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Element Fleet Management Corp T.EFN

Alternate Symbol(s):  ELEEF | T.EFN.DB.B | T.EFN.P.C | T.EFN.P.E

Element Fleet Management Corp. is a Canada-based global automotive fleet manager. The Company provides business-to-business services and financing to corporations, governments and not-for-profits. It operates in various countries, including the United States, Canada, Mexico, Australia and New Zealand. It provides services and financing for commercial vehicle and equipment fleets, reaching around 56 countries worldwide through the Element-Arval Global Alliance. The Company provides solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities. Its services include acquisition, electric vehicle, financing, title and registration, collision management, fleet partnerships solutions, fuel, safety, taxable benefits, fleet telematics connectivity solutions, remarketing, sale leaseback, tolls and violations, and strategic fleet consulting. The Company has around 1.5 million client vehicles under management.


TSX:EFN - Post by User

Comment by publicmanon Mar 16, 2018 9:48am
163 Views
Post# 27726502

RE:Not worth the risk

RE:Not worth the risk
As long as this management is leading the company it's going nowhere, unless they get a top rate CEO who cleans house and gets confidence back in the investment community.

The analysts that cover EFN are tired of underperformance and have cost many investors to lose money based on their reviews and previous target prices which continue to come down. Management have let them down too many times.

I don't think there are any buyers for EFN. Way too much debt and doubt about future business.
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