1Yr·

Ok, I thought it couldn't get any crazier with this share $LOTB (+0.5%) 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

1Yr

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

•

Kevin E.@KevinE

1Yr

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.

•

CD@Carpe-Diem

1Yr

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 😊

•

All-in-or-nothing@All-in-or-nothing

1Yr

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😅?

•

Dom D.@Starter0922

1Yr

@PassiveInvest How can you not eat them is the question? 😂

••

All-in-or-nothing@All-in-or-nothing

1Yr

@Starter0922 Okay, I realize these things are polarizing. That's probably why they're so successful - you either love them or you hate them😅.

•

Bert@Bertc

1Yr

I live within 1km from headquarters. Waking up with the sweet smell of their freshly baked biscuits always remembers me to the stocks I have for about 10 years ;-) I should have bought more of them :-(

•