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goeasy Ltd. (GSY.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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186.22+0.66 (+0.36%)
At close: 4:00PM EDT
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  • z
    zarkon
    Serious question, How do you guys expect GoEasy, a Subprime lender, to perform in an improving economy?

    Give me your Bearish & Bullish investment thesis. Thank you
  • K
    Kowalski
    Look what's happening to Affirm today. Everyone forgot all the shares GoEasy has of them? Earnings in Nov. In 3 weeks this is over 200 no problem. I will have no choice to buy more if this continues regardless of portfolio %. A deal is a deal.
  • V
    Virendra
    Affirm keeps going up but GSY, with a big stake in Affirm, is still struggling in 180s. Why? Anyone knows anything?
  • v
    vedran
    Just put another $1000 into GSY. Average $178 now. Super happy holding this long term
  • A
    Alexandre
    I'm really surprised by this sudden selling pressure. I guess some investors feel GSY went up too fast and are taking profits.
  • S
    Skeeter
    Keep it in perspective. Today's close is the same price this was at a week ago. Keep calm and carry on.
  • z
    zarkon
    Someone made a mistake, This stock is ONLY supposed to go up

    Change it back!!
  • S
    Sajjad
    Good strategy, buy low, sell lower 😂😂😂. This is today’s market.
  • M
    Money
    Nice rebound ! Great company. Been in since Covid lockdown. But of course wishing I had more to setup a Drip. Christmas come 4 times a year with Goeasy, every quarter.
  • B
    Brian
    Welcome back aboard day traders. Real investors are still 100%+ and bought the dip🤑🤑
  • V
    Virendra
    What is the fair value of GSY?
  • K
    Kowalski
    If I didn't own so much of this I'd buy more lol
  • z
    zarkon
    Received GoEasy dividend payment
  • J
    Josh
    This was already a buy, this a strong buy on the dip
  • J
    Johnny Mnemonic
    Gamblers/Day Traders/Shorters will be out soon...real "Investors" will be back in.
  • B
    Brian
    Whole market red. Buying this dip tho
  • J
    Johnny Mnemonic
    PE Ratio = 15.07
  • L
    Lou
    Learned a valuable lesson today. Had wanted to buy the dip, but had to liquidate some other equities to do so. By the time I was able do so, GSY's $6 dip was gone. So the lesson is always keep some cash on hand to take advantage of the big dips.
  • B
    Brian
    Hi folks, since GSY.TO has gone up so much lately people are legitimately wondering if they should sell. Its hard to predict Mr. Market's future vagaries, but in general, I would say no. There are lots of factors and ways to look at this, but imho its still highly undervalued. I say that based on the simple Peter Lynch PEGY method, where we divide PE by growth + dividend yield. EPS growth has been 78% over 3 years and 39% over 10 years, giving PEGYs of 0.2 and 0.4. In general, stocks with PEGYs lower than 1 are good buys, and the lower the better. There are very few firms with ones as favorable as GSY.TO's, even after their recent run up. In today's market most stocks are well over 1, even ones others are saying are great buys. Another thing to consider is whether GSY.TO can keep the growth going. Well, they have a $1.8 billion loan book, but I heard somewhere the Canadian sub-prime market size is $30 billion, and they haven't even gone into the US yet. So it seems there's lots of room to grow. My advice: buy and hold as one of your larger holdings in a balanced portfolio. Best of luck to you all.
  • J
    Johnny Mnemonic