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Chesswood Group Ltd CHWWQ


Primary Symbol: T.CHW

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 419lornestreet9on Sep 13, 2021 3:37pm
103 Views
Post# 33849903

RE:RE:RE:big insider buying returns to CHW

RE:RE:RE:big insider buying returns to CHWthanks. on the higher share price. they are looking at inorganic opportunities, so a higher share price would be helpful in expanding the acquirable set of companies. imagine being able to acquire some private financial company at 5x and have it valued at 10x or 15x as part of your company.

keep in mind that these insider purchases are quite immaterial when compared to existing holdings. the CFO (or VP Finance... whatever their title) purchased $6k worth of shares. if they are only holding $6k worth then I probably have no business holding more than that.

the ASPP is back on now though so that is positive. i am happy to see them repurchase 0.5% to 1% per month.
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