Chesswood Group Ltd T.CHW

Alternate Symbol(s): CHWWQ

Financial Services

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

Chesswood Group Ltd

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Comment by griffpon Feb 16, 2015 3:25pm

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Post# 23433673

RE:RE:Thirty-eight cents

I have to agree with you on this one. The opening is always well below close and average for the past 2 weeks... and the volume has been sky high. People must be in a hurry to dump what they hold. A lot of the traffic is going through Fidelity, I also suspect large blocks held by institutions are trading given the recent negatives on CHW. With the payout ratio now over 90%, I suspect a lot of holders are bailing suspecting a dividend cut. If that is the case....then you backed up the truck to soon.

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