As for me in 2024, I'm betting on a successful Cutera turnaround.
Your bet is based on your assessment of management. There's been no developed discussion here of the company's products and sales and the possibilities going forward. It's been about finance/accounting, it seems (?)
I can see in a turnaround you'd want to consider the capability of the top guy, especially if you could evaluate that capability based on his history, especially if he's been successful in other turnarounds.
If we're talking about looking at a business that's not a turnaround story, then my opinion is the results of management are shown in increasing book value, increasing sales, other metrics, and all these things that you are doing to research management are unnecessary.
In any case It comes down to, for me, this is a turnaround story, and I can't see it as enthusiastically as you do, so I pass. |
