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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.B | T.ECN.DB.A

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

TSX:ECN - Post Discussion

ECN Capital Corp > Todays investor Day!
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Post by Blueswin on Feb 04, 2021 4:33pm

Todays investor Day!

I was able to watch the update from there 3 core businesses & then a few hours later (with a littte tech issues) hear the question & answer part of the program. I was really impressed. All 3 businesses seem logical in explaining how they have gotten where they are & where they are going with their growth. And they seem realistic in their projections. Plus there is upside which could allow them to beat thier projections 2020 (.31-.33) & 2021 (.46-.51) & 2022 (.55-.64). There looks like 10%-20% growth annually. The stock price has moved from about $5.50 -$7.00 + in the last 3 months. $7.19 as of today's close. It might even pull back under $7.00 but going forward it really could be a $9.00-$10.00 stock but it probably won't happen over night. I feel really good about being invested in ECN. There is an update on the web page from investor day.
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