Meh...$600m plus cap clothing company...better place to put the money ....
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Meh...$600m plus cap clothing company...better place to put the money ....
I will keep an eye on the regions at weekends when i get into central hamilton but its only may 1.70 YEND ? well there is a long way to go.. Last time i was in sweden and holland i did not see ripcurl anywhere. Wellington is not going to refloat this ship yet. And with the Cap raise 1.70 would equate to fully priced before the GHPC (global health pandemic crisis). Take a look at the chart since it floated...
price pressure may come into play between 1.20 and 1.60 depending on the average share cost price after the cap raise. If you have got your AVE price down to under a dollar then selling pressure might come on at 1.20 and above as seller with plenty of new share take profits. But how likely is a dividend next 6 to 12 months and what might it be. No one is buying this for dividend and no holder before the cap raise is buying some are only waiting to sell. its FOMO and if there will need to be a lot of them and they will need to hope the cap raise people dont want to dump and run.
ACC selling some.
bought some again at 1.10 yesterday after selling out at 1.10 from .72... nice bounce
lowering my weighting each time.. more selling to come from ? at 1.30-1.40?
more capital value than pre-covid19:sleep:
KMD is about brands and in a media world brand is everything. cool brands will only get more valuable not less although in a more pollution aware world expensive fashion brands may come under pressure if they are not green around the edges. In this world cool brands become more valuable.
bought back in at 1.10....brands, the world is about brands...
stocked up on stuff to keep us warm for our Sth Is trip this week. Good prices , huge sales (as always)
I'm not really a Kathmandu shopper myself but partner has been and with Summit card we got great deals.
For you holders the Whanganui store told us they'd been really steady even busy and weren't really dependant on overseas tourists.
bought and sold in the space of 2 days. Stocks are always over priced... BUY great Brands are Great Value. I hope this is not considered a Ramp. But stock prices in this market are not related to FA Fundamentals.