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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

goeasy Ltd. is a Canadian company that 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 sureshotzon May 07, 2012 11:54am
226 Views
Post# 19879932

Thoughts

Thoughts

Any thoughts on how this plays out? I wonder if the market (investment dealers) would support rolling GSY and BWD together with a recapitalization of say $50mm? Not sure how that would look on paper but would be nice to see some owndership of the acreage moving forward. I would speculate a potential suitors would be Torc. Was there ever any news if Nexen was successful in farming out their Granum acreage?

Bullboard Posts