I agree with the above in that we are in quite a safe situation right now. Although the growth may be slower then what many investors hope for, the cash position combined with the steady improvements in cash flow + the outlook over the next couple years with new clients and existing clients using free trials etc, makes for a very promising future.
I can appreciate why some may feel frustrated with the lack of SP movement, however I do believe that LVT is making all the right decisions, securing its future and financial stability, and will eventually (hopefully over the next 12 months) demonstrate its quality.
I think we can all see that the numbers are moving in the right direction for the company, and it’s only a matter of time before investors start acknowledging LVT’s development.
LVT Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
