When will you learn to stop taking the words from LVT at face value? How many times do they have to fool you before it becomes a credibility issue for you, not them?
You know the saying “Fool me once, shame on you. Fool me twice, shame on me”?
Also, did you pick up in this announcement the most laughable part of all? The $16m cost savings they proudly boasted to the market and to gullible shareholders wasn’t a saving of ACTUAL costs, it was a saving versus their internal budget. It’s like Black Friday sales - raise prices by 20% then stick a sign saying “SALE, 25% off).
Why on earth were they forecasting such material increases in expenditure in their budget hot on the heels of their strategic review / cost saving plan from only a year earlier? Does that not strike you as strange? Does it make you question the validity of their budget? Does it make you feel like they’re misleading you?
(20min delay)