ECN Capital Corp T.ECN

Alternate Symbol(s): ECNCF | ECNNF | T.ECN.PR.C | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B

Financial Services

ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.

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ECN Capital Corp > Tricky Valuation

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Post by Bookworm28on Dec 23, 2021 3:54pm

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Post# 34259131

Tricky Valuation

Thanks (all) for the opinions/comments on my entry point question.

I'd like to jump on board, as the Co has some 1/2 decent earnings history, but guesstimating the value of what to pay for the stock is tricky. It's tempting to subtract $7.50 from the previous close, but that's obviously way too simplistic. Might have to do a deep dive on this one, or call on my trusty 'ol coin toss.

I hope every has a good time this holiday season. TIA for any additional comments on putting a value on this one.

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