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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

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Post by extremeriskon May 13, 2022 1:26pm
378 Views
Post# 34682204

Hard to predict bottoms

Hard to predict bottomsMgt who knows business really well can't predict bottom so no point trying.  They have been aggreasively buying and average buy back price is about 140.  Buying today under where mgt is buying makes sense.  In call they emphasized that with their capital allocation they prioritize share buybacks over M&A so they will just keeping buying at this low share price.
I thought was great call and great results!!
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