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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
Comment by CashFlowRangeron May 06, 2015 3:07pm
104 Views
Post# 23701045

RE:Why so quite?

RE:Why so quite?Kind of mind boggling to me. The last quarter results showed very good growth; net earnings not as high as anticipated but that was due to absorbing the new stores (45 I believe of the old cash store locations) so apart from that cost, the earnings were very solid.

I think there is a general malaise and negative market sentiment with financial stocks and easyhome seems to be lumped in with them.

Future forecasts for revenue growth, net earnings, and growth in lending portfolio are extrremely promising for future gains.

I'm long on the stock and will be patient with it but it's frustrating when the stock feels so unappreciated.

GLTA
Bullboard Posts