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goeasy Ltd EHMEF


Primary Symbol: T.GSY

goeasy Ltd. is a Canada-based company, which provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial’s product offering consists of unsecured and real estate secured instalment loans. The LendCare operating segment specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. The easyhome segment provides leasing services for household furniture, appliances and electronics and unsecured lending products to retail consumers. Its customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement and healthcare verticals.


TSX:GSY - Post by User

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Post by extremeriskon Aug 12, 2020 7:08pm
320 Views
Post# 31400735

Beat everywhere except growth

Beat everywhere except growth

Given pandemic to be expected growth would suffer.  However substantial beat on every other line item. 37 percent return on equity is a crazy number. Who makes this much money!!  That's amazing. 


company aggressively buying back 375k shares at average cost of $53.  They have plenty of cash to keep buying. Only constraint is the daily limit they have to abide by. 

we should quickly be hitting new 52 week highs here. The month to month analysis from April to July they reported showed excellent improvement. 

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