This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsICPEI Holdings（ICPH）株式概要ICPEI Holdings Inc., through its subsidiaries, provides property and casualty insurance products and services in Canada. 詳細ICPH ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性4/6配当金0/6報酬当社が推定した公正価値より34.7%で取引されている 過去1年間で収益は37.1%増加しました リスク分析Canadian市場と比較して、過去 3 か月間の株価の変動が非常に大きい意味のある時価総額がありません ( CA$61M )すべてのリスクチェックを見るICPH Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW472,758 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA472,758 investors already sharing narrativesYour Fair ValueCA$Current PriceCA$3.98該当なし内在価値ディスカウントEst. Revenue$PastFuture-118m221m2016201920222025202620282031Revenue CA$138.8mEarnings CA$11.1mAdvancedSet Fair ValueView all narrativesICPEI Holdings Inc. 競合他社Trisura GroupSymbol: TSX:TSUMarket cap: CA$2.0bDefinity FinancialSymbol: TSX:DFYMarket cap: CA$9.7bEast West InsuranceSymbol: KASE:EWICMarket cap: PK₨22.7bAXA Mansard InsuranceSymbol: NGSE:MANSARDMarket cap: ₦111.8b価格と性能株価の高値、安値、推移の概要ICPEI Holdings過去の株価現在の株価CA$3.9852週高値CA$4.5052週安値CA$1.75ベータ0.491ヶ月の変化0%3ヶ月変化76.89%1年変化99.00%3年間の変化-34.11%5年間の変化-68.69%IPOからの変化-61.13%最新ニュースお知らせ • Dec 10+ 1 more updateDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 millionDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 million on December 9, 2022. The Consortium, will indirectly acquire all of the issued and outstanding common shares of the Company for cash consideration of CAD 4 per Company Share. The Rollover Shareholders currently beneficially own, or exercise control or direction over, approximately 33.1% of ICPEI Holdings. Following closing of the Transaction, the Company Shares are expected to be delisted from the TSX Venture Exchange. The ICPEI Board may terminate the arrangement agreement in favour of an unsolicited superior proposal, subject to the payment of a termination fee of CAD 2.4 million and subject to a right of the Purchaser to match such superior proposal. The arrangement agreement also provides for payment by the Purchaser of a reverse termination fee of CAD 2.4 million if the arrangement agreement is terminated in certain specified circumstances, including if the Purchaser does not satisfy its obligation to provide sufficient funds to complete the transaction. The transaction is subject to court approval and other customary closing conditions. The Board (excluding conflicted directors), following receipt of the unanimous recommendation of the Special Committee, unanimously approved the Arrangement Agreement. The Company expects to hold the Special Meeting to consider and vote on the Transaction in February 2023. The Transaction is expected to close in the first quarter of 2023. Origin Merchant Partners is acting as the exclusive financial advisor to the Special Committee in connection with the Transaction. Blake, Cassels & Graydon LLP is acting as legal counsel to the Special Committee. McCarthy Tétrault LLP is acting as legal counsel to the Purchaser and Desjardins Capital Markets is acting as financial advisor to the Purchaser,お知らせ • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.お知らせ • Jan 06ICPEI Holdings Inc. announced that it has received CAD 0.850001 million in fundingOn January 4, 2022, ICPEI Holdings Inc. closed the transaction. The transaction has received conditional approval from the TSX Venture Exchange and is subject to final approval by the TSX Venture Exchange. Certain insider of the company has subscribed for an aggregate of CAD 100,000 of shares. The transaction was approved by the independent directors of the company. The shares issued pursuant to the transaction are subject to a four-month-and-one-day hold period ending on May 5, 2022.お知らせ • Nov 27ICPEI Holdings Inc. announced that it expects to receive CAD 0.850001 million in fundingICPEI Holdings Inc. announced a non-brokered private placement of up to 440,415 at a price of CAD 1.93 per FALSE for gross proceeds of up to CAD 850,000.95 on November 26, 2021. The transaction is subject to approval from TSX Venture Exchange. The transaction has been approved by the board of director's of the company. The securities are being subject to four months and one day hold period. On closing of the transaction, it is expected that certain insider will subscribe for an aggregate of CAD 100,000 of shares.お知らせ • Apr 03EFH Holdings Inc. announced that it has received CAD 3.884552 million in fundingOn April 1, 2021, EFH Holdings Inc. (TSXV:EFH) closed the transaction. The Shares issued pursuant to the Private Placement are subject to a four month and one day hold period, ending on August 2, 2021, in accordance with applicable Canadian securities legislation. The Private Placement have received the conditional approval of the TSX Venture Exchange and remain subject to final approval by the TSX Venture Exchange.お知らせ • Mar 13EFH Holdings Inc. announced that it expects to receive CAD 3.739002 million in fundingEFH Holdings Inc. (TSXV:EFH) announced a private placement of up to 2,633,100 common shares at an issue price of CAD 1.42 per share for gross proceeds of CAD 3,739,002 on March 11, 2021. The shares issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of closing of the transaction. In addition, the transaction is subject to the approval of the TSX Venture Exchange.最新情報をもっと見るRecent updatesお知らせ • Dec 10+ 1 more updateDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 millionDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 million on December 9, 2022. The Consortium, will indirectly acquire all of the issued and outstanding common shares of the Company for cash consideration of CAD 4 per Company Share. The Rollover Shareholders currently beneficially own, or exercise control or direction over, approximately 33.1% of ICPEI Holdings. Following closing of the Transaction, the Company Shares are expected to be delisted from the TSX Venture Exchange. The ICPEI Board may terminate the arrangement agreement in favour of an unsolicited superior proposal, subject to the payment of a termination fee of CAD 2.4 million and subject to a right of the Purchaser to match such superior proposal. The arrangement agreement also provides for payment by the Purchaser of a reverse termination fee of CAD 2.4 million if the arrangement agreement is terminated in certain specified circumstances, including if the Purchaser does not satisfy its obligation to provide sufficient funds to complete the transaction. The transaction is subject to court approval and other customary closing conditions. The Board (excluding conflicted directors), following receipt of the unanimous recommendation of the Special Committee, unanimously approved the Arrangement Agreement. The Company expects to hold the Special Meeting to consider and vote on the Transaction in February 2023. The Transaction is expected to close in the first quarter of 2023. Origin Merchant Partners is acting as the exclusive financial advisor to the Special Committee in connection with the Transaction. Blake, Cassels & Graydon LLP is acting as legal counsel to the Special Committee. McCarthy Tétrault LLP is acting as legal counsel to the Purchaser and Desjardins Capital Markets is acting as financial advisor to the Purchaser,お知らせ • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.お知らせ • Jan 06ICPEI Holdings Inc. announced that it has received CAD 0.850001 million in fundingOn January 4, 2022, ICPEI Holdings Inc. closed the transaction. The transaction has received conditional approval from the TSX Venture Exchange and is subject to final approval by the TSX Venture Exchange. Certain insider of the company has subscribed for an aggregate of CAD 100,000 of shares. The transaction was approved by the independent directors of the company. The shares issued pursuant to the transaction are subject to a four-month-and-one-day hold period ending on May 5, 2022.お知らせ • Nov 27ICPEI Holdings Inc. announced that it expects to receive CAD 0.850001 million in fundingICPEI Holdings Inc. announced a non-brokered private placement of up to 440,415 at a price of CAD 1.93 per FALSE for gross proceeds of up to CAD 850,000.95 on November 26, 2021. The transaction is subject to approval from TSX Venture Exchange. The transaction has been approved by the board of director's of the company. The securities are being subject to four months and one day hold period. On closing of the transaction, it is expected that certain insider will subscribe for an aggregate of CAD 100,000 of shares.お知らせ • Apr 03EFH Holdings Inc. announced that it has received CAD 3.884552 million in fundingOn April 1, 2021, EFH Holdings Inc. (TSXV:EFH) closed the transaction. The Shares issued pursuant to the Private Placement are subject to a four month and one day hold period, ending on August 2, 2021, in accordance with applicable Canadian securities legislation. The Private Placement have received the conditional approval of the TSX Venture Exchange and remain subject to final approval by the TSX Venture Exchange.お知らせ • Mar 13EFH Holdings Inc. announced that it expects to receive CAD 3.739002 million in fundingEFH Holdings Inc. (TSXV:EFH) announced a private placement of up to 2,633,100 common shares at an issue price of CAD 1.42 per share for gross proceeds of CAD 3,739,002 on March 11, 2021. The shares issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of closing of the transaction. In addition, the transaction is subject to the approval of the TSX Venture Exchange.お知らせ • Dec 23EFH Holdings to Delist from TSXEffective at the opening Wednesday, December 23, 2020, the shares of the EFH Holdings Inc. (Echelon Financial Holdings Inc.) will commence trading on TSX Venture Exchange. The Company is classified as an 'Insurance Carriers" company (NAICS#5241). The Company is presently trading on the Toronto Stock Exchange and will be delisted at the market close on Tuesday, December 22, 2020. Pursuant to a resolution passed by shareholders on December 11, 2020, the Company has changed its name to EFH Holdings Inc. There is no consolidation of capital. Effective at the opening December 23, 2020, The common shares of EFH Holdings Inc. will commence trading on TSX Venture Exchange and the common shares of Echelon Financial Holdings Inc. will be delisted.お知らせ • Dec 15Echelon Financial Holdings Updates on Transfer of Listing from TSX to TSXVEchelon Financial Holdings Inc. announced on December 14, 2020 that it has received acceptance to be listed on the TSX Venture Exchange ("TSXV") following its announcement on August 26, 2020 that it intended to seek a listing on the TSXV and to delist from the Toronto Stock Exchange. The proposed date of the transition from the TSX to TSXV is December 22, 2020. EFH stock will be delisted on the Toronto Stock Exchange at the end of the trading day on December 22, 2020 and will be listed on the TSX Venture Exchange at the opening on December 23, 2020. At the same time, the Company has received approval to change its name to EFH Holdings Inc. and is taking steps to implement the name change. The stock symbol on the TSXV will remain as "EFH". With the current size and scale of operation, the board has decided that a listing on the TSXV is more suitable than the TSX to reduce costs and have suitable followings until it has grown to a significantly larger size in the future. Given that the TSXV is an acceptable alternate market for the listed stock, shareholder approval is not required for the delisting on the TSX.お知らせ • Dec 13Echelon Financial Holdings Inc. Approves the Appointment of Robert Ghiz as DirectorEchelon Financial Holdings Inc. announced at its AGM held on December 11, 2020, the shareholders approved the appointment of Robert Ghiz as Director.Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 19% share price gain to CA$1.60, the stock is trading at a trailing P/E ratio of 4.8x, up from the previous P/E ratio of 4x. This compares to an average P/E of 11x in the Insurance industry in Canada. Total returns to shareholders over the past three years are 66%.Recent Insider Transactions • Nov 23Independent Director recently bought CA$363k worth of stockOn the 17th of November, James Reeve bought around 269k shares on-market at roughly CA$1.35 per share. In the last 3 months, they made an even bigger purchase worth CA$649k. Insiders have collectively bought CA$1.2m more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 27% share price gain to CA$1.71, the stock is trading at a trailing P/E ratio of 5.1x, up from the previous P/E ratio of 4x. This compares to an average P/E of 11x in the Insurance industry in Canada. Total returns to shareholders over the past three years are 76%.Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS CA$0.24The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$12.5m (up 35% from 3Q 2019). Net income: CA$2.92m (up CA$3.43m from 3Q 2019). Profit margin: 23% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS CA$0.25The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$12.5m (up 35% from 3Q 2019). Net income: CA$2.92m (up CA$3.43m from 3Q 2019). Profit margin: 23% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 13Echelon Financial Holdings Inc. Announces Board AppointmentsEchelon Financial Holdings Inc. announced that Robert Ghiz and Sharon Ranson have been appointed to the Company's Board of Directors, effective November 12, 2020. Robert Ghiz is President and CEO of the Canadian Wireless Telecommunications Association and former Premier of Prince Edward Island. He is a member of the board of directors and Chair of the audit and risk committee of the Insurance Company of Prince Edward Island, the Company's subsidiary. Mr. Ghiz and Ms. Ranson will be subject to election at the Company's annual and special general meeting of shareholders on December 11, 2020. Both have been appointed to serve on the Company's Audit and Risk Committee.Recent Insider Transactions • Oct 08President recently bought CA$599k worth of stockOn the 1st of October, Serge Lavoie bought around 444k shares on-market at roughly CA$1.35 per share. This was the largest purchase by an insider in the last 3 months. Serge has been a buyer over the last 12 months, purchasing a net total of CA$271k worth in shares.お知らせ • Sep 30An unknown buyer acquired Echelon Financial Holdings Inc. (TSX:EFH) from EdgePoint Investment Group Inc. and Cymbria Corporation (TSX:CYB), fund managed by EdgePoint Investment Group Inc. for CAD 4.8 million.An unknown buyer acquired Echelon Financial Holdings Inc. (TSX:EFH) from EdgePoint Investment Group Inc. and Cymbria Corporation (TSX:CYB), fund managed by EdgePoint Investment Group Inc. for CAD 4.8 million on September 29, 2020. Under the terms of transaction, the buyer acquired acquire 2.4 million shares from Cymbria Corporation; fund managed by EdgePoint Investment Group Inc. and 1.15 million shares from EdgePoint Investment Group Inc. Upon completion, the control of shares of Echelon Financial, held by EdgePoint Investment were reduced and Cymbria would not own any share in Echelon. An unknown buyer completed the acquisition of Echelon Financial Holdings Inc. (TSX:EFH) from EdgePoint Investment Group Inc. and Cymbria Corporation (TSX:CYB), fund managed by EdgePoint Investment Group Inc. on September 29, 2020.株主還元ICPHCA InsuranceCA 市場7D0.8%1.2%2.0%1Y99.0%34.6%29.8%株主還元を見る業界別リターン: ICPH過去 1 年間で34.6 % の収益を上げたCanadian Insurance業界を上回りました。リターン対市場: ICPH過去 1 年間で29.8 % の収益を上げたCanadian市場を上回りました。価格変動Is ICPH's price volatile compared to industry and market?ICPH volatilityICPH Average Weekly Movement29.2%Insurance Industry Average Movement3.1%Market Average Movement9.7%10% most volatile stocks in CA Market16.3%10% least volatile stocks in CA Market3.7%安定した株価: ICPHの株価は、 Canadian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: ICPHの 週次ボラティリティ は、過去 1 年間で17%から29%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト1987n/aSerge Lavoieicpei.caもっと見るICPEI Holdings Inc. 基礎のまとめICPEI Holdings の収益と売上を時価総額と比較するとどうか。ICPH 基礎統計学時価総額CA$60.57m収益（TTM）CA$5.78m売上高(TTM)CA$72.43m10.5xPER（株価収益率0.8xP/SレシオICPH は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ICPH 損益計算書（TTM）収益CA$72.43m売上原価CA$53.54m売上総利益CA$18.89mその他の費用CA$13.11m収益CA$5.78m直近の収益報告Sep 30, 2022次回決算日該当なし一株当たり利益（EPS）0.38グロス・マージン26.08%純利益率7.97%有利子負債／自己資本比率8.7%ICPH の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/03/02 00:13終値2023/03/01 00:00収益2022/09/30年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ICPEI Holdings Inc. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Tom MacKinnonBMO Capital Markets Equity ResearchTom MacKinnonScotiabank Global Banking and MarketTimothy LazarisStifel Canada
お知らせ • Dec 10+ 1 more updateDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 millionDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 million on December 9, 2022. The Consortium, will indirectly acquire all of the issued and outstanding common shares of the Company for cash consideration of CAD 4 per Company Share. The Rollover Shareholders currently beneficially own, or exercise control or direction over, approximately 33.1% of ICPEI Holdings. Following closing of the Transaction, the Company Shares are expected to be delisted from the TSX Venture Exchange. The ICPEI Board may terminate the arrangement agreement in favour of an unsolicited superior proposal, subject to the payment of a termination fee of CAD 2.4 million and subject to a right of the Purchaser to match such superior proposal. The arrangement agreement also provides for payment by the Purchaser of a reverse termination fee of CAD 2.4 million if the arrangement agreement is terminated in certain specified circumstances, including if the Purchaser does not satisfy its obligation to provide sufficient funds to complete the transaction. The transaction is subject to court approval and other customary closing conditions. The Board (excluding conflicted directors), following receipt of the unanimous recommendation of the Special Committee, unanimously approved the Arrangement Agreement. The Company expects to hold the Special Meeting to consider and vote on the Transaction in February 2023. The Transaction is expected to close in the first quarter of 2023. Origin Merchant Partners is acting as the exclusive financial advisor to the Special Committee in connection with the Transaction. Blake, Cassels & Graydon LLP is acting as legal counsel to the Special Committee. McCarthy Tétrault LLP is acting as legal counsel to the Purchaser and Desjardins Capital Markets is acting as financial advisor to the Purchaser,
お知らせ • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.
お知らせ • Jan 06ICPEI Holdings Inc. announced that it has received CAD 0.850001 million in fundingOn January 4, 2022, ICPEI Holdings Inc. closed the transaction. The transaction has received conditional approval from the TSX Venture Exchange and is subject to final approval by the TSX Venture Exchange. Certain insider of the company has subscribed for an aggregate of CAD 100,000 of shares. The transaction was approved by the independent directors of the company. The shares issued pursuant to the transaction are subject to a four-month-and-one-day hold period ending on May 5, 2022.
お知らせ • Nov 27ICPEI Holdings Inc. announced that it expects to receive CAD 0.850001 million in fundingICPEI Holdings Inc. announced a non-brokered private placement of up to 440,415 at a price of CAD 1.93 per FALSE for gross proceeds of up to CAD 850,000.95 on November 26, 2021. The transaction is subject to approval from TSX Venture Exchange. The transaction has been approved by the board of director's of the company. The securities are being subject to four months and one day hold period. On closing of the transaction, it is expected that certain insider will subscribe for an aggregate of CAD 100,000 of shares.
お知らせ • Apr 03EFH Holdings Inc. announced that it has received CAD 3.884552 million in fundingOn April 1, 2021, EFH Holdings Inc. (TSXV:EFH) closed the transaction. The Shares issued pursuant to the Private Placement are subject to a four month and one day hold period, ending on August 2, 2021, in accordance with applicable Canadian securities legislation. The Private Placement have received the conditional approval of the TSX Venture Exchange and remain subject to final approval by the TSX Venture Exchange.
お知らせ • Mar 13EFH Holdings Inc. announced that it expects to receive CAD 3.739002 million in fundingEFH Holdings Inc. (TSXV:EFH) announced a private placement of up to 2,633,100 common shares at an issue price of CAD 1.42 per share for gross proceeds of CAD 3,739,002 on March 11, 2021. The shares issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of closing of the transaction. In addition, the transaction is subject to the approval of the TSX Venture Exchange.
お知らせ • Dec 10+ 1 more updateDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 millionDesjardins General Insurance Group Inc., key members of management, certain other employees and shareholders of ICPEI Holdings Inc. and certain other investors entered into an arrangement agreement to acquire remaining stake in ICPEI Holdings Inc. (TSXV:ICPH) for CAD 41 million on December 9, 2022. The Consortium, will indirectly acquire all of the issued and outstanding common shares of the Company for cash consideration of CAD 4 per Company Share. The Rollover Shareholders currently beneficially own, or exercise control or direction over, approximately 33.1% of ICPEI Holdings. Following closing of the Transaction, the Company Shares are expected to be delisted from the TSX Venture Exchange. The ICPEI Board may terminate the arrangement agreement in favour of an unsolicited superior proposal, subject to the payment of a termination fee of CAD 2.4 million and subject to a right of the Purchaser to match such superior proposal. The arrangement agreement also provides for payment by the Purchaser of a reverse termination fee of CAD 2.4 million if the arrangement agreement is terminated in certain specified circumstances, including if the Purchaser does not satisfy its obligation to provide sufficient funds to complete the transaction. The transaction is subject to court approval and other customary closing conditions. The Board (excluding conflicted directors), following receipt of the unanimous recommendation of the Special Committee, unanimously approved the Arrangement Agreement. The Company expects to hold the Special Meeting to consider and vote on the Transaction in February 2023. The Transaction is expected to close in the first quarter of 2023. Origin Merchant Partners is acting as the exclusive financial advisor to the Special Committee in connection with the Transaction. Blake, Cassels & Graydon LLP is acting as legal counsel to the Special Committee. McCarthy Tétrault LLP is acting as legal counsel to the Purchaser and Desjardins Capital Markets is acting as financial advisor to the Purchaser,
お知らせ • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.
お知らせ • Jan 06ICPEI Holdings Inc. announced that it has received CAD 0.850001 million in fundingOn January 4, 2022, ICPEI Holdings Inc. closed the transaction. The transaction has received conditional approval from the TSX Venture Exchange and is subject to final approval by the TSX Venture Exchange. Certain insider of the company has subscribed for an aggregate of CAD 100,000 of shares. The transaction was approved by the independent directors of the company. The shares issued pursuant to the transaction are subject to a four-month-and-one-day hold period ending on May 5, 2022.
お知らせ • Nov 27ICPEI Holdings Inc. announced that it expects to receive CAD 0.850001 million in fundingICPEI Holdings Inc. announced a non-brokered private placement of up to 440,415 at a price of CAD 1.93 per FALSE for gross proceeds of up to CAD 850,000.95 on November 26, 2021. The transaction is subject to approval from TSX Venture Exchange. The transaction has been approved by the board of director's of the company. The securities are being subject to four months and one day hold period. On closing of the transaction, it is expected that certain insider will subscribe for an aggregate of CAD 100,000 of shares.
お知らせ • Apr 03EFH Holdings Inc. announced that it has received CAD 3.884552 million in fundingOn April 1, 2021, EFH Holdings Inc. (TSXV:EFH) closed the transaction. The Shares issued pursuant to the Private Placement are subject to a four month and one day hold period, ending on August 2, 2021, in accordance with applicable Canadian securities legislation. The Private Placement have received the conditional approval of the TSX Venture Exchange and remain subject to final approval by the TSX Venture Exchange.
お知らせ • Mar 13EFH Holdings Inc. announced that it expects to receive CAD 3.739002 million in fundingEFH Holdings Inc. (TSXV:EFH) announced a private placement of up to 2,633,100 common shares at an issue price of CAD 1.42 per share for gross proceeds of CAD 3,739,002 on March 11, 2021. The shares issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of closing of the transaction. In addition, the transaction is subject to the approval of the TSX Venture Exchange.
お知らせ • Dec 23EFH Holdings to Delist from TSXEffective at the opening Wednesday, December 23, 2020, the shares of the EFH Holdings Inc. (Echelon Financial Holdings Inc.) will commence trading on TSX Venture Exchange. The Company is classified as an 'Insurance Carriers" company (NAICS#5241). The Company is presently trading on the Toronto Stock Exchange and will be delisted at the market close on Tuesday, December 22, 2020. Pursuant to a resolution passed by shareholders on December 11, 2020, the Company has changed its name to EFH Holdings Inc. There is no consolidation of capital. Effective at the opening December 23, 2020, The common shares of EFH Holdings Inc. will commence trading on TSX Venture Exchange and the common shares of Echelon Financial Holdings Inc. will be delisted.
お知らせ • Dec 15Echelon Financial Holdings Updates on Transfer of Listing from TSX to TSXVEchelon Financial Holdings Inc. announced on December 14, 2020 that it has received acceptance to be listed on the TSX Venture Exchange ("TSXV") following its announcement on August 26, 2020 that it intended to seek a listing on the TSXV and to delist from the Toronto Stock Exchange. The proposed date of the transition from the TSX to TSXV is December 22, 2020. EFH stock will be delisted on the Toronto Stock Exchange at the end of the trading day on December 22, 2020 and will be listed on the TSX Venture Exchange at the opening on December 23, 2020. At the same time, the Company has received approval to change its name to EFH Holdings Inc. and is taking steps to implement the name change. The stock symbol on the TSXV will remain as "EFH". With the current size and scale of operation, the board has decided that a listing on the TSXV is more suitable than the TSX to reduce costs and have suitable followings until it has grown to a significantly larger size in the future. Given that the TSXV is an acceptable alternate market for the listed stock, shareholder approval is not required for the delisting on the TSX.
お知らせ • Dec 13Echelon Financial Holdings Inc. Approves the Appointment of Robert Ghiz as DirectorEchelon Financial Holdings Inc. announced at its AGM held on December 11, 2020, the shareholders approved the appointment of Robert Ghiz as Director.
Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 19% share price gain to CA$1.60, the stock is trading at a trailing P/E ratio of 4.8x, up from the previous P/E ratio of 4x. This compares to an average P/E of 11x in the Insurance industry in Canada. Total returns to shareholders over the past three years are 66%.
Recent Insider Transactions • Nov 23Independent Director recently bought CA$363k worth of stockOn the 17th of November, James Reeve bought around 269k shares on-market at roughly CA$1.35 per share. In the last 3 months, they made an even bigger purchase worth CA$649k. Insiders have collectively bought CA$1.2m more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 27% share price gain to CA$1.71, the stock is trading at a trailing P/E ratio of 5.1x, up from the previous P/E ratio of 4x. This compares to an average P/E of 11x in the Insurance industry in Canada. Total returns to shareholders over the past three years are 76%.
Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS CA$0.24The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$12.5m (up 35% from 3Q 2019). Net income: CA$2.92m (up CA$3.43m from 3Q 2019). Profit margin: 23% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS CA$0.25The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$12.5m (up 35% from 3Q 2019). Net income: CA$2.92m (up CA$3.43m from 3Q 2019). Profit margin: 23% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 13Echelon Financial Holdings Inc. Announces Board AppointmentsEchelon Financial Holdings Inc. announced that Robert Ghiz and Sharon Ranson have been appointed to the Company's Board of Directors, effective November 12, 2020. Robert Ghiz is President and CEO of the Canadian Wireless Telecommunications Association and former Premier of Prince Edward Island. He is a member of the board of directors and Chair of the audit and risk committee of the Insurance Company of Prince Edward Island, the Company's subsidiary. Mr. Ghiz and Ms. Ranson will be subject to election at the Company's annual and special general meeting of shareholders on December 11, 2020. Both have been appointed to serve on the Company's Audit and Risk Committee.
Recent Insider Transactions • Oct 08President recently bought CA$599k worth of stockOn the 1st of October, Serge Lavoie bought around 444k shares on-market at roughly CA$1.35 per share. This was the largest purchase by an insider in the last 3 months. Serge has been a buyer over the last 12 months, purchasing a net total of CA$271k worth in shares.
お知らせ • Sep 30An unknown buyer acquired Echelon Financial Holdings Inc. (TSX:EFH) from EdgePoint Investment Group Inc. and Cymbria Corporation (TSX:CYB), fund managed by EdgePoint Investment Group Inc. for CAD 4.8 million.An unknown buyer acquired Echelon Financial Holdings Inc. (TSX:EFH) from EdgePoint Investment Group Inc. and Cymbria Corporation (TSX:CYB), fund managed by EdgePoint Investment Group Inc. for CAD 4.8 million on September 29, 2020. Under the terms of transaction, the buyer acquired acquire 2.4 million shares from Cymbria Corporation; fund managed by EdgePoint Investment Group Inc. and 1.15 million shares from EdgePoint Investment Group Inc. Upon completion, the control of shares of Echelon Financial, held by EdgePoint Investment were reduced and Cymbria would not own any share in Echelon. An unknown buyer completed the acquisition of Echelon Financial Holdings Inc. (TSX:EFH) from EdgePoint Investment Group Inc. and Cymbria Corporation (TSX:CYB), fund managed by EdgePoint Investment Group Inc. on September 29, 2020.
