ECN Capital Corp T.ECN.DB.B

Primary Symbol: T.ECN Alternate Symbol(s): T.ECN.P.C | ECNCF | ECNNF | T.ECN.DB | T.ECN.DB.A

Financial Services

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles and Marine Finance. It operates through three businesses: Triad Financial Services, which manufactures home loans; Source One Financial, which is engaged in nationwide marine and RV lending; and Intercoastal Finance Group, which is engaged in national marine and RV lending. It provides prime credit portfolio solutions: Secured consumer loan portfolios, which manufactures home loans, and Secured consumer loan portfolios, which provides marine and RV loans.

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ECN Capital Corp > Warren Buffett

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Comment by toppgunnon Aug 02, 2023 2:16pm

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Post# 35569510

RE:Warren Buffett

"Americans love boats and RVs and IMO these areas are recesion resistant."

Disagree, first items to go in a recession and/or a definite slow down in buying There will be always a market for ATV, RV, boats for everyone but affects the strength of the overall market.

That said, ECN has been on my watchlist since sold in Dec 2022. Still believe 52 week lows are going to be taken out before start to confidently trade up. A good buy once it finally settles out.

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A junior copper-gold stock trading at a bargain of monumental proportions