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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 Aug 08, 2018 8:55am
196 Views
Post# 28425983

Fantastic results

Fantastic resultsCompany is firing on all cyclinders.  Funding costs cheap.  Market is huge (especially since Quebec opened) and we are just getting started here.  I see no reason to sell and lots of reason to keep adding. Analysts will just keep upgrading the target prices for Goeasy.  No real competition here.  When you see EPS growing faster than revenue is the sign that they are now scaling.  Using existing infrastructure to grow the business more substantially.  I expect that to continue in the short term.  Interest rates still low enough to keep this train on its track.  
Bullboard Posts