Stellar result and great buying last week
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Stellar result and great buying last week
we had a pile on sale and had to BUY BACK IN.
we love this stocks liquidity . And RIP CURL polar neck tops were the best,
Opening a stall in sweden in 2023.
Not sure I would call it "stellar", but yes, it was promising and so much better than the year before. Looks like they got the corner, and hey - they are even back paying a divie, even if it is (in NZ) not imputed. Positive outlook - winter is coming and tourism no doubt will improve compared to the year gone by.
Discl: happy holder;
SP up two to 140... consolidated, looking stronger
Closed up on high volume, almost 6m shares... someone is accumulating
yes we dont have enough of them.
well done to those who bought big at the cap raise and average 70 and under..
you are the BRAVE ONES!
(CNBC Brave Ones).
Travel will return and you will see people from all over the world come here. Of course i may well be going the other way and passing them.
Of course the girl from Czechoslovakia wont be bringing her friends back as she got shot at in gisborne that night, but others will and they will shop at KMD.
Rod Duke Dreaming of surfing the rip Curl wave. is he a long board man is he?.
Maybe time they got it on with Papa Surf from AFT.
As I thought -- double the number of shares translates into half the Prior Interim div 2.0 cps AUD
with no imputation credits (the standard KMD Interim pattern)
Not bad in the circumstances I guess .. normalised FY I guess Final 4.0 - 5.0 with Imp Credits
assuming post covid trading bubble effects have been shaken out of the rug to get there .. ;)
Clearly - Yarra Capital management do see value at this price - they bought themselves a wee parcel of 8.36%:
https://announcements.nzx.com/detail/370718
Good memory! However - this does not make the picture clearer.
Yarra submitted last December a change of interest notice saying that they now hold 72,436,067 shares.
http://nzx-prod-s7fsd7f98s.s3-websit...430/336728.pdf
Today they submitted a "notice of initial substantial holder" claiming a holding of 59,277,176 shares.
http://nzx-prod-s7fsd7f98s.s3-websit...718/344244.pdf
WTF? What happened with the 72 mil odd they owned last year?
Well, yes - but this was before they said that they hold 72.4m shares on Dec 1st, 2020.
No later notice after that (like end of substantial holding or change of substantial holding) until they report today an initial public holding of 59.2 m shares.
Funny that - did they just forget to notify the market that they first sold down below the 5% threshold (if that's what it was) after Dec 1st ?
Gut feel for SP breakout today or in the near term .... heading up on volume. Hitting top of intra-day range. Chartists what do you think.
Not a chartist ... but its Golden Cross time today!
Attachment 12487
The two analysts on market screener are exuberant as well (consensus forecast $1.73, straight BUY rating), winter is coming (traditionally the better season for Kathmandu) it is getting colder today and the sun is shining (which will drive customers into the shops ....). What can possibly go wrong?
Interesting:
Attachment 12488
Blue Line: KMD
Yellow line: HLG
I didn't realize that these two are that strongly correlated. Interesting as well, if one of them was lagging in the past, the other typically caught up in a matter of months. Currently HLG is significantly higher - this the time for KMD to catch up again?
Kathmandu (brand) doing a bit of strategic branding etc etc
One retail guru said - Pretty interesting strategic shift with Kathmandu now aiming to become some hybrid between Hallensteins and Glassons.
https://www.stuff.co.nz/business/125...s-on-under-35s