LVT 0.00% 0.6¢ livetiles limited

The second=golden phase for LVT, page-36

  1. 1,187 Posts.
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    Can anyone explain to me why the shareprice is so low despite recurring revenue growth?

    Is it because of the cash burn, or does it have to do with a large number of shares outstanding and simply not large institutional interest as of this point?
    My opinion -

    - Market is cautious after unemployment has skyrocketed and Prime Minister has announced country is in a recession
    - Livetiles have announced they are moving towards break-even and have backed up a couple of good quarters/limited spending however market wants results. They want to see what breakeven looks like.
    - Livetiles has announced they are taking advantage of a massive opportunity COVID has provided to them. There has been no data to show how this has led to sales as yet. Hopefully, June will shed more light on this.
    - Livetiles, whether you see it that way or not, is still deemed a risky investment. Insto funds are less likely to 'gamble' their clients' portfolio on a risk stock especially in this climate. Personally I feel for Livetiles to start winning the lions share of the insto investment, we need to derisk through break-even and continued growth, open up existing markets further and show more of a pathway to growth.

    Do your own research
 
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