Here is an e-mail just sent to the founder of LVT asking to clarify the confusion on their latest dividend declaratoin which was only on company earnings, not consolidated earnings as in the past. March 9th is your chance to come ask some questions and see LVT's presentation, at the "Opportunity Day"...
The next big boom industry is clean/green across the board! From energy savings, to less pollution to reduction of being held hostage by less then open and even some rogue oil producing countries. I predict it will be a huge new industry where in time the next bubble will eventually brew....
LVT's chairman responds, but I am not happy with the inadequate letter which does not really address the issues raised. So I just wrote back as follows. I cannot copy this letter here as the format it was sent to does not allow me to copy and paste this. In the letter he gives...
Here is the copy of a letter I sent to the Chairman of LVT, K. Ongkoon Youman on December 28 '08.
A lack of transparency along with regular and frequent insider transactions by one director has raised serious corporate governance issues at MAI listed LVT.
LVT will be a most important stock for us in year 2009 (!) -as we combined own a huge chunck of this undervalued company which seems to be on a continued mission of keeping its good news/prospects quiet for too long. All to the detriment of us silent shareholders here. Its time...
With Ticon's stock price now back to where it was in October 2004, when I then first turned wildely bullish, some may wonder if the bottom has now been found? Perhaps, but will it just sit there for some time, as I fear.
