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Chesswood Group Ltd T.CHW

Alternate Symbol(s):  CHWWF

Chesswood Group Limited is a Canada-based holding company. The Company, through its subsidiaries, engages in the business of specialty finance, including equipment finance throughout North America and vehicle finance and legal sector finance in Canada, as well as the origination and management of private credit alternatives for North American investors. Its subsidiaries include Pawnee Leasing Corporation (Pawnee), Tandem Finance Inc. (Tandem), Vault Credit Corporation (Vault Credit), Rifco National Auto Finance Corporation and others. Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through a third-party broker channel. Tandem, which sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States. Vault Credit provides commercial equipment financing and loans to small and medium-sized businesses across Canada.


TSX:CHW - Post by User

Bullboard Posts
Post by CHWBelieveron Feb 24, 2015 11:09am
127 Views
Post# 23458924

Globe & Mail Analysis

Globe & Mail AnalysisFor what it's worth, here is a recent Globe & Mail analysis of CHW:

1.  Earnings
Net income grew by 10.82%, year over year, to $0.26 per share during the most recently completed quarter. This was among the strongest growth seen by any company in this industry.

2.  Average Ratings
Of the four analysts surveyed by Reuters Estimates that cover Chesswood Group Ltd, the consensus rating is a buy. The rating changed on December 09, 2014 when it was upgraded from a hold.

3. Profit
Based on its net profit margin of 10.80%, Chesswood Group Ltd is less effective than other companies in its industry at turning revenues into bottom line profit.

Of course much of the above can change depending upon the unaudited 2014 figures due in early March.

On a positive note the substantial increase in $US to $Can should be really helpful as Pawnee Leasing is the main contributor to Chesswood profit.

My 2 cents worth.
Bullboard Posts