Q: Hi 5i Team,
I’m down on both APPS and LSPD and am wanting to sell one to raise capital.
Which one would you sell and which one keep and why?
Thanks for your sage advice during these rocky times.
Cheers
I’m down on both APPS and LSPD and am wanting to sell one to raise capital.
Which one would you sell and which one keep and why?
Thanks for your sage advice during these rocky times.
Cheers
5i Research Answer:
Both have been disappointments, but LSPD has $800M cash and APPS has debt (3X cash flow). But APPS is profitable and LSPD, not yet. Still, we would see LSPD as safer overall and the one to keep.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in APPS.