RE:TD TD Investment Conclusion
We like goeasy for five primary reasons: 1) the company's unique position within the Canadian financials space in that it is a growth company exhibiting a superior ROE; 2) the significant opportunity for continued growth in its current market as well as new verticals and potential geographic expansion; 3) credit risk is well-managed; 4) potential for additional acquisitions to further boost growth; and 5) track-record of rewarding shareholders via dividend increases. Additionally, management has a strong track-record of meeting or exceeding guidance; almost all of our estimates fall within guidance ranges.
So why are we sinking? Makes no sense