity date of the new credit facility is February 24, 2020 and includes two, one year extension options which can be executed by Five Star to extend the facility through February 24, 2022. The new credit facility requires interest to be paid on outstanding borrowings at LIBOR plus a spread of 250 basis points. The new credit facility is secured by real estate mortgages on 10 senior living communities with 1,219 living units owned by Five Star with a total appraised value of approximately $212 million. Five Star also owns an additional 10 unencumbered senior living communities with 856 living units.
At least the Port's gave us an out at $3 for the majority of our shares although they turned down much higher bids in the past.. It is what it is we're dealing with toxic mgmt but at $2.20 and lower it's a decent trade.. I believe I still can sell this close to $3 in a few quarters still less than NAV as the hard assets have value..
FVE has a positive 52 W Range at 1.65 - 3.04. Depending on your hold time this may be a compelling entry. Ive been struggling with this stock lately. Some of my other trades have been from awe-someSTOCKS which are working out pretty well.