I can tell you that I'm a hiker and swear by the Obiz shoes. Virtually indestructible
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I can tell you that I'm a hiker and swear by the Obiz shoes. Virtually indestructible
Yip has taken me two years to wear a pair out. Just seemed there wasn't a lot of stock on hand that day but they were doing clearance on some ugly stuff.
https://www.nzx.com/announcements/416915
KMD is so cheap that Super fund is topping up
Jeez, KMd shares down to 77cents
At least above the 50 cents from the capital raise a couple of years ago .but those who fronted up with $2.55 for the Rip Curl buy and still holding must be a bit depressed
Anybody buying?
Its actually pretty cheap now.
Might rebuy the ones I sold after that last update
I remember the name from Allan Gray from several years ago because they buy distressed stocks.
If I owned something and Allan Gray was buying in my thought was I stuffed up again, bought high again and will sell low.
Allan Gray buy distressed stocks.
From their website The company believes in taking a different approach from the market consensus and investing in undervalued companies that have the potential to deliver long-term returns. Note that they say long term returns i.e. years not months. They are a good indicator of a distressed stock. They are very successful however and Wikipedia says the return on investment from Allan Gray and Orbis since its founding is comparable in success to Warren Buffett's firm Berkshire Hathaway. If you have a long-term investing horizon it is worth noting where they are buying.
Allan Gray Australia's investment philosophy is similar to that of Orbis Investments, which was also founded by Dr. Allan Gray.
Overall, Allan Gray Australia's investment philosophy is centered around taking a contrarian approach, applying it consistently, and investing for the long term.
Wonder what Rod Duke thinks of Kathmandu these days ….probably saying I have to hang in there and hope hope it’ll come right