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Propel Holdings Inc T.PRL

Alternate Symbol(s):  PRLPF

Propel Holdings Inc. is a Canada-based financial technology (fintech) company. The Company’s operating brands include Fora Credit, CreditFresh and MoneyKey, and its lending-as-a-service product line facilitates access to credit for consumers underserved by traditional financial institutions. Through its innovative artificial intelligence (AI)-driven platform, the Company evaluates customers in a more comprehensive way than traditional credit scores can. The Company enables access to credit through two types of credit products on its platform, such as Installment Loans and Lines of Credit. It is engaged in providing lending related services to borrowers, banks, and other institutions in the United States (US) and Canada. The Company, through its MoneyKey brand, offers either installment loans or lines of credit to customers in several US states. The Company, through its CreditFresh brand, operates as a bank servicer which provides marketing, technology, and loan services.


TSX:PRL - Post by User

Comment by lotus1on Jun 05, 2024 10:40pm
229 Views
Post# 36074420

RE:RE:Jason Donville

RE:RE:Jason DonvilleMy understanding from his LLP interview is that JD started buying PRL very early, 2 years ago and over past 12 months, their firm's holding had grown very large. Since the stock has risen several fold, they trimmed their holding, over past months, as prudent Portfolio Management, not due to any concerns over the merits of the Co.

He concurred with the host repeatedly ( as LLP also has a large position ) and affirmed his strong conviction for the company. At no point, he expressed any negative comments.

My belief is that Donville Kent still owns a fairly large chunk of the stock.

I was pleased to note PRL,as his Top Pick, at BNN, Today, affirming his take on the Co.

GLTA

BTW: I am happy with my position and added a few shares, last week.


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