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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSXV:AFCC.H)

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Post by samrakon Sep 25, 2024 8:49pm

loan/dividend

We are now less than 2 months from the scheduled repayment of the $21 million loan plus accumulated interest.  Interest began being paid last quarter.  Assuming the loan is repaid in cash or ...more  
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(3)
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  • joblo121823X
Comment by joblo121823on May 11, 2023 7:46pm

RE:Finally sold out

des anciens membres de augyva mining eheh ca se passe de de commentaires pour le dnoument afcc.h
Post by JayBankson Feb 14, 2023 6:35pm

Finally sold out

Took a while, decided to bite the bullet and just take the hit and run from this name. I'm fairly lucky to walk away with only about 10% loss in a little over a year... I thought it was good go ...more  
Post by DemDemon Nov 22, 2022 11:27am

afcc.h

I 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 ...more  
Comment by JayBankson Nov 22, 2022 3:14am

RE:RE:RE:RE:RE:Very good news! AFCC.H CHRISTMAS BEFORE TIME!

  Don't worry I've looked it over and agree with your maths and thoughts, all this transaction does is slow the bleed. The stuff in brackets is my 'pie in the sky' hope lol I ...more  
Comment by JayBankson Nov 22, 2022 12:15am

RE:RE:RE:Very good news! AFCC.H CHRISTMAS BEFORE TIME!

I too am in this still and kinda got myself stuck collecting a small payout every month. It's somewhat nice to know they are finally doing something with some money to maybe support the payout ...more  
Comment by DemDemon Nov 21, 2022 10:21pm

RE:RE:Very good news! AFCC.H CHRISTMAS BEFORE TIME!

You are right up to a point. They have already been active and it paid off big. They have ceased to be active and they have always paid an astronomical dividend. He becomes active again and pursues ...more  
Post by DemDemon Nov 19, 2022 2:45pm

Very good news! AFCC.H CHRISTMAS BEFORE TIME!

  Automotive Finco to provide $21M loan to AA Finance   2022-11-18 17:39 ET - News Release   Ms. Shannon Penney reports AUTOMOTIVE FINCO CORP. ANNOUNCES NEW LOAN WITH STRONG ...more  
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  • goldigger2X
Comment by goldigger2on Sep 12, 2022 3:34pm

RE:$1.27

Don't overthink it.  Just be grateful and accept the gifts of dividend! 
Post by DemDemon Apr 29, 2022 11:49pm

AFCC.H

The prospectus is out, but I'm not sure I understood everything. Certainly, this time it is larger than usual.
Post by JayBankson Dec 07, 2021 8:27am

I Trimmed Yesterday

I trimmed my position about 30% yesterday, unfortunately I didn't get a good price, I should have jumped out at higher prices the past couple weeks, but I needed to make the move to make capital ...more  
Post by JayBankson Nov 24, 2021 11:49pm

“Earnings” are out…

Well nothing surprising, Payout is happening, management got paid, no income, pretty much same as other reports but numbers are getting smaller... But I found this amusing: FUTURE PROSPECTS The ...more