KMD - Kathmandu

[winner69]

other way round. Allan bought another 7m shares odd

Alan Gray’s notice of more shares in FBU prob out tomorrow …takes a few more dollars to get 1%

[Sideshow Bob]

other way round. Allan bought another 7m shares odd

Monday morning.....need coffee......

[Filthy]

a trading update came this time last year & usually in the 1st or 2nd week of Feb, so might be due some more news soon.

approaching Covid lows. wonder if 'ld mate Rod might be interested again. Could get at a huge discount to the NZ$1.80 offered in 2015.

since then.... the BGP SP has about doubled and KMD has about halved. so they could do with a bit of Rod magic.

[Muse]

https://www.nzx.com/announcements/426457

Diabolical update

So pre IFRS16 EBITDA of $~15m. that's a 67% fall from the $45m (same basis) they achieved last year. After PP&E depreciation etc not going to be much NPAT produced at the bottom line for the first half.

[Rawz]

Cant say they didnt warn us with their outlook which had about 10 points of why the future was looking grim.

Sales were down -6.4% Aug 2023
Sales now down -12.5% Nov 2023

Big ole dog stock

Sales down -6.4% Aug 2023
Sales down -12.5% Nov 2023
Sales down -14.5% Jan 2034

woof

[winner69]

Breakeven first half at best I reckon

Muse said diabolical …agree

Rip Curl didn’t have a good last 2 months

Time for Captain Kirk to go?

[Rawz]

Old mate Allan Grey not very good on his timing with buying up big on KMD and FBU.

No doubt still come out with a tidy profit once the true value of these companies are realised in a few years time.

[Sideshow Bob]

Old mate Allan Grey not very good on his timing with buying up big on KMD and FBU.

No doubt still come out with a tidy profit once the true value of these companies are realised in a few years time.

Down 15c/24% on opening to 47c. Ouch.....!! Lower than the Covid dip!!

What's Rod's plans??

[winner69]

Old mate Allan Grey not very good on his timing with buying up big on KMD and FBU.

No doubt still come out with a tidy profit once the true value of these companies are realised in a few years time.

You must be getting your buy orders in

Book value $1.18 ……..for branded retailer ‘true value’ in excess of 2 bucks eh

[winner69]

Down 15c/24% on opening to 47c. Ouch.....!! Lower than the Covid dip!!

What's Rod's plans??

Rod to David ….this for real mate!!

Think Rod regretting getting involved ……doubt whether he’d want it now seeing its supposedly more than retailer ……just have to curse his bad luck and when he comes to cash out its worth more than today