You’d have to think KMD result pretty good as they said sales were up 34% on last year
Was positive for share price at the time but been downhill since eh
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KMD just one of many attractively priced stocks right now. What a delight
Low yield for a retailer. Is it expected to improve rapidly? Would it be better to gain exposure through BGP?
I have always thought it did better when we had a lot of overseas visitors. Could provide some upside.
Winner will go mad saying it again so ill do it this time lol. KMD is a global brand and NZ sales account for only 12-14% something like that of total sales ($1b)
Wonder if Rod Duke does more than just keep a watching brief on his $88m investment in Kathmandu. KMD with all its acquisition probably too big for him to do too much with it anyway.
The $88m now worth $51m and even with about $30m of divies and a bit from not taking up all his rights he still under water.
During a chat with Rod a few years ago he did tell me the divie was better than having the money in the bank ....but then the shares were more than a buck back then
Average buy was $1.83 so possibly waiting for the glory days to come again before he gets rid of them
Not like Rod being on the losing end of things eh
just wait a few decades and how old is RIP CURL and still going strong..
winner() we havt even left the COVID QE hang over and remember it took 5 years to climb out of the GFC...
lets face it it all been one perfect storm after another.
Not expecting this stock to start to hit its stride for a few years yet...
They havnt even let anyone back into the country to work on tourism have they?
or apparently they dont want tourism back...
Yep dont see this doing much till the world goes cabin crazy and starts to travel again big .. Another 5 years?