I have held LVT for a long time, holding price 29c. I have studied it, heard interviews with Karl, etc. The Market Cap to Sales ratio is 2.48, which is pretty low in the tech space. Just as an example, NOV is at a whopping 10. A lot of Tech companies on high multiples are still losing money by the bucket loads in pursuit of growth. Based on all this, judging LVT purely on profitability while they are in growth mode should theoretically be unfair. However, as the price keep dropping, is there a serious competitor or something else apart from just Karl, that those of us still positive on this stock are not aware of??
- Forums
- ASX - By Stock
- LVT
- Is there serious competition?
Is there serious competition?
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review