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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 extremeriskon Jun 24, 2017 10:03am
136 Views
Post# 26401060

share buyback renewed

share buyback renewedThis has technical broken out of uptrend however nice to see recent raise was oversubscribed and renewed share buyback. Last buyback average over $24 so these guys are averaging up. With bulk of shares in stable hands see limited downside at this level or price. Upside is more than a double based on peg ratio high growth business and little competition. CEO here for 18 years consistently delivers on his promises and market is still not giving this full valuation. I suspect because feels like loan sharing however I see it as prodding service to those who can't turn elsewhere especially new immigrants. Once established they can move to more favourable loan products.
Bullboard Posts