This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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) 주식 개요ICPEI Holdings Inc., through its subsidiaries, provides property and casualty insurance products and services in Canada. 자세히 보기ICPH 펀더멘털 분석스노우플레이크 점수가치 평가4/6미래 성장0/6과거 실적4/6재무 건전성4/6배당0/6강점공정 가치 추정치보다 낮은 34.7% 에서 거래지난 1년간 수익이 37.1% 증가했습니다.위험 분석지난 3개월 동안 주가 변동성이 Canadian 시장과 비교했을 때 매우 높았습니다.의미 있는 시가총액이 없습니다(CA$61M)모든 위험 점검 보기ICPH Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW485,853 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG485,853 investors already sharing narrativesYour Fair ValueCA$Current PriceCA$3.98해당 없음내재 할인율Est. Revenue$PastFuture-118m221m2016201920222025202620282031Revenue CA$138.8mEarnings CA$11.1mAdvancedSet Fair ValueView all narrativesICPEI Holdings Inc. 경쟁사Trisura GroupSymbol: TSX:TSUMarket cap: CA$2.2bDefinity FinancialSymbol: TSX:DFYMarket cap: CA$9.5bEast West InsuranceSymbol: KASE:EWICMarket cap: PK₨16.5bAXA Mansard InsuranceSymbol: NGSE:MANSARDMarket cap: ₦108.2b가격 이력 및 성과ICPEI Holdings 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$3.9852주 최고가CA$4.5052주 최저가CA$1.75베타0.491개월 변동0%3개월 변동76.89%1년 변동99.00%3년 변동-34.11%5년 변동-68.69%IPO 이후 변동-61.13%최근 뉴스 및 업데이트공시 • 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,공시 • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.공시 • 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.공시 • 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.공시 • 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.공시 • 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.더 많은 업데이트 보기Recent updates공시 • 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,공시 • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.주주 수익률ICPHCA InsuranceCA 시장7D0.8%1.7%0.2%1Y99.0%31.3%28.7%전체 주주 수익률 보기수익률 대 산업: ICPH은 지난 1년 동안 31.3%의 수익을 기록한 Canadian Insurance 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: ICPH은 지난 1년 동안 28.7%를 기록한 Canadian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 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 Market16.7%10% least volatile stocks in CA Market3.7%안정적인 주가: ICPH의 주가는 지난 3개월 동안 Canadian 시장보다 변동성이 컸습니다.시간에 따른 변동성: ICPH의 주간 변동성은 지난 1년간 17%에서 29%로 증가했습니다.회사 소개설립직원 수CEO웹사이트1987n/aSerge Lavoieicpei.ca더 보기ICPEI Holdings Inc. 기초 지표 요약ICPEI Holdings의 순이익과 매출은 시가총액과 어떻게 비교됩니까?ICPH 기초 통계시가총액CA$60.57m순이익 (TTM)CA$5.78m매출 (TTM)CA$72.43m10.5x주가수익비율(P/E)0.8x주가매출비율(P/S)ICPH는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표ICPH 손익계산서 (TTM)매출CA$72.43m매출원가CA$53.54m총이익CA$18.89m기타 비용CA$13.11m순이익CA$5.78m최근 보고된 실적Sep 30, 2022다음 실적 발표일해당 없음주당순이익(EPS)0.38총이익률26.08%순이익률7.97%부채/자본 비율8.7%ICPH의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/03/02 10:42종가2023/03/01 00:00수익2022/09/30연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스ICPEI Holdings Inc.는 3명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Tom MacKinnonBMO Capital Markets Equity ResearchTom MacKinnonScotiabank Global Banking and MarketTimothy LazarisStifel Canada
공시 • 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,
공시 • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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,
공시 • Jun 24ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022ICPEI Holdings Inc., Annual General Meeting, Aug 18, 2022.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
