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Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History

Carfinco Financial Group Inc T.CFN

Sector: Financial Services | Sub-Sector: Credit Services
Alternate Symbol(s):  CFIOF

Carfinco Financial Group Inc provides consumer financing for vehicle purchases. It purchases loans, originated by select independent and franchise vehicle dealers to consumers buying late model used automobiles.
Price: $11.35 | Change: +$2.76 | %Change: +32.13%
Volume: 2.7m | Day High/Low: 11.46/11.32 | 52 Week High/Low: 12.97/7.40
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0 stars

RE:RE:RE:RE:RE:Is it just me?

It is garbage and investors will eat it.  I made money but I am not pleased.  This whole deal was a crock.  rate and reply
0 stars

RE:RE:RE:RE:Is it just me?

Its frustrating, unless you were given the chance to buy in at 7.58 last week. :)  rate and reply
5 stars

RE:RE:RE:Is it just me?

Would you have been as happy with $11.25 buyour price if this stock was $11 when the buyout price was offered?  No you would not.  Walk it down with the market makers and the buyout suddenly becomes...read more
0 stars

RE:AWE sh*t

I will gladly take this problem every year of my life.  rate and reply
0 stars

RE:RE:Is it just me?

Why would management want to take the stock price down? Wouldn't it make more sense to have the price higher, to obtain a higher purchase price?  rate and reply
3 stars

RE:Is it just me?

Undoubtedly....walked down the line.  Seen it a hundred times.  rate and reply
0 stars

Special Dividend

Capped @.10...Did not expect that NR...but can understand why with all the speculation on the sale of PAC.    Still hanging  on to see just what shakes over time.  Great/Good  BB postings and info...read more
0 stars

RE:RE:RE:thanks guys

I was following SAN, sov.pr.c sounds like a preferred share not sure of the relatiaonship of the other  rate and reply
4.5 stars

RE:RE:PAC Divestment

That's why the price dropped. shorters onl;y on the hook for $.26 max if sales is completed by end of year. so its 11.25+.16+.10=11.51 MAX.  rate and reply
0 stars

RE:RE:thanks guys

Santander may be a contender. But I think I will wait until cfn shakes out with Pac. But what is the difference (other than the divvy) between sov.pr.c and sc??  rate and reply
0 stars

RE:PAC Divestment

Special Divvy a max of $0.10 just announced  rate and reply
0 stars

RE:thanks guys

Santander has a good dividend ~7+%, not likely a lot of downside nor perhaps upside (maybe a bit on the forex side of things if CDN$ dips a few percent)  rate and reply
0 stars

AWE sh*t

Unless the whole stock market tanks between now and xmas,  now I've got a horrendous capital gain tax bill to deal with  rate and reply
0 stars

thanks guys

Cheswood i already own and autocanada is very expensive and only pays 1.4% divy. I own many reits but none in this field. If I look at the thompson reuters report they list a whole bunch of peeer...read more
0 stars

RE:RE:RE:RE:RE:RE:is anyone invested in a similar company

ACQ Autocanada.  That way you take the other side of the trade.  Dealer who uses the financier.  If you believe in the sector or that Banco Santander is correct that is.  rate and reply
5 stars

RE:RE:RE:RE:RE:is anyone invested in a similar company

Chesswood is an illiquid manipulated stock. Avoid.  rate and reply
0 stars

RE:RE:RE:RE:is anyone invested in a similar company

Chesswood (CHW) has a 5% divy likely will be raised again in the next few months, the share price has lagged for the past 8 months (similar to CFN) but may start to run again (I hope)  rate and reply
0 stars

RE:RE:PAC Divestment

Just to throw out another approach. I can borrow money at 4% (plus write it off) -- collect the 5.5% div and perhaps another bidder comes forward.  rate and reply
0 stars

RE:RE:PAC Divestment

We are a buy and hold  mostly dividend investor.....trade/sell only on overweight positions...CFN is now in that wonderful situation but we will still keep our holdings in the tax protected account...read more
0 stars

RE:PAC Divestment

I think its quite possible, and thats what the arbitragers are thinking now.... The question is are you an arbitrager, looking for an extra 40c, or should you just sell and put the proceeds somewhere...read more