Investment Q&A

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Lumine Group Inc. (LMN)

Q: Hi 5i Team - The guest today on BNN Market call mentioned that Lumine specializes in carve-outs and that is to their advantage. Although he explained it, I'm not sure what carve-outs means and even if I have the correct term. Could you provide more information on this. In addition he felt that the evaluation is quite rich. Do you also feel this way. Also could you provide a summary of Lumine's fundamentals. and if you have any concerns with these fundamentals.
Thanks.

Asked by Rob on February 20, 2025

5i Research Answer:

Carve out is the correct term. It typically means buying a division from a large company, and...

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