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	Podcast:		Yet Another Value Podcast
	Episode:		Jon Cukiewar lays out the goeasy thesis $GSY $EHMEF
	Category:		Business
	Duration:		01:07:01
	Publish Date:		2021-09-01 13:00:00
	Description:		Jon Cukiewar, Founder of Sohra Peak Capital, discusses his ivnestment thesis for goeasy (in Canada under $GSY; in U.S. under $EHMEF). Jon does a deep dive into the company's history before explaining how they can get such great returns and why he sees continued strong growth in their future. Jon's twitter: https://twitter.com/JonCukierwar Sohra Peak's website: https://www.sohrapeakcapital.com/disclaimer Chapters 0:00 Intro 1:40 goeasy overview and background 15:00 Discussing goeasy's valuation versus U.S. peers 18:15 How can goeasy consistently get over 20% returns on equity 28:40 goeasy's strong capital allocation 30:45 Why is goeasy paying a dividend? 35:55 How do goeasy's borrowers perform when the economy takes a turn? 38:35 Regulatory environment and concerns 43:15 What's goeasy's advantage as they move into new lending niches? 44:45 Revisiting valuation / how does this outperform going forward? 55:25 Discussing the lendcare acquisition 59;40 Jon's closing thoughts
	Total Play:		0