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Covid isn’t going anywhere Vaccines don’t stop the spread...

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Send2deking

2,431 Posts.

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02/09/21

10:29

Post #: 55773500
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Originally posted by IceBreaker! ↑

Considering the product and LIFX's availability, being top 2 player in the smart light market across the globe I reckon it has a huge potential.
Once Covid-19 is over which is predicted very soon with the number of vaccination increasing we should see a change in market sentiment. Market sentiment in a sense that lots of people and business will redesign, decorate their lifestyle and business to give it a new look and no doubt smart slights is one of the way that will contribute to the new design. Management needs to go hard on marketing and bring more retailers onboard other than what we have in the plate.

I am expecting the SP to be trading at above 5.0c in the next 3 to 6 months.

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Covid isn’t going anywhere
Vaccines don’t stop the spread
Therefore I’d expect European lockdowns through the winter meaning more people at home and more lights sold

BUD Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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