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 fatcharlieon Jun 02, 2017 2:31pm

98 Views

Post# 26318110

RE:RE:RE:RE:RE:RE:RE:RE:RE:In @$11.60

Thanks TickerTwit, my take this is overblown the weakness was spread across the board with leasing companies. Higher interest rates may be a factor but the stock has been deeply discounted mainly because of runoff from EFN becoming a victim of a short attack. Insiders here own 18% and earnings look good for 2017 & 2018. What we are seeing now is a bit of a bounce that seems to have some momentum. I wasn't able to get in at the bottom but I am happy to have a position $11.60.

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