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I'm just sitting here waiting for their FY19/20 annual...

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d1cko1980

5 Posts.

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26/05/20

16:12

Post #: 44846227
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Originally posted by badkerning: ↑

LVT is a speculative stock. It's not profitable...yet. But the slow steady rise and consistent support over the past few months suggest there's investors wanting in, but not at prices that will increase their level of risk. They're waiting it out until their orders fill.

I suspect once we get some decent news we'll get a good price rise. Many are probably waiting for the 4th quarter results to come in before jumping on board. How they've been performing during this pandemic is all based on conjecture. We can only go off what Karl and other execs have been saying in interviews, but that's not the same thing as actual reported numbers and figures.

If LVT has done as well as they've suggested during this pandemic, those official results should set LVT off in a new trajectory. The influx of customer queries should hopefully help LVT reach break even, which will be a turning point for the company. Only a month or so to go until we know for sure.

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I'm just sitting here waiting for their FY19/20 annual report...If we are going to see some real positive data that's when it will happen surely...
I don't think much will happen between now and then, stock most likely with just continue trading in this narrow price band of .22-24c...

LVT Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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