Q: I'm looking at selling my lightspeed and purchasing propel. What say you?
5i Research Answer:
Under the right conditions, including a possible sale of the company (a review is underway) LSPD could see better short term returns than PRL. However, we would have far more confidence in PRL as a longer term growth story currently. It is cheaper on valuation (not surprising considering the sectors) and it has done a lot of things right, including growing its dividend significantly. We would side with PRL overall.