Bullboard - Stock Discussion Forum ECN Capital Corp T.ECN

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

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments: Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers manufactured housing, recreational vehicles, and marine loans; and commercial loans, such as floorplan and rental loans. It also serves banks, credit unions, life... see more

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Comment by Blueswinon Aug 19, 2023 2:39pm

RE:This is the start of the Hudson exit plan - stay long

I think this write up was very insightful on many levels. I agree that it would appear the compnany will be sold in the next two years. The boat & RV. component probably as early as the next 6 ...more

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Post by Cheeky20on Aug 18, 2023 11:18am

This is the start of the Hudson exit plan - stay long

This is effectively the start of the end for ECN/Triad. For those that listened to the earnings call or read the transcript ECN doesn't really exist anymore. It's all been rolled ...more

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Post by bmbruceon Aug 16, 2023 4:37pm

transcript of CC for Q2 '23

Thanks, Gillian. Good afternoon, everyone. First, I want to thank everyone for joining the call. Joining us today from ECN are Steve Hudson, Chief Executive Officer; Michael Lepore, Chief Financial ...more

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Comment by Smallcap123123on Aug 16, 2023 4:22pm

RE:RE:RE:company valuation

Agreed. I also think that people underestimate how solid the SKY partnership is. They are second behind Clayton and provide tremendous upside value to Ecn. Clearly a way to not sell the company into a ...more

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Comment by Possibleidiot01on Aug 16, 2023 9:02am

RE:RE:company valuation

You have a good point about short term investors ; looks to me like their supply of shares overwhelmed new buyers yesterday . I can't see the ongoing review of the marine and RV business going too ...more

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Comment by Defiance2050on Aug 15, 2023 10:39pm

RE:company valuation

Overall it looks based on the market reaction that a fair amount of people were in ECN for a buyout ie or sale of assets. It is a long term positive to have a new business partner and the additional ...more

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Post by Blueswinon Aug 15, 2023 10:14pm

ECN Capital Target Lowered to $4.50 at National Bank, Outper

ECN Capital reported Q2-23 adj. EPS of $0.00 missing the Street's $0.04 (NBF at $0.05). The company also announced Skyline Champion is investing $138 million in it to acquire a 19.9 ...more

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Comment by Blueswinon Aug 15, 2023 11:18am

RE:perhaps a shift in sentiment

Raymond James analyst Stephen Boland thinks ECN Capital Corp.’s (ECN-T) second-quarter results were weak due to “industry and company-specific lapses,” however he believes the company is in “a ...more

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Post by bmbruceon Aug 15, 2023 11:09am

perhaps a shift in sentiment

ECN Capital was upgraded by analysts at Raymond James from a "market perform" rating to an "outperform" rating.

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Comment by Possibleidiot01on Aug 14, 2023 8:37pm

RE:re-Triad Financial Services Announces $1.14 Billion...

No one can complain these announcements were boring and unimportant!

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Post by bmbruceon Aug 14, 2023 8:06pm

re-Triad Financial Services Announces $1.14 Billion...

Triad Financial Services Announces $1.14 Billion in Consumer Financing This announcement looks promising for ECN, with its subsidiary Triad Financial Services securing $1.14 billion financing from ...more

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Post by Possibleidiot01on Aug 14, 2023 7:53pm

company valuation

I think the $3.04 that Skyline is paying for 19.9% should give us a good idea of what the company is worth. Skyline invested to make money so $3.04 should be a bottom for the company ; hopefully logic ...more

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Post by PressReleaseon Aug 14, 2023 5:31pm