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 > Another Analyst Opinion - ECN

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Comment by Cheeky20on Oct 05, 2023 8:38am

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Post# 35670615

RE:Another Analyst Opinion - ECN

I think anyone buying shares here has to be content with a holding for a long(ish) time and also be comfortable with the potentially limited upside of a full takeout by Skyline. There may be other investments that provide a better return for investor than ECN at this point. Obviously if Skyline buys the rest of the company tomorrow for $3.05/share that's great but it looks like a slow grind from here.

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