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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: $10.53 | Change: +$0.03 | %Change: +0.29%
Volume: 31,593 | Day High/Low: 10.56/10.53 | 52 Week High/Low: 11.80/7.40
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5 stars

RE:RE:taking profits

Nice try. Major short covering recently. Retail sheep are those who panic sold following div. cut.  rate and reply
0 stars

RE:taking profits

Good move. Short position has been increasing for past 3 months. The retail sheep are always left holding the bag.  rate and reply
0 stars

RE:RE:RE:RE:Bank of Spain Approves Santander Acquisition of Carfinco Fin

Actually, it's just 0.04% of Santander's market cap. Petty cash.  rate and reply
0 stars

taking profits

I'm out here. Glta on the remaining arb play  rate and reply
0 stars

RE:RE:RE:Bank of Spain Approves Santander Acquisition of Carfinco Fin

yetta wrote: Sorry your fear has left you shaking without any shares but you can still make ~70 cents a share if you buy in tomorrow. Up to 80 if we get the special dividend.  rate and reply
0 stars

RE:RE:RE:Bank of Spain Approves Santander Acquisition of Carfinco Fin

Exactly JABS. You know what the market cap of B. Santander is? $84 BILLION. This deal is 0.4% of their market cap. Chump change for them. Do you think they're sweating over owning this? It's just...read more
5 stars

RE:RE:Bank of Spain Approves Santander Acquisition of Carfinco Fin

They have gone this far, I think its safe to say Satander wants this deal. Its only 300 million bucks. Thats a small sum for a big bank, and they are focused on entering new markets such as Canada. If...read more
5 stars

RE:RE:Bank of Spain Approves Santander Acquisition of Carfinco Fin

The due date is March 1st which can be extended if both parties agree and as for PAC sale, they're probably just dotting the i's and crossing the t's at this point. Expect a news release in the next...read more
1 star

RE:Bank of Spain Approves Santander Acquisition of Carfinco Fin

While it may close at some point, Santander is holding all of the cards. The US operations must be sold on a timely basis and at a defined minimum price. If they cannot secure this price, Santander...read more
5 stars

Ccord-- CarFinicky

Carfinco Financial Group* (CFN : TSX : $9.50), Net Change: 1.10, % Change: 13.10%, Volume: 461,052 REMEMBER AN LOI IS JUST AN LOI, UNTIL THE DEAL CLOSES. Carfinco Financial has entered into a non...read more
5 stars

Bank of Spain Approves Santander Acquisition of Carfinco Fin

Monday, January 26, 2015   Bank of Spain Approves Santander Acquisition of Carfinco Financial Group Inc. 08:00 EST Monday, January 26, 2015 TSX: CFN EDMONTON, Jan. 26, 2015 /CNW...read more
5 stars

RE:GMP Securities Buying Today

buying more shares tomorrow ...thanks  rate and reply
0 stars

RE:RE:RE:GMP Securities Buying Today

Thanks.  GMP probably were assisting in the sale of the US business and were not able to buy prior to the release. This business was bought for $9 million so it's a small transaction to get done.  rate and reply
0 stars

RE:RE:GMP Securities Buying Today

GMP is #074. I have level II TDW, shows 5 days' action. They bought ~30,000 shares Fri. None before Fri. so I guess they were waiting for that press release for confirmation.  rate and reply
0 stars

RE:GMP Securities Buying Today

How do u know they were buying?  What TSX number R they?  rate and reply
0 stars

RE:Repot Depot

Lol! Good money in repo resales. Maybe I'll buy the company with my CFN profits. Don't be scared IDGO...you still have time to make some $$$. You'll thank me later.  rate and reply
1 star

Repot Depot

After Santander nixes the deal, you can sell what is left of the value of your shares and stop by the Repo Depot and maybe buy a junker or two. http://www.persianacceptance.com/repo-depot.html  rate and reply
0 stars

GMP Securities Buying Today

Good to see GMP, the advisors on this deal, buying 1,000's of shares todayon the news. They're obviously feeling confident the deal will close, adding to or perhaps reinitiating their position. It's...read more
0 stars

BNN

http://www.bnn.ca/News/2015/1/23/Subprime-lender-Carfinco-surges-but-still-trading-below-takeover-price.aspx Just there assessment but jives with this board.  rate and reply
0 stars

RE:RE:RE:Carfinco Enters into Letter of Intent with respect to the...

In the worse case it will become for me a long term investment. The company will still be good and they might put back their dividend to 4c.  rate and reply