KMD - Kathmandu

[winner69]

Earnings per share are down 80%, and the share price goes up 10% on the open today... share price now less than half way off where KMD was at the start of the year, despite a dramatically changed outlook... crazy stuff... but I suppose like AIR, it doesn't matter about the earnings if the story is strong.

The story is that KMD will be back to a new normal (better than the old normal) in 2021

Coming out of this a much stronger company

Rememember BRANDS are the name of the game.

That $70m number is meaningless really.

[trader_jackson]

The story is that KMD will be back to a new normal (better than the old normal) in 2021

Coming out of this a much stronger company

Rememember BRANDS are the name of the game.

That $70m number is meaningless really.

True, the faith in Pumpkin Patch was unshakable for a while there

[MarineSalvage]

I know I have just had to buy three down jackets for the kids as its freezing... all from KMD

[winner69]

Tj — also think a bit of relief in that update ....KMD not going bust.

[Waltzing]

well really did not buy enough in the offer....and i own the best dual purpose top rip curl has ever produced.. I left a photo here and its really the best made jacket ever ...i would have bought many had i known the quality at the time., I doubt the same quality exist today..

[winner69]

I know I have just had to buy three down jackets for the kids as its freezing... all from KMD

Hope you paid full price for shareholders sake

They need dynamic pricing ....stormy days price goes up

[MarineSalvage]

I'm a scout leader so always been a Summit Club member but you only get a discount on full price, which you never would pay anyway. Personally I wear TrangoWorld which is better than any NZ brand

Hope you paid full price for shareholders sake

They need dynamic pricing ....stormy days price goes up

[winner69]

I'm a scout leader so always been a Summit Club member but you only get a discount on full price, which you never would pay anyway. Personally I wear TrangoWorld which is better than any NZ brand

So good stuff for dad and the cheap stuff for the kids

[MarineSalvage]

SHHH dont tell them... KMD stuff is OK and still $100 each... I tend to go to more extreme places than them (pre COVID)

So good stuff for dad and the cheap stuff for the kids

[kiwidollabill]

https://www.nzx.com/announcements/355640

Reads kinda okay, then you realize FY19 pro forma normalised Combined Group EBITDA was $151m, now expected to be "above $70m"... so about half of last year... then you realize a huge amount of shares have been issued (more than doubling the shares on issue)... so on a Earnings per share basis, KMD is down about 80% on last year...?
Interesting that the share price has only gone down about 50%...

Yep, ecom 'helped' but unable to lessen the blow, not proficient with that channel...

Still bearish on this, their product mix/brand offering/supply chain not well positioned. Will struggle on EPS and be at continued whim of the banks.

Wrote a long post on this a while back.