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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
Comment by commodity16on Mar 24, 2020 12:47am
186 Views
Post# 30840461

RE:RE:RE:RE:And it begins

RE:RE:RE:RE:And it begins They have been studying the effect of recession on their business for years and are well prepared to deal with it. Loans could default a lot , lot more and they are still making money , which is more than I can say for most other businesses in Canada now. Check out their research and latest response to this downturn, it's documented well in their last quarterly report . Don't forget as well they may get more business out of this if it's only a few month blip. When the virus hype blows over , and it will , the man made recession will be over ; sitting on zero percent interest rates and piles of QE. Good to see insiders buying nicely the last bit ; and a share buyback program buying back 10-15% of the entire float just this year agsin . 
Bullboard Posts