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Bullboard - Stock Discussion Forum E-L Financial Corp Ltd T.ELF

Alternate Symbol(s):  ELFIF | T.ELF.PR.F | T.ELF.PR.G | T.ELF.PR.H

E-L Financial Corporation Limited is a Canada-based investment and insurance holding company. The Company operates through two segments: E-L Corporate and Empire Life. E-L Corporate segment represents investments in stocks and fixed income securities held directly and indirectly through pooled funds, closed-end investment companies and other investment companies. The investment strategy is to... see more

Bullboard (TSX:ELF)

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Comment by Thor16on Dec 25, 2024 10:27am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:is this it?

Great post Chuck thanks.  Only thing I may add, tongue in cheek is: Has a liquidity position ever been denied on a family controlled public company? ;)   I could see another one coming ...more  
Comment by chuck84on Dec 24, 2024 8:00am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:is this it?

i have always been in thor's camp that a privatization was inevitable once there was no more opportunity to buyback shares. makes zero sense to pay to be public if can't profit from it. those ...more  
Comment by Catscratchon Nov 13, 2024 9:23am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:is this it?

With a very tight and discounted float the share buyback opportunity decreases so my guess is we start to see larger regular dividend increases and eventually the higher/growing div yield will push ...more  
Comment by Methodon Nov 10, 2024 2:53pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:is this it?

Perhaps but I think the rules of supply and demand apply and there won't be much supply under a certain discount. I know I'm unlikely to sell anymore unless the discount is much smaller.
Comment by Thor16on Nov 10, 2024 8:23am

RE:RE:RE:RE:RE:RE:RE:RE:is this it?

Fair, however reducing the public float and liquidity to almost nothing virtually guarantees the discount will always remain substantial, will it not?
Comment by Methodon Nov 09, 2024 10:16pm

RE:RE:RE:RE:RE:RE:RE:is this it?

Buying back stock, paying special dividends and increasing the regular dividend.
Comment by Thor16on Nov 07, 2024 9:36pm

RE:RE:RE:RE:RE:RE:is this it?

How else would they close the discount?
Comment by Methodon Nov 07, 2024 8:50pm

RE:RE:RE:RE:RE:is this it?

There are no benefits to the family only negatives. I do think they want to close the discount though.
Comment by Thor16on Nov 07, 2024 6:44am

RE:RE:RE:RE:is this it?

May I ask why you think that?
Comment by Methodon Nov 07, 2024 12:58am

RE:RE:RE:is this it?

It's not getting privatized 
Comment by Thor16on Nov 06, 2024 11:36am

RE:RE:is this it?

It may be getting a little bit expensive to privatze at this point.  Thoughts?
Comment by Thor16on Jul 31, 2024 5:03pm

RE:is this it?

I think we are the only 2 left on this board Chuck :)
Post by chuck84on Jul 31, 2024 2:34pm

is this it?

bid +$100 from last trade yest. evt also on a tear
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