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Bullboard - Stock Discussion Forum ECN Capital Corp T.ECN.PR.C


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

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... see more

Bullboard (TSX:ECN)

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Comment by pierrelebelon Aug 25, 2021 9:47am

RE:RE:RE:ECN is slowly finding a bottom

TimeScape wrote: "...Given the very bullish comments by the CEO regarding the growth of the 2 remaining divisions,..." How much credibility to you give the CEO? How many shares has he sold ...more  
Comment by TimeScapeon Aug 24, 2021 10:30pm

RE:RE:ECN is slowly finding a bottom

If it trades at roughly the sales multiple the company was trading at prior to the sale, it would be around $6.00 - $6.50 a share.  At the multiple the one division was sold for, it would be ...more  
Comment by Blueswinon Aug 24, 2021 9:33pm

RE:ECN is slowly finding a bottom

After paying the $7.50 Div. What do you think a reasonable price would be for the other two companies? With the overall price being $9.95 today it is only valuing them at $2.45 per share.
Post by toppgunnon Aug 24, 2021 6:47pm

ECN is slowly finding a bottom

The recent correction in ECN is good in my opinion.  Recent upward climb over the last year has exceeded most peoples expectations.  It is beneficial for a company to show some downside as ...more  
Comment by ddogoldon Aug 23, 2021 3:47pm

RE:RE:American Banking and Market News

Same here . Impressive volume today . 
Post by TimeScapeon Aug 23, 2021 3:43pm

Sales multiples

Take the ECN sales numbers for the 6 months ended June 30th.  Double them to get an approximation for the whole year.  Would be higher as the company is growing, but it gives you a rough ...more  
Comment by TimeScapeon Aug 23, 2021 3:21pm

RE:American Banking and Market News

Those price targets are too low, IMO.  Bought some more shares today.
Post by retiredcfon Aug 23, 2021 1:02pm

American Banking and Market News

ECN Capital Corp. (OTCMKTS:ECNCF) Given Consensus Recommendation of “Buy” by Brokerages Posted by ABMN Staff on Aug 23rd, 2021       ECN Capital Corp ...more  
Comment by snootchybootchyon Aug 23, 2021 12:57pm

RE:RE:Another Response to Many More Questions

I bought more at $10.75 and then bought even more at $10.02. Now it's under $10! How much lower will this go? So weird. By my calcs, it is now trading at 7.2x the 2022 EPS guidance for the ...more  
Comment by ddogoldon Aug 22, 2021 4:56pm

RE:Another Response to Many More Questions

I agree that the company is undervalued and took an initial position in the low $10’s .glta 
Post by retiredcfon Aug 22, 2021 1:45pm

Another Response to Many More Questions

We think the stock should have risen on the news. We would now consider ECN to be undervalued. The best action for the company is to simply highlight that (a) it can access capital even after the ...more  
Post by Jujulinaon Aug 21, 2021 6:33pm

ECN

I'm also perplexed at the way the stock has reacted.  I was thinking that it's possible for worst case scenario the stock's at $10.00 pre-dividend, then after the dividend it's at ...more  
Comment by TimeScapeon Aug 21, 2021 4:20am

RE:RE:RE:RE:Response to Multiple Questions

The entire market cap of ECN now is actually less than what they sold 40% of the business for.  Makes absolutely zero sense to me.  They will still retain 60% of the company (by sales ...more  
Comment by CowboyJimon Aug 19, 2021 11:52am

RE:RE:RE:Response to Multiple Questions

I jumped in so more sahres at 10.50 thiking it was a bargain.  I have a hard time accepting the remaining - 40% with growing revenues there isn't worth more than....2.60.   Wow ...more  
Comment by retiredcfon Aug 19, 2021 8:19am

RE:RE:Response to Multiple Questions

Assuming the deal goes through (and there's no reason to think that it won't), the market is now valuing the remaining two divisions at $2.72. Of course, this seems ridiculously undervalued ...more  
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