Q: Would you say goeasy is a quality business on sale right now?
It is clear to me that this is a manufactured share price collapse for the purpose of gain to those in the know.
Would you suggest 10 Canadian blue chip type companies misvalued right now...with a view to generational wealth?
It is clear to me that this is a manufactured share price collapse for the purpose of gain to those in the know.
Would you suggest 10 Canadian blue chip type companies misvalued right now...with a view to generational wealth?
5i Research Answer:
GSY looks more like management was lying, or simply incompentent (the new CEO resigned last year so we assume he found concerns). We would not say it is a conspiracy to drive the price lower. There are legitimate problems here, certainly. There is still signifcant risk.
10 Blue chips: BN, TRI, WSP, GOOG, CNR, TFII, DOL, ATD, ENB, RTX
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in GOOG.