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pac23

1,787 Posts.

87

23/11/21

18:39

Post #: 57794150
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Originally posted by Eloi75: ↑

@trenna_s Im assuming your just referring to LVT and not the overall market?

With LVT management is doing exactly what was asked of them. back in 2018/19 investors where complaining of the runaway costs involved with the rapid growth. They have reduced the costs and thus the rapid growth as well. In saying that it does seem that covid was a big driver of the reduced costs and growth.

Will be very interesting to see how the reduced costs will be maintained now that economies seem to be opening up again and things returning to normal. Focusing on larger clients and improving CAC seems to be smart and mature way of growing. Their last marketing campaign using Simon Sinek looks on paper to be a very clever way of marketing and getting sales leads at very low costs. Hopefully they can continue with that.

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love watching someone trying to catch a falling knife convinced they are getting a bargain,
reminds me of the lessons i've learned from past investment mistakes >
there's no rush...the 5 year chart says it all.

why not wait for the bend in the trend mate!?!

in terms of the product being outdated,
they are going to need to get something going in line with VR / AR > Metaverse future,
if they are going to survive, let alone thrive, imo

Last edited by pac23: 23/11/21

LVT Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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