Barely been any shareholder updates over the past year really. One of the few things that has provided any comfort in recent times is that Jesse Todd, the recently appointed non-exec with the tech backgroung bought about 30K worth of stock at 0.17.
@RedStar55 do you have a chart of short activity? Not strange to be beating the dog while it's down, particularly when we are at 52wk lows and LVT would be getting sold to off-set capital gains made on other companies.
Have bought in at dips all the way down, most recently around the 0.17 mark.. Tempted to sell off something else to put some more in here but am already overweight so will personally be waiting for some updates. As others have mentioned, at these levels any news this thing will re-rate, every possible bad news is already priced in.
Providing a chart here that is counting the number of weeks where the 'low price' of the stock has fallen within different bands. Right now we are in the far left hand column. Which which is pretty insane considering the ARR now is the highest it has been over the past 5 years. If you removed the negative sentiments toward the management team and were to think short or long on LVT, it's hard to see how things could get much worse from here. If you believe in the product, for which it has been recognized in the industry, and that collaborative/cloud-based intranets will continue becoming entrenched in large organisations then you could be worse off than even taking a punt on LVT at these levels. Once things start turning around, I can see LVT being valued at multiples it has previously traded on.
Further to all of the above. I'm going to try have a refreshed mindset on LVT for the new FY. I'm hoping to see some realistic goals be set-out, and the company deliver on these to start putting some more belief from investors in management. I personally don't want blue-sky aspirational goals that don't get hit. It would be nice to see some honesty and metrics that aren't BS with some sort of underlying twist to them. The reality is, not every aspect of the company is going to be positive or growing, so own the negatives and even provide guidance on what you expect these to be (conservative for the love of god, atleast if the numbers beat your earlier guidance it will be half glass full) rather than hope that investors don't dig around to try find them (ie. churn).
Not sure what other LT investors want to see.. They could even try a different lay-out to the quarterly updates, and also make sure that the graphics are crisp. This may seem small and immaterial, but i'd like to see graphics that aren't blurred screenclips. It's just basic marketing professionalism, particularly as this is a company that is trying to deliver high quality computer based software.
Last note: While I have a refreshed mindset, the one and only thing that would make me never invest a single dollar in LVT again, is if I here Karl refer to a report saying that they are the fastest growing company. It's seemingly obvious that a lot of this past growth was driven inorganically.
(20min delay)