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Polaris Renewable Energy Inc. (PIF $13.01)
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Propel Holdings Inc. (PRL $24.89)
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Lumine Group Inc. (LMN $33.06)
Q: I would appreciate your thoughts on each of the three companies indicated. What do you currently think about them & would you consider each to be a "buy", "hold" or "sell" going forward? Thank you for your great service.
5i Research Answer:
We have comments posted today on LMN and we remain very comfortable with it as a long term buy. PRL has been hit this year, but continues to grow and raise its dividend. We think it is quite attractive for small cap investors willing to own throughout the current cycle. It is very cheap and growth still remains good. We would be OK buying. PIF is fairly small and most trades for its 7%+ dividend. Debt is quite high and it is expected to lose money this year. We would only see it as a HOLD today.