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Carfinco Financial Group Inc T.CFN

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

Carfinco Financial Group Inc is engaged in the business of providing vehicle financing to consumers. It purchases loans made by select independent and franchised vehicle dealers in all ten Canadian provinces.
Price: $9.49 | Change: +$0.03 | % Change: +0.32%
Volume: 50,559 | Day High/Low: 9.50/9.40 | 52 Week High/Low: 12.97/8.05

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5 stars

RE:RE:RE:RE:RE:RE:RE:Growing pains

Yep, my thoughts exactly.  I don't give much merit the Howard Group puts out for Carfinco as I realize they are paid schills.   But here it is in a nutshell:  This is all about management execution. ...read more
0 stars

RE:RE:RE:RE:RE:RE:Growing pains

Yeah that's all very nice but 2 things 1 that article is almost a year old. 2 Howard Group? Paid CFN cheerleaders.  rate and reply
0 stars

RE:RE:RE:RE:RE:Growing pains

http://howardgroupinsightnewsletter.blogspot.ca/2013/05/carfinco-perspective-on-market-activity.html  rate and reply
0 stars

RE:RE:RE:RE:Growing pains

westcoast604- to which article are u referring???  rate and reply
0 stars

RE:RE:RE:RE:Growing pains

No probelm :) Carfinco has an amazing track record so they definitely will pull through to the other side unfortunitely and if you can wait for the tree to shake a bit more and wait for the duldrums...read more
0 stars

RE:RE:RE:Growing pains

Great article, thanks!  rate and reply
0 stars

RE:RE:Growing pains

I just talked to Mr. Graf, he was saying they're still considering adding the GPS tech on the US side,  this is because PAC products are 100% full recourse to the dealerships. He said PAC goes after...read more
0 stars

RE:RE:Growing pains

I disagree I think this is going lower have a look at the past without the US question mark as to how they will execute.  I dont think we will see 8.50 but I will have another look at this in May Jun...read more
0 stars

RE:RE:Growing pains

I disagree this is going lower "I think" escpecially over the summer look at a 2013 publication at the woes they had when they had issues with 4th quarter and loan loss increases this was all without...read more
0 stars

RE:Growing pains

I ave a bought more and agree with your thoughts.  Carfinco has not been able to replicate their business model completely over to the US as of yet.  Once this is complete and they have the GPS...read more
0 stars

RE:RE:Growing pains

I am waiting as well however an rsi of 30 is about the lowest I have seen for this stock.  rate and reply
3.5 stars

RE:Growing pains

I agree still a great company with no fear of collecting a great divy but i perfer to just wait some of those growing pains out as people tend to panic as you can see.  I think this may go down...read more
0 stars

Growing pains

I think it may be reasonable that the disapointing financial results may be a matter of growing pains during a very cold winter in a new market. The numbers on late payments may reflect the company...read more
0 stars

RE:Delinquent accounts...more bad news..

Tierney: You wrote "Are they doing proper credit checks". Do you not realise that this company lends to people with the poorest records of all?? Receivables should not be much of a concern. Carfinco...read more
0 stars

Sold mine after holding for some time right at

the open after reading the results. The dividend is safe of course the business model is intact but I think there is some further downside in the dog days of summer.  Sounds strange but have seen...read more
3 stars

RE:RE:Tierney

Fair enough Tierney (although it didn't take me long to look at your posting history).  I've been with CFN for about 18 months and it's disappointing to see its SP nearly back to where it was a year...read more
5 stars

RE:Tierney

I'm flattered that you would take the time to look at my history :) I prefer to spend my time researching companies that I've invested my hard earned money in. For the past three years, I've been very...read more
3 stars

Tierney

Some of the points you have made may be valid and you may in fact have "skin in the game". But one of the advantages of SH is that you can check someone's posting history.  In your case, you have made...read more
0 stars

RE:RE:RE:Delinquent accounts...more bad news..

Agreed, I listened to the call again today..I was encouraged by what Tracy said. Other startups have tried to compete in the past, but are no longer in the auto finance business. I hope history...read more
0 stars

RE:RE:Delinquent accounts...more bad news..

I think this is a direct result of the increased competition they mentioned in the conference call.  Revenues are up, but they are getting the really poor credit-worth customers. Longer aging of the...read more