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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

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

Bullboard Posts
Post by commodity16on Mar 05, 2020 2:09pm
131 Views
Post# 30771563

Doubled my position

Doubled my position Doubled my position in the last couple days. Coronavirus should have little to NO IMPACT on go easys business. Every significant dip we've had with Gsy has been a longer term buying opp. Central Banks cut interest rates by 0.5%, this should help our business here adding even further tailwinds to business here, and eliminates fear of rising interest rates and the effect they would have on the cost of debt for companies such as Gsy. This will keep margins high here. I am a buyer all day long here. Long growth story is in tact here, and collect a decent dividend on top of that while we wait for the recovery .
Bullboard Posts