Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Axis Auto Finance Inc T.AXIS

Axis Auto Finance Inc. is a Canada-based financial technology company. The Company is a financial technology lender, providing alternative used vehicle financing to consumers located in Canada. Through its direct-to-consumer portal, DriveAxis.ca, customers can choose their next used vehicle, arrange financing, and get the car delivered to their home. In addition, the Company focuses on business to business (B2B) non-prime auto loan originations by delivering advanced technology solutions and superior service to its dealer partner network. The Company's subsidiaries include Axis Auto Finance Services Corp., Axis Equipment Finance Inc., Cars on Credit Financial Inc., Trend Financial Corp., and Axis Auto Finance Lending Corp. Its Axis Equipment Finance Inc. provides commercial equipment leasing and financing solutions.


TSX:AXIS - Post by User

Comment by HenoftheWoodson Jun 12, 2021 2:14pm
70 Views
Post# 33378005

RE:RE:RE:RE:RE:Let’s see where this goes

RE:RE:RE:RE:RE:Let’s see where this goes

Yep... I was responsible for the volume spike today.  Time will tell if that was a good move or not. This is not a company that will attract hordes of momentum players so we may languish a bit longer in this price range. I still feel the stock has 'grown' into its valuation. We now have good value combined with potentially very good growth over the next two-three years -it's not too often I find these types of stocks.

Do you know how their 'originations' convert into revenues? Originations growing nicely but revs are stable, so there must be some lag. 

Cheers, 

Hen

<< Previous
Bullboard Posts
Next >>