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Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Price History  |  Ratios  |  Insiders

Bullboard - Stock Discussion Forum Accord Financial Corporation T.ACD

Alternate Symbol(s):  T.ACD.DB | ACCFF

Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. It is involved in the asset-based lending, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; and provision of lease and... see more

Bullboard (TSX:ACD)

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Comment by Methodon Feb 12, 2023 11:07am

RE:I think we get a sale in the next 12 months

Guess not! Most logical buyer is CHW but we'll see.
Post by Methodon Nov 23, 2022 12:13pm

I think we get a sale in the next 12 months

Anyone else think so?
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(2269)
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  • Betteryear2X
Post by Betteryear2on Jul 28, 2021 4:32pm

Declares Regular Quarterly Dividend of 5 Cents Per Share

TORONTO, July 28, 2021 /CNW/ - Accord Financial Corp. (TSX: ACD) today announced that its Board of Directors has declared a quarterly dividend of $0.05 per share, payable  ...more  
Comment by Methodon Jul 07, 2021 10:45pm

RE:RE:RE:RE:book value

  Yet we probably have a lower ROE than the companies whose AR we are factoring. Weird choice to prefer our customers to make less money instead of helping with their liquidity.
Comment by mjh9413on Jun 09, 2021 1:32am

RE:RE:RE:book value

The trouble I have with factoring is just how darn expensive it is for companies who have to avail themselves of this type of receivables financing. I would not invest out of principle, but that's ...more  
Comment by Methodon Jan 05, 2020 5:27pm

RE:RE:book value

i wholeheartedly disagree. Book value is probably most relevant for financial companies as their assets are often marked to market. This makes book value a reasonable proxy for liquidation value. The ...more  
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  • janeintorontoX
Comment by janeintorontoon Jan 05, 2020 5:22pm

RE:book value

A premium or discount (which Accord's market price is) to book is not that relevant in a financial company. Financials are typically so leveraged that even if they sell at 50% of book, that may ...more  
Comment by Methodon Nov 03, 2019 2:31pm

RE:RE:book value

  I own this and TII.V in the lending space. Similar P/E and dividend yield but TII has a lower P/B and ROE. ROE is starting to trend up though so we'll probably seem some multiple ...more  
Comment by MaxCdnon Nov 01, 2019 3:56pm

RE:book value

Yes.... and a nice P/E of only 6.95.  Dividend yield of 4.14% and ROE of 11.8% Aside the size of this company (baby cap of only $73 M ), there is nothing not to like. 
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  • theanalyst11X
Post by theanalyst11on Nov 01, 2019 8:47am

book value

of 11.56$ \ cheap!!
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(36)
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  • microcaphobbyX
Comment by microcaphobbyon May 02, 2019 5:13pm

RE:RE:trading at lowest p/e ever

GOOD POINT.
Comment by MaxCdnon May 01, 2019 10:42am

RE:trading at lowest p/e ever

Could be... but usually Cabadian banks do not like to invest in sub-prime lending companies like ACD. An US small bank might be more interested. But only my opinion of course....
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  • microcaphobbyX
Post by microcaphobbyon May 01, 2019 10:04am

trading at lowest p/e ever

This company would be quite attractive to a Canadian Bank. I bet they get bought out at twice the current price.    
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  • microcaphobbyX
Comment by microcaphobbyon May 01, 2019 9:47am

RE:Great quarter # 9

Agreed. Wonderfully run company. Too bad they didn't raise the dividend. If this  earnings growth trend continues we should see a dividend increase this year. 
Post by MaxCdnon May 01, 2019 9:39am

Great quarter # 9

Great small cap for sure... 7.5 times trailing adjusted EPS, book value of $10.65 !!! And in bonus a nice dividend of 3.6%.  Nice job here... 
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