Can anyone explain to me why the shareprice is so low despite recurring revenue growth?My opinion -
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?
- 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
- Forums
- ASX - By Stock
- LVT
- The second=golden phase for LVT
The second=golden phase for LVT, page-36
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