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Automotive Finco Corp V.AFCC.H

Alternate Symbol(s):  RMIAF

Automotive Finco Corp. is a specialty finance company focused on the auto retail sector. Through its investment in Automotive Finance Limited Partnership, the Company provides long-term, debt-based acquisition financing to auto dealerships across the globe, with an initial focus on Canada. In addition to its interest in Automotive Finance Limited Partnership, the Company may also pursue other direct investments and financing opportunities across the auto retail sector.


TSXV:AFCC.H - Post by User

Post by DemDemon Nov 22, 2022 11:27am
397 Views
Post# 35118811

afcc.h

afcc.hI have afcc.h since January 5, 2019 and paid $1.32 for it. Yes, the action fluctuates, yes the way of doing it is debatable, because I believe that the owners, who are also major shareholders in the company, pay themselves a salary disguised by the dividends, g=story to save tax . However, how can I complain about this cash cow just yet. Even if there was a quick title debacle, I would come out on top. With their last message, it invites me to stay even longer.
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