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Bullboard - Stock Discussion Forum ECN Capital Corp T.ECN

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

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 > Great time to buy
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Post by Lawyerup on Dec 02, 2022 5:13pm

Great time to buy

I have ECN on my buy list.  My target is $2.85-$2.90.  With tax loss season it will present a great time to buy seems to be undervalued at these levels.  All the best, Charlie.
Comment by Blueswin on Dec 06, 2022 10:52pm
It is hard to fathom how much ECN has dropped. I guess being a small cap company the swings both high & low can be rather dramatic. It is not like they are going bankrupt or have tremendous debt. Now manufacturing house might slow with the rising rates but people still need places to live. I also think there growth in the boat & RV industry will just continue to expand. I have been ...more  
Comment by snootchybootchy on Dec 07, 2022 3:34am
I can't see why the manufactured home sector would slow down. There is a high concentration of mobile homes in Florida and many were destroyed by Hurricane Ian. At some point, these homes have to be replaced with new mobile homes because 1) many of the damaged homes cannot be repaired, especially the middle-aged and older mobile homes, 2) there is still strong demand for to live in the areas ...more  
Comment by Blueswin on Dec 07, 2022 11:55am
All good & helpful thoughts!