the issue I see is demand. Last 2 years there has been very...

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WoosterBrewster

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21/10/22

08:51

Post #: 64312965
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Originally posted by stephencca: ↑

We would all like growth to be quicker - explosive etc so the shareprice rocketed up. When this happens the P/E gets ridiculous. Very good companies at the moment have ridiculous PE ratios. I dont think most people understand how detrimental the response to the pandemic was. Ridiculous lockdowns, no therapeutics like hydroxy, ivermectin, fluvoxamine etc etc which would have led to normal life in no time (see Pierre Kory on India on substack - and all other articles). It may have caused a need, but the solution wasnt going to be agreed upon in such uncertainty and the myriad of people that joined up LVT mostly left because it didnt meet their needs. In the mean time LVT wasted their energy for 18-24 months on a lot of quick turnovers. This is just unlucky. LVT pulled their heads in, SURVIVED - A FEAT IN ITSELF, bought 3 good add ons and probably reset the fees. Everyone just needs to settle down...buy more shares at this price and in 18 months the critics will all be crowing about their fabulous investment skills ..... We will be listening to them crowing for months.... the past will be forgotten.

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the issue I see is demand. Last 2 years there has been very little demand for LiveTiles product offering. ARR should be hitting $5 mil a quarter yet it hasn’t been close. Yes we’ve had a pandemic but it should’ve played in LVTs advantage. It should’ve assisted in creating said demand leading out of covid, which I don’t believe it has. There is no defined pathway or strategy at the moment either. If anyone can please share our short/long range plan please share.

LVT Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
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