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Ann: Research & Development Tax Refund Update, page-31

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portimao18

81 Posts.

23

23/08/19

11:41

Post #: 40116716
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Originally posted by JPjpJPjpJP: ↑

With all due respect, I think you’ll find that recession or no recession, investors would be prepared to pay more than 1.5x ARR, especially is when ARR has increased 10x in the last 2yrs and continues to grow rapidly.

And given that a recession is at least 6mo away (needs 2 consecutive quarters of negative GPD growth), ARR is likely closer to $60m - so we are talking <1x ARR valuation at single digit share price.

So ultimately - I agree your sentiment that a recession is not good for the equity market and share prices - but your actual share price assertion is a bit silly.

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We shall see mate, hope you are right, but stranger things have happened. I still have a large position in LVT and debating whether or not to dump and maybe buy at a later stage. I think it’s a solid company!

LVT Price at posting: 46.0¢ Sentiment: None Disclosure: Held
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