Post by
retiredcf on Mar 30, 2024 1:36pm
Interesting
I just read your report on Propel Holdings. They sound like a good takeover candidate for GoEasy. It would give GoEasy an entrance and exposure to the US consumer, as well as Propel’s AI program. What are your thoughts on this?
We think GSY would indeed be interested, but mangement, with a very large insider ownership stake, would probably not be, considering they have only been public a short period of time and things are finally starting to 'click' nicely for the company. It would likely take a large premium to even get insiders to talk. Valuation is also currently higher at PRL than GSY. (5iResearch)