Love it. I keep saying that whats the point of whinging about a company but you continue to hold shares. Just sell if u dont beliebe in it anymore. Ive lost big money on some investments only to see it rise soon after selling at a loss. What i learnt is stop listening to the clowns and whingers and make my investment decisions based on what i think is right. LVT right now is a no brainer.
This latest acquisition is a big plus in my opinion. Not only do we get a good product that will compliment and enhance lvt products, we get a profitble product and we get access to +200 clients with over 4m employees and it opens up doors to a country with highly educated youth that earn less than half of what LVT is currently paying its tech guys.
Even if lvt lose %50 of its revenue ( highly unlikely) , the current SP is still cheap.
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