Great volatility. Was 69c undervalued? Sure for what the company was. Is the current price close to the projected intrinsic value previously? probably not. Capital raising brought some financial stability I guess.
Whats the actual intrinsic value appropriate to assign to KMD? literally impossible to know with no cash flows. Can gamble/punt and make lots if you happen to match the institutes fair value projections.
Unreliable DCF shows that even if you assume no cash flow at all in 2H, the 1H alone probably valued it a little around the current price.
Last edited by Cadalac123; 15-04-2020 at 03:46 PM.
True, just over 5%. Meanwhile, AMP have dropped 3% of their holding...I wonder how much of that is Kiwisaver related.
They haven't really sold much at all. The drop is largely due to the dilution from the capital raising.
Been some interesting (and very profitable!) price action. Not sure whether it's accumulation or short covering? Closed equivalent of 81c on ASX so let's see what happens today...
Well, the money is out of my account. Let’s see how many shares I get on 24th ......
50% up from the offer price .. but that will change maybe .. possibly.... obviously . Must say, I thought the online process was very easy...
NZ Katmandu is open online store
We're delivering the essentials. ❄️🧊
Take on those cooler mornings and evenings with the right gear.
FREE delivery when you spend over $25 | Our couriers will provide contactless delivery and we have increased safety practices in our distribution centre in Christchurch.
Nah... people was cashing early Feb.....sitting on huge cash! Looking for place to put their cash.... therefore market will get higher n higher especially will low interest in the banks and plenty of newbies buying
Originally Posted by Manukatana
Reply With Quote
Bookmarks