Good business over there, you recon?
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NZ going to be even more of a non-event soon …..NZ sales now are only 12% of group sales
Been in decline for years …like in 2018 NZ sales were $143m and 4 years later 20% LESS at $114m
Got to think of KMD as a global company and don’t judge / assess on what you see in NZ
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Been in decline for years …like in 2018 NZ sales were $143m and 4 years later 20% LESS at $114m
Why.?
Business model not working here..
Will it work anywhere.?
Low online sales means they have been left behind in that very important channel.
That is where the good retailers are achieving growth and profitability.
Sp having a little uptick/rebound right now before proceeding to below psychological level $1. Sell now if you haven't already. Not downramping, just stating an opinion
Hmm - looks like Abigale didn't get your memo:
http://nzx-prod-s7fsd7f98s.s3-websit...606/380019.pdf
Question is - does she as a director know more or less about the company than an anonymous poster?
So difficult ...
Averaging down after she bought at $1.57 a year ago - average price now $1.31 .... now $36k under water
She seems to be following what Liz Coutts does - poor Liz keeps buying Oceania shares and is best part of 1/4 million bucks under water
I suppose both are very astute and must have inside info (faith and hope) so no worries
I guess this is the problem with directors - as none of us does, they don't know the future either.
The only thing they might know more about than us is the present situation of their company and how it is positioned.
Anyway - director buying is normally a good sign unless you are shorter :p ;
Hey BP, another Director has bought more shares --- double good sign today ... exciting
Probably Chairman David sent the word out 'Our share price is really languishing, it is your duty to buy some more shares to demonstrate all is fine and the future is good. The market loves seeing director's confidence being backed up by cash '
It’s all on
Kathmandu announces new global expansion at Paris Fashion Week
Outdoor clothing retailer Kathmandu went to the biggest fashion event of the year to release its latest clothing range and announce a new global expansion into the UK, Europe and North America.
The outdoor apparel and gear brand partnered with the internationally renowned French retailer Leclaireur, based in Paris, to debut its autumn and winter 2022 collection.
Kathmandu’s global chief customer officer Eva Barrett said the collaboration with Leclaireur heralded the start of an exciting period for Kathmandu.
https://businessdesk.co.nz/article/r...s-fashion-week
And the directors just don't stop buying ;) - here is the third director in a row adding around 50k .... and still more exciting - for Philip it is already the second dip (he initially bought already 200k):
https://announcements.nzx.com/detail/400213
Must be well above one years worth of director fees ... do they know something the market doesn't?