Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Chesswood Group Ltd T.CHW

Alternate Symbol(s):  CHWWQ

Chesswood Group Limited is a Canada-based holding company. The Company, through its subsidiaries, engages in the business of specialty finance (including equipment finance throughout North America and vehicle finance and legal sector finance in Canada), as well as the origination and management of private credit alternatives for North American investors. Its subsidiaries include Pawnee Leasing Corporation (Pawnee); Tandem Finance Inc. (Tandem); Waypoint Investment Partners Inc. (Waypoint), Chesswood Capital Management Inc. and Chesswood Capital Management USA Inc. (CCM USA); Rifco National Auto Finance Corporation, and 1000390232 Ontario Inc (Easy Legal). Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through the third-party broker channel. Tandem sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States.


TSX:CHW - Post by User

Bullboard Posts
Comment by griffpon Apr 29, 2014 3:49am
331 Views
Post# 22501063

RE:RE:Time to say goodbye

RE:RE:Time to say goodbye


Regretfully, you failed to read my post very carefully....my comment was specific.  I stated that Mr Shafran's excercised a great portion of his OPTIONS. 
I have held this stock several times since the spring of 2006 and I have read more than a few CHW  financial reports.  If you read my previous posts, you will see that I do do my homework... before I post.  The last time I looked at Sedar, this is what I saw.
The 2013 CHW Year end Financial report  shows that there were 1.4 Million options outsanding as of Dec 31/13.....of which Mr Shafran held approx 700K. ....exercising a large portion of those options in March.  Sedar shows that Mr Shafran holds only 400k options at this time with just over 100k shares in direct share ownership.  Hmmmm....confidence in the company he runs...right? 
Mr Shafran isn't 'some people'.....!   When an insider holds 750K options, exercises and sells a great portion them in a week tells me more than enough.
I have no issue with any insider exercising optIions resposibility but I have every right to criticize the actions of any director of a small cap who would drop 300K shares onto the market with  complete disregard to the other shareholders.
As for your anticipation for  the next earning report, how may dividend periods  will it take for you to make up the 5$ in stock value you lost in the past month?   Don't forget, that 5$ per share represents....1.5 Million$  extra..... that Mr Shafran got to put into his bank account.  Bad weather is the least of this companies issues.
 

Bullboard Posts