Carfinco Financial Group Inc. Investor Presentation Now Available
CALGARY, ALBERTA -- (Marketwire) -- 11/07/12 --
Editor's Note: There is a photo associated with this release.
Carfinco Financial Group Inc. (TSX:CFN)
On October 24, 2012 The Howard Group hosted its 4th annual
"Opportunity Knocks" investor conference in Calgary. Troy Graf, COO
of Carfinco Financial Group provided an overview of the company to an
audience of investment advisors & private investors.
A recording of the presentation is now available online. Click here
to view - http://www.howardgroupinc.com/portals/0/Events.aspx.
Highlights on Carfinco are as follows:
-- Targets an annual 20% loan portfolio growth.
-- Board of directors intends to maintain a 4 cent per month cash dividend
in 2012 & beyond.
-- Twelve consecutive quarters of normalized earnings before tax.
-- Large management and board ownership aligns the interest with
-- Earnings per share for Q2 2012 was 22 cents.
-- Return on shareholder's equity for Q2 2012 on an annualized basis was
About Carfinco Financial Group Inc.
Carfinco focuses on providing consumer vehicle loans to borrowers
unable to obtain financing through traditional lending sources. A
network of select independent and franchise dealerships offer
Carfinco's payment plan to their customers who must, along with the
vehicle, meet Carfinco's underwriting guidelines. The shares of the
Company trade on The Toronto Stock Exchange under the symbol "CFN".
Caution Regarding Forward-Looking Statements - This news release
contains certain forward-looking statements, including statements
regarding the business and anticipated financial performance of the
Fund. These statements are subject to a number of risks and
uncertainties. Actual results may differ materially from results
contemplated by the forward-looking statements. When relying on
forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and should not place undue reliance on such
To view the photo associated with this release, click the following
Carfinco Financial Group Inc.
Mr. Tracy A. Graf
CEO & Director
Toll Free: 1-888-486-4356
The Howard Group Inc.
(403) 221-0915 or Toll Free: 1-888-221-0915
(403) 237-8387 (FAX)
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