Bullboard - Stock Discussion Forum 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... see more

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goeasy Ltd > Affirm

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Post by Torontojay on Oct 07, 2021 9:09pm

Affirm

Affirm shares traded at US $ 119.13 on Sept 30 and $ 67.35 on June 30th. The unrealized gains from this investment will be HUGE in the upcoming quarter and we will see another record quarter in profits!

It's a good idea to accumulate shares at today's bargain prices.

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Comment by porksniffer on Oct 08, 2021 3:28pm

Actually Affirm is at $143. But some of the Affirm shares are hedged via return swap. The remaining 468,000 shares are unhedged so around $67 million USD at $143/share.

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Comment by Torontojay on Oct 08, 2021 7:46pm

Today the share price closed at US $ 141.19 Under the operating income line which falls under the heading "other income" there will be a large increase in unrealized gains from the Affirm equity stake. This will show up in earnings in Q3 which explains the reason for the share price from June 30th to Sept 30th for Affirm Holdings. As you mentioned, the share price has now increased ...more

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