Topper (@TopperHarley) on getquin

7Mon·

Ok, I thought it couldn't get any crazier with this share $LOTB (+1.34%) until today's announcement that led to the +19% jump: "Lotus Bakeries generated annual sales of over €1 billion for the first time in history in 2023". Simply insane. Nevertheless, no more entry for me..... these are too hot cookies for me with a view to the P/E ratio....

What do you think? Lotus still a buy for you?

12 Comments

Dividende > Zinsen@GoDividend

7Mon

You can't make this up 😅😅😅 So we have to be there for the next bakery IPO

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Kevin E.@KevinE

7Mon

In my opinion, the shed is grossly overvalued. The chart is all well and good, but that doesn't justify a 60 P/E ratio, not even a 30.

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Marcus@All-in-or-nothing

7Mon

And the worst thing is: the cheaply packaged cookies don't taste mal🤷🏼‍♂️😂. If you add one of these to my coffee, it's always left lying around. Who eats them😅?

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View all 3 further answers

CD@Carpe-Diem

7Mon

It seemed to me to be a big accounting trap. Negative cash flow, debt and selling costs were rising, but earnings were flat. Funny thing is that more than 50% of the shares are held privately, but there are no investments and income from investments. However, expenses have increased. Pandora box from Biscuits 😊

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