Q: I'm considering taking a position in the sub-prime Canadian lenders. Between Propel and Goeasy, which one would you choose to maximize total returns given the current market price? Is there an advantage in holding both with a (50/50) position? Planned holding period is 3 to 5 years.
Thanks for the great service.
André
Thanks for the great service.
André
5i Research Answer:
With the decline in PRL we think a 50/50 position would be best, just to balance out single...