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Element Fleet Management Corp T.EFN

Alternate Symbol(s):  ELEEF

Element Fleet Management Corp. is a Canada-based fleet solutions providers. It operates as a pure-play automotive fleet manager. The Company offers a full range of fleet services and solutions to corporations, governments and not for profits across North America, Australia, and New Zealand. Its services address every aspect of clients' fleet requirements, from vehicle acquisition, maintenance, accidents and remarketing, to integrating electric vehicles' (EV) and managing the complexity of gradual fleet electrification. It offers a range of fleet solutions consisting of cost management; driver productivity and vehicle uptime; fleet electrification, lease vs ownership, sale leaseback, and others. Its fleet types include global; government and public sector; material handling equipment; sales, and heavy trucks. It offers fleet solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities.


TSX:EFN - Post by User

Comment by djbon Jan 17, 2018 11:08pm
222 Views
Post# 27382814

RE:Alex Ruus

RE:Alex RuusFast money bumped the stock up trying to make a buck on the rumour, as always things never happen fast enough so the money moves back out. Hence the sell off.

but if you really add it all up and a buyout takes out the debentures and preffered shares that yield 6% plus the 4% yield on common, private equity like pesion funds could use a 10% return on a pretty stable business. Not like lease financing is going away any time soon.

it will get bought out. 
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