goeasy Ltd T.GSY

Alternate Symbol(s): EHMEF

Financial Services Credit Services

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

goeasy Ltd

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Comment by smcapinvestoron Nov 08, 2018 2:42pm

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Post# 28945641

RE:I am speechless

Having owned this stock since 2013, I am not too surprised by the action.

For several years the revenue and earnings of GSY increased and the stock went down. By mid 2016 it was trading at levels that would lead you to believe the company was distressed.

The Canadian small cap space is full of a lot very stupid retail investors. These are the types that buy GSY @ $50 and then sell it because it breached the 200 MDA even though the fundamentals are strong as hell.

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