Australia's largest stock trading and investment forum Australia's #1 stock forum

LVT

Click for more information

0.00%

0.6¢ livetiles limited

Who is buying/selling and why?, page-80

First 80 Last

Share
Profile

Follow
Indytrader1988

6,108 Posts.

929

23/09/21

16:28

Post #: 56301700
Share

Originally posted by Chipfiend: ↑

The company in my opinion is on the right track.

It has become quite lean in the past financial year due to cuts of ~35% to operating expenses. They have restructured their offering from a lot of products to two. Simple is better as it reduces the complexity of understanding what LVT does. They are focusing on what has worked - Reach (licences grew 1200% last year). This is their ticket to growing the ARR.

They are coming off a tough COVID year and with vaccines allow countries to open up, it will allow more opportunities to sell to large enterprises. I think the worst is behind us and the facts seem to indicate that as well.

Expand

Yes great points about the streamlining the business and cutting costs.

LVT Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

AKN

AuKing Mining flags gold in rock chips on-site Saudi Shaib Marqan project

ASX Market Open: Green Friday as markets digest Trump; China | 8 Nov 2024

EQN

Equinox unveils some of "world's highest" antimony grades at Alturas, Canada

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump is President Again: What Does This Mean for Crypto?

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

NMR

NMR picks up advanced gold projects in far north Queensland

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

First 80 Last

Add LVT (ASX) to my watchlist