ECN Capital Corp ECNNF

Primary Symbol: T.ECN Alternate Symbol(s): ECNCF | 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.

TSX:ECN - Post by User

ECN Capital Corp > 9th Most Undervalued Stock on the TMX

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Comment by retiredcfon Dec 12, 2022 12:59pm

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Post# 35166430

RE:RE:9th Most Undervalued Stock on the TMX

You're correct in that it's a pretty motley list. A number of stocks haven't traded today or have exceptionally low volume. The only ones that most would likely recognize would be Aimia (#12), Algoma Steel (#42), Reitmans (#44) and Interfor (#48). ECN sticks out like a sore thumb in the top ten with a PE of 0.60.

Still waiting for the knife to hit the floor. GLTA

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