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Bullboard - Stock Discussion Forum goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

Financial Services Credit Services
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

TSX:GSY - Post Discussion

goeasy Ltd > My thoughts on Goeasy
View:
Post by Torontojay on Nov 16, 2022 3:30pm

My thoughts on Goeasy

I think this is one of the best long term plays out there. It is reasonable to assume the stock price will double in valuation every 3-5 years. The company will achieve and meet their 3 year targets. They always have. 

I think 2023 we will see higher delinquency rates on their loans with a more challenged economy but nothing too serious. Of course, with that comes more volatility. When the rollercoaster recession ride is over, this will resume its take off. If you are fortunate, you may have another opportunity to purchase this stock below $100 again in 2023. 

A great stock to tuck away in your rrsp's. You will retire sooner than you think.

Comment by Undeniable on Nov 16, 2022 3:43pm
Agreed, today was a great day to pick up this stock. Gsy is a great performing stock, has performed well on its quarterly reports. Not sure where they are going with this but I have full faith in them.
goeasy Ltd
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