KMD - Kathmandu

[Maxtrade]

KMD Brands Trading Update

Pretty much as expected, do you think will affect SP in either direction?

[Waltzing]

better pay attention and run the number as winner(n>=n) will have his digital business math calculator running almost as fast as a GPU...

looks fully priced in already.

[Maxtrade]

Never a positive reflection on share price when CEO resigns. Low SP looking likely may continue to decline further, ouch. Are we going to see $1 level tested next!? Guess it depends on the Aus market and retail outlook there as that's where heaviest trading lays. Market open and close ASX will be interesting for KMD today and this week.

[LaserEyeKiwi]

Never a positive reflection on share price when CEO resigns. Low SP looking likely may continue to decline further, ouch. Are we going to see $1 level tested next!? Guess it depends on the Aus market and retail outlook there as that's where heaviest trading lays. Market open and close ASX will be interesting for KMD today and this week.

Although to be clear this is the Kathmandu brand CEO (Reuben Casey), not the KMD Group CEO (Michael Daly). Each Brand (Kathmandu, Rip Curl, Ozboz) has a “CEO” but they all report to the actual group CEO.

[Maxtrade]

Looking like its been establishing its boots and holding support at 1.08. Even in the midst of todays poor retail news coming out of the states have solid buy volume at 1.11. which would indicate a pending upward trend. Fact that SP didnt breakdown through 1.08 today and bucks general market daily momentum would indicate a rise. Any traders online noticing the same that wish to comment?

[Waltzing]

charts looks like a slow train wreck... and the bottom should at the dollar mark.

P/E suggests it fully priced for slow growth and the DIV is actually higher than it should be

you would need to have a good look at the consolidated cash flow statement and see how much and where was the div financed from and cant remember the numbers off hand

there are simply to many companies to check financial health this year.

winner usually has these numbers to hand.

[Maxtrade]

charts looks like a slow train wreck... and the bottom should at the dollar mark.

P/E suggests it fully priced for slow growth and the DIV is actually higher than it should be

you would need to have a good look at the consolidated cash flow statement and see how much and where was the div financed from and cant remember the numbers off hand

there are simply to many companies to check financial health this year.

winner usually has these numbers to hand.

Unlikely will see those levels, SP it's currently still down 50 to 60% from pre pandemic. Those investors and traders still looking to catch a 'bargain' still have eyes on picking up stocks for solid returns when it recovers. Everything is cyclical, the KMD group are still well positioned, not going to disappear far too established. There will be enough support ready to pounce on these low SP's as soon as any uptick in more positive outlooks. Seems to have formed a pretty solid support level where it currently is 1.08. Even amongst the previous weeks poor news events, one after the other yet SP has held steady. SP has more upside gains than down from where it is currently positioned.

[Maxtrade]

Unlikely will see those levels, SP it's currently still down 50 to 60% from pre pandemic. Those investors and traders still looking to catch a 'bargain' still have eyes on picking up stocks for solid returns when it recovers. Everything is cyclical, the KMD group are still well positioned, not going to disappear far too established. There will be enough support ready to pounce on these low SP's as soon as any uptick in more positive outlooks. Seems to have formed a pretty solid support level where it currently is 1.08. Even amongst the previous weeks poor news events, one after the other yet SP has held steady. SP has more upside gains than down from where it is currently positioned.

Solid support level formed 1.08/1.09, breakdown of 1.11 to be followed by steady rise back into 1.2's, relatively briefly pushing through 1.3's. Upside gains substantially outweigh any downside at this point.

[Waltzing]

certainly if we look at E1 and E2 coming in as markets update announcement predicts its a tab undervalued and over sold.

[Maxtrade]

Agreed St% 14.3.3, RSI hovering around 40. VIX and offshore markets showing more positive signs. KMD SP buying opportunity for a comfortable 10% gain once breaks through resistance 1.11/1.12