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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

Comment by cpeczekon Mar 05, 2021 10:19am
131 Views
Post# 32727254

RE:RE:RE:RE:RE:RE:RE:Stock Split

RE:RE:RE:RE:RE:RE:RE:Stock Split
I don't think your comparison is fair because you are basically comparing this company in a growing segment to companies that face cyclical declines. This is an apples to oranges comparison. If the management did not offer a dividend and instead invested into growth, I would be completely ok with that. The fact that they offer a dividend and raise it a large amount every year means that they have weighed their options and have considered this the best use of the cash. It is in my own personal interest to take advantage of that. If you believe DRIP dilutes your shares then take that up with IR. I do agree that small floats go up or down faster. I never said otherwise. I like everyone else am self-interested. I realize that splitting the stock is not in everyone's best interest. It is however, in mine and I suspect many other people's. I have a large of amount of money invested in the company in percentage to my portfolio and would rather not buy more as I am already significantly overweight. If they don't split their shares, I would be ok with that, but you have to admit that reinvesting dividends is a long-term winning strategy.
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