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Bullboard - Stock Discussion Forum Automotive Finco Corp RMIAF


Primary Symbol: V.AFCC.H

Automotive Finco Corp. is a Canada-based specialty finance company, which is focused on the auto retail sector. Through its investment in Automotive Finance LP, the Company provides long term, debt-based acquisition financing to auto dealerships across the globe, with an initial focus on Canada. In addition to its interest in Automotive Finance LP, the Company also focuses on other direct... see more

TSXV:AFCC.H - Post Discussion

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Post by DemDem on Nov 22, 2022 11:27am

afcc.h

I have afcc.h since January 5, 2019 and paid $1.32 for it. Yes, the action fluctuates, yes the way of doing it is debatable, because I believe that the owners, who are also major shareholders in the company, pay themselves a salary disguised by the dividends, g=story to save tax . However, how can I complain about this cash cow just yet. Even if there was a quick title debacle, I would come out on top. With their last message, it invites me to stay even longer.
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