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Karl's "strategy" changes every quarter. Something new to...

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WoosterBrewster

1,187 Posts.

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29/04/21

16:29

Post #: 52819571
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Originally posted by doctornoh: ↑

I agree with one more quarter.

Its all fluff and huff with Karl and no end result. No sense of a strategy.

All software companies have been marked down recently so perhaps LVT is a victim of wider macro trends. Yet other SaaS companies still are showing growth with a clear go to market strategy- eg WSP. With LVT i think it all a bit confused with sales strategy changing all the time, cuts in staff and then rehires. One has to think about the quality of management here. If LVT cant maintain a growth trajectory then whats the point, Karl should then step down and get a new, professional CEO with a fresh vision in. At least cash burn is low and we wont see a CR for another 18 months at least.

But ultimately the Board needs to assess the quality of management disregarding how many shares that person may own.

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Karl's "strategy" changes every quarter. Something new to keep investors hooked in. And the whole "I'm hurting too as I'm one of the largest holders is BS". He still earns a healthy lifestyle allowance.

The ingenious Karl show roles on.

LVT Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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Karl&apos;s "strategy" changes every quarter. Something new to...

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Karl's "strategy" changes every quarter. Something new to...