KMD - Kathmandu

[drcjp]

https://nzx.com/companies/BGR/announcements/285580
This could get interesting. Nothing like a bit of biffo to entertain.

[huxley]

Looks to be at a 12 month high..

[drcjp]

Rod Duke will be happy. its finally worth what he paid for it!

[winner69]

Rod Duke will be happy. its finally worth what he paid for it!

And Briscoes seem to be pushing on to all time highs

[emveha]

Mr Casey promised us a trading update "early august" so any time now... Including July sales. How was the weather in New Zealand in July?

[huxley]

Mr Casey promised us a trading update "early august" so any time now... Including July sales. How was the weather in New Zealand in July?

Last day for the winter sale is today. It's been a bit clolder lately for sure. Hopefully that'll translate into increased sales!

[emveha]

Here we go:

Full year FY2016 earnings will be in the following range:
• EBIT $50.0 to $51.0 million (last year $33.2m)
• NPAT $33.0 to $34.0 million (last year $20.4m)
Just narrowing the previous estimate (NPAT $32m to $35m), no up or down surprise.

[drcjp]

Here we go:

Full year FY2016 earnings will be in the following range:
• EBIT $50.0 to $51.0 million (last year $33.2m)
• NPAT $33.0 to $34.0 million (last year $20.4m)
Just narrowing the previous estimate (NPAT $32m to $35m), no up or down surprise.

I have a great deal of joyous schadenfruede on this result as the shorters who have been playing this stock over the last 6 months have been gazumped. So sad. HA!

[huxley]

What's this? KMD trading at $2.00

[winner69]

What's this? KMD trading at $2.00

Amazing eh

Next resistance level is $3 - remember that was only 18 months or so ago

After that $4 - was that just over 2 years ago

What's the phrase I am after?