it looks good. but SP only up 2% so now im not sure?
• Sales momentum has continued in Q2, resulting in record first half sales
• Group total sales for 1H FY23 (unaudited) are expected to be approximately $546 million, an increase of +34% above 1H FY22, with particularly positive trading in Australia.
o Kathmandu sales recovery continues, with total sales +51% above 1H FY22, reflecting a return of travel and tourist-related spend
o Oboz first half sales have rebounded from COVID-related supply constraints last year, growing +124%
o Rip Curl total sales have grown +18%, with strong growth in direct-to-consumer sales, while maintaining wholesale sales levels following strong growth last year
• Group gross margin remains resilient overall, with improved gross margin for the Kathmandu brand
• Underlying 1H FY23 EBITDA(1) is expected to be approximately $45 million, cycling $10.2 million EBITDA in 1H FY22, which included $5.1 million of one-off COVID assistance
Looked good to me.
I tried to buy some at $1.09 limit.
Do not know if I bought any or not, as I have not received a contract note as yet.
Share price heading to that analyst target of $1.50 …..and that’ll be upgraded soon methinks
Come on Winner you can ramp it more than that.
You have been saying for a long time now that this is the cheapest stock on the NZX. You deserve to pat yourself on the back and tell us how this is an amazing update
Come on SP... this reminds me of the MHJ updates in 2021 when the numbers were so big that it was like the market didnt quite believe in it. Like if its too good to be true it probably is....
Percy- late last week i had a limit order at $1.04. didnt fill. then changed it to $1.05 yesterday. didnt fill. shame on me for trying to be cheap and save a cent or two. This morning i bought some at $1.10..............
Come on SP... this reminds me of the MHJ updates in 2021 when the numbers were so big that it was like the market didnt quite believe in it. Like if its too good to be true it probably is....
Percy- late last week i had a limit order at $1.04. didnt fill. then changed it to $1.05 yesterday. didnt fill. shame on me for trying to be cheap and save a cent or two. This morning i bought some at $1.10..............
Just received the contract note from Craigs.My order was filled at $1.09.
KMD was not even on my watch list.
Had read up on them awhile ago when Blackpeter bought them.Thought they were a bit risky at the time,but he has proved to be right.
Did not buy too many.
Just received the contract note from Craigs.My order was filled at $1.09.
KMD was not even on my watch list.
Had read up on them awhile ago when Blackpeter bought them.Thought they were a bit risky at the time,but he has proved to be right.
Did not buy too many.
Nice one!
Looks like sales have continued its momentum in the new year with Jan sales up 52% for Kathmandu and Rip Curl +19%. Both just ahead of the huge growth for the entire 1H.
Would of liked some commentary on the trading outlook thou?
Hey BP, do you know on the internet if you post the wrong answer people will be quicker to correct you with the right answer.. when compared to asking for the right answer straight up..
Originally Posted by Rawz
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