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Dominion Lending Centres Inc T.DLCG

Alternate Symbol(s):  BRLGF

Dominion Lending Centres Inc. (DLCG) is a Canadian mortgage brokerage and data connectivity provider with operations across Canada. DLCG operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc (Newton). The Company's network includes approximately 8,000 agents and 520 locations. The franchise model provides secure long-term relationships with mortgage professionals, and the Corporation provides training, technology, marketing, recruitment and operational support to its franchises and brokers. Mortgage professionals provide services related to property purchases, mortgage refinancing and renewals, credit lines, and other borrowing needs. Mortgage professionals originate mortgages but do not themselves lend money. Newton is a financial technology company, which provides an all-in-one operating platform in Canada named Velocity.


TSX:DLCG - Post by User

Post by retiredcfon Nov 24, 2021 4:30pm
165 Views
Post# 34163139

Tinkvid

TinkvidYou seem to have been holding up this BB since it began so good job. 

Clearly it doesn't have much of a following (which explains the illiquidity) but there's lots to like here about DLCG. A few examples:

1. Recent upgrades from Desjardins ($6.50) and Clarus ($7.50) following solid results;
2. Insider buying between $3.00 and $3.50; and
3. A Quantitative Analyst Research Report indicating that Fair Value is $5.46 (unable to post that one as it's an internal bank document).

So I just initiated a position. GLTA
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