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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 MaxCdnon Aug 18, 2019 12:07pm
75 Views
Post# 30040780

RE:Yellowbrick

RE:YellowbrickI am a shareholder for about 10 years (I was there for the special dividend of $.50/share)... and CHW is one of my largest positions. I like the management of this company... no frill and works really hard.  In addition of their financial commitment in the company, they are buying back CHW shares significantly for a few years now. They are affected by the conversion of their income in Canadian $ and having a lot of their business in the US makes that stock volatile. Great potential takeover candidate from an US smaller bank interested in sub-prime business (I wish not… because I like the current dividend and well protected with a low payout ratio).  This is a pure value play… you need to be a bit contrarian right now, but you should be well compensated (above $12) for a patient investor! My 2 cents anyway…
 

Bullboard Posts