Insiders buying in. thats good
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Insiders buying in. thats good
Yep a lot has gone on over the last few years but many retailers seem to have come out of the troubled times better off …..Briscoes a great example
When KMD sales have increased from $446m in 2017 to $1.109m this year and profits about the same something is wrong
But that’s the past eh …and looking forward analysts etc are forecast profits over next 3 years so things are looking good ……share price might even double in that time …..hope springs eternal
Still can’t bring myself to buy some ….but that’s good for you guys eh as you reap the rewards while I miss out
Interesting chart on marketscreener
One day KMD won’t ‘force’ them to revise their eps forecasts downwards ….a few upgrades be good
True :) ;
And yes, some other retailers did better. Don't think however that neither Briscoes nor Hallensteins have any material exposure to tourism. Kathmandu does.
Can you think about any other retailer with significant exposure to tourism, who did better than Kathmandu?
But absolutely - never buy a stock you are not sure about ... I wouldn't buy all the stocks you tend to rave about either :) ;
Super Retail reports a slow start to their new year with Macpac sales having a 7 per cent fall in total sales over last 16 weeks
Directors given hard time at ASM
Disgruntled KMD shareholders quiz directors at AGM
https://businessdesk.co.nz/article/m...rectors-at-agm
Not a good day on bourse for KMD today … down 4 cents to 77 on solid volume
No doubt Alan Gray happy picking up more cheap ones
I wonder how their Christmas trading is going?
This was their last outlook:
In the short term, our brands face challenges with geopolitical uncertainty, economic volatility, market competition, supply chain disruptions, and cost-of-living impacts on consumer spending. Our competitors are pricing aggressively to shift high levels of inventory and challenging our market share.