GREY:ALARF - Post by User
Post by
graffiti99on Jun 26, 2019 1:03pm
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Post# 29865561
Amur Financial Deal - I don’t like it at all
Amur Financial Deal - I don’t like it at allAlaris is vulnerable in a recession as it is with small private companies that may suffer in a downturn in their portfolio. A lot of their partners don’t have competitive moats around their business. Why would they put money in an industry that so many say is a bubble and poised to blow up? Major financials are short Canadian banks on the grounds their mortgage book is suspect. Canadians are amongst the most leveraged in the world. And now Alaris is supporting a 2nd rate heloc and mortgage lender??? Yuck