Despite LVT having some issues NOW IS NOT THE TIME. To sell etc. Now is the time to do everything in power to SURVIVE. Comments are being made about LVT not having cash … by gurus who want to accept a sale to those with MUCH WORSE BALANCE SHEETS and crashing dhare prices. It just might be that LVT has more chance of survival than 1000s of companies whose share prices are crashing, will continue to crash. The 13 years of zero interest rates is over. A large percentage of companies have a vastly inflated share price, little income, and face a catastrophe. LVT won’t find a saviour now. LVT needs to service their clients bigtime. Hold things together. Stop waste. Companies with continuous income and some momentum can turn things around very quickly. LVT can do this PROVIDED they have or acquire some good management and act quickly. JUST LOOK SIDEWAYS - THE STOCK MARKET IS CRASHING - WITH NO END IN SIGHT. It’s just started.
LVT Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held