CHESSWOOD GROUP (CHW) Stocks

ABOUT CHESSWOOD GROUP

Chesswood Group Limited is a Canadian financial services company operating in the specialty finance industry. It headquarters in Ontario.

Pawnee Leasing Corporation, located in Fort Collins, Colorado, is Chesswood’s largest operating company. In business since 1982, Pawnee is an industry leader in commercial micro-ticket equipment finance to small and medium-sized businesses across the lower forty-eight states of the U.S. Pawnee’s operating income comprises approximately 80% of Chesswood’s consolidated operating income.

Tandem Finance Inc., located in Houston, Texas, provides equipment-financing solutions for all credit profiles through equipment vendors and distributors in the United States. Chesswood Group Limited bought Blue Chip Leasing Corporation in 2015. It has been in financing commercial equipment since 1996 and continues to be one of Canada’s fastest growing leasing companies.

Blue Chip specializes in providing equipment finance for small to mid-size transactions for businesses. Along with Pawnee Leasing, it provides Chesswood with a North American footprint in the small ticket equipment finance market.

Northstar Leasing Corporation, acquired in January 2014, is Chesswood’s Canadian non-prime equipment finance business. In June 2015, Northstar merged into Blue Chip.

OVERVIEW OF CHESSWOOD GROUP

• Chesswood Group Limited is involved in financial services businesses. The company operates through two division: Equipment Financing-U.S. and Equipment Financing-Canada.

• The Equipment Financing-U.S. division is involved in small-ticket equipment leasing and lending to small businesses. The Equipment Financing-Canada division provides commercial equipment financing to small businesses in Canada.

• Through its interests in subsidiaries, Chesswood is engaged in providing micro and small-ticket equipment financing to small businesses; providing working capital loans to small businesses in over 30 states of the United States; providing commercial equipment financing to small and medium businesses in Canada; and holding a portfolio of legal finance receivables in the United States.

VISION & VALUES OF CHESSWOOD GROUP

• Chesswood Group Limited’s approach to creating long-term value for its shareholders is to acquire financial services businesses that have proven management teams with market positions poised for growth, and to enhance these strengths through the provision of strategic, operating and financial support.

• Shareholders who purchase company shares can rest assured of superior value.

MARKET PERFORMANCE OF CHESSWOOD GROUP

• Chesswood Group Ltd. trades on Toronto Stock Securities Exchange (TSX) and lists under the stock symbol CHW. The company forms part of the TSX 500.

• For the nine months ended 30 September 2019, the company’s revenues increases with 16% to CUS Dollar 94.1 million. Net income before extraordinary items decreases 42% to CUS Dollar 9.4 million. Revenues reflect in the Equipment finance-U.S division increase 19% to CUS Dollar 80.2 million.

• Equipment Financing, the Canada segment increase with 4% to CUS Dollar 13.7 million. The United States division increase with 19% to CUS Dollar 80.2 million and the Canada division increase with 3% to CUS Dollar 13.9 million.

Buy CHESSWOOD GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase CHESSWOOD GROUP Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CHESSWOOD GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CHESSWOOD GROUP STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CHESSWOOD GROUP STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CHESSWOOD GROUP stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy CHESSWOOD GROUP stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?