Forum Topics LVT LVT Current 6x ARR looking a bargain?
ValueSearch
Added 6 years ago

Management salaries, bonuses, stock grants and loans accentuate the cost comments. Another CR is is due by Q2 next year without any more acquisitions. ARR growth not going to accelerate much if sales team not increased. Wait for a better price to but in at.

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Rapstar
Added 6 years ago

It could be, but I have lost faith in management's ability to manage capital and operating costs.   They lost a lot of credibility with me in their use of a newly defined metric of "underlying operating costs" to hide the fact they overspent in the previous quarter.   I am concerned about the huge amount of cash spent on contractor N3, how have burnet tens of millions in share holder capital over the past few years. 

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Strawman
Added 6 years ago

Agree. Big potential if they can execute properly, but certainly risks. Id need a bigger discount before I bought

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Rapstar
Added 6 years ago

Yes, I am waiting to see some operating leverage and some cost management before I increase my holding. I would prefer to see LVT to pay N3 in equity rather than cash. N3 don't seem to have any incentive to reduce CAC.

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