Q: Hi Everyone!!
With Goeasy running into significant issues, would Propel be quick to follow?
Cheers,
Tamara
With Goeasy running into significant issues, would Propel be quick to follow?
Cheers,
Tamara
5i Research Answer:
We commented on PRL earlier today. We need to watch credit quality as GSY's issues may be an indication of sector trouble. But, they are different companies. PRL also raised its dividend recently, certainly implying things are not as bad.