Yeah, they will not be a facebook and pull ROE of 1,000s of percent, but the govt needs to ensure a decent return to encourage the building of new residencies (which will be needed)....view it as an annuity. Right now, there is no incentive to build and half the facilities are losing money. This tells me the govt. will need to lift funding and with prices so depressed at present - I think it is a brilliant entry point. It's not a rocket science strategy, but my bet is its sound in the realities of the economics, politics and demographic changes.
EHE Price at posting:
$1.64 Sentiment: Buy Disclosure: Held
