Just the last 3 years of NOPLAT. Yes, agree but if you start speculating on the cost of fixing this, then you might as well use the dreaded DCF model.
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Go Rod
Decent of you to stop short of saying 'broken'
http://www.smh.com.au/business/retai...0150717-gicx2c
Hes not taking BGR to Australia BGR are trying to buy KMD that have a number of Australian stores - I think there is a difference.
Kathmandu board sure are taking their sweet time in getting back to shareholders. It's been 3 weeks since the takeover was announced and we're still yet to hear the board's guidance, besides "take no action".
Anyway, some recent news about Rod Duke. He reckons Kathmandu will release a trading update by August 1st.
http://www.theaustralian.com.au/busi...-1227446402760
http://www.theage.com.au/business/br...0150720-gig4vw
They told you to take no action.
KMD waiting for the formal offer to come before saying much more. Need independent reports to justify their indignation at such a low offer.
Rod not 'expecting' an update - he pressuring them to make one (helps him maybe)
Of course there will be really good news from KMD. Goldman will tell them when to tell the world.
Maybe tomorrow, maybe not but be patient.
Jay, you surely not going to be guided by what your Board says are you?
LOL, I'm just impatient. This is the first time I've been involved in a takeover, so pretty excited by it.
4yrs ago, I sold out of Charlies a few weeks before they got taken over by Asahi, so I was pretty gutted to miss out!
I just want to see any form of action by Rod or the Kathmandu board.
As for being guided by the board, not like we have much choice?
After the actual offer documents are sent out, we can accept the offer and sell our shares to Briscoes. Or sell our KMD shares on the market. Or do nothing - and miss out on everything.
Hmmm, leads me to think, what happens if you sit back and do absolutely nothing? What happens to your KMD shares?