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Chesswood Group Ltd T.CHW

Alternate Symbol(s):  CHWWF

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

Comment by woolcoon Nov 28, 2020 9:57am
155 Views
Post# 31994225

RE:buying back stock under book value - good for chw holders

RE:buying back stock under book value - good for chw holdersI expect with this announcement, vaccine, along with write offs dropping dramatically...we could see the 9.50-$10 range next week.

This is back to a rising dividend stock.

At values under $9 likely  will buy stock as best ROI...although ultimately with low float I suspect goal is to buy up the small supply of shares available under  $10 and then move to  double the dividend to then hold/put a floor back into the share price and allow for some slight increase towards $11-$12 range.

GLTA....still a GREAT buy under $9
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