LVT management is presenting to institutional investors on Thursday and Friday. My sense is they need to provide better forward financial guidance. For example, how will the altered (increased) price structure impact the annualised revenue run rate? It needs to provide this and other financial information, which other companies do. Another example, is how do its encouraging efforts in acquiring reputable and well known clients translate into future revenue gains? The market is left guessing and I suspect that is a very big reason why the share price is stagnating.
Message to management: Must communicate better.
Management should not be complacent about the share price, which it seems to be, because it apparently does nothing to influence it. Having a few routine meetings after releasing its financial results every 6 months is not good enough.
LVT Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
