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;
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Rod Duke doesn't seem that excited about Kathmandu
Jury out on whether Rip Curl is working and with the managing director going ne questions if their focus and capacity to compete exists ......and he is a bit coy and what Briscoes are going to do with their holding.
From Businessdesk
Of course Rod is excited but not revealing his hand. ... classic buyer strategy
Of course Rod is excited but not revealing his hand. ... classic buyer strategy
Seeing the Kathmandu stores are losing money he could take them of them cheap and leave the Rip Curl / Oboz as a stand alone global company without the hassles of retailing.
Rod wouldn't want those bits would he?
”When investors are euphoric, they are incapable of recognising euphoria itself “
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?.
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