KMD - Kathmandu

[nztx]

Capitain Kirk, we have a strong meltdown under way - time to call in more experienced operators
to see if they can offer a fix that the resident talent on a high screw can't seem to diagnose ?

[Filthy]

no wonder no divie …would have had to borrow more lol

well... some companies would've - at least that shows some prudence.

looks like they clawing back some of the lost ground in Feb/part March.

so maybe outlook not all bad.

just need some wind, rain (and the phoenix)

[Sideshow Bob]

just need some wind, rain (and the phoenix)

Well just had a look at what El Nino means for NZ in winter.

NIWA says....."In winter, the winds tend to blow more from the south, causing colder temperatures across the country"

The old puffer jacket might be in business.....

[Muse]

Well just had a look at what El Nino means for NZ in winter.

NIWA says....."In winter, the winds tend to blow more from the south, causing colder temperatures across the country"

The old puffer jacket might be in business.....

aye

but probably won't have much stock after last year(s) model have been discounted away and new season orders quite slim.
this CY probably the bottom of the cycle. the company has issues, and the cycle and its issues compound each other, but would have thought the business will fare better next yr

[Goob]

Directors buying. Love to see it.

There is some downside support imo if you assume Rip Curl is worth say $350m (they did pay a near top-of-the-cycle $370m in 2019). Would leave around $150-180m on debt-free basis for Kathmandu and Oboz but that doesn't include lease liabilities. Would still need to see Kathmandu recover for that but it's somewhat interesting

[biker]

Nice lift today but off a VERY low base. Quite good volume with VWAP 58.5 up 10%.

Always nice to see directors buying.

[Rawz]

Got to give credit to the board buying up when their company is down in the dumps. Good on them, a lot of other boards are no where to be seen when the SP falls.

David Kirk adding another 100k shares.

https://announcements.nzx.com/detail/428612

[nztx]

Got to give credit to the board buying up when their company is down in the dumps. Good on them, a lot of other boards are no where to be seen when the SP falls.

David Kirk adding another 100k shares.

https://announcements.nzx.com/detail/428612

http://nzx-prod-s7fsd7f98s.s3-websit...297/404314.pdf


It was +207 K Shares added for the six months preceding that to 3 Oct 2023

[winner69]

Punters should be indebted to Alan Gray forvsupporting the share price of the likes of KMD and Fletchers

Without them wonder where share price would be

http://nzx-prod-s7fsd7f98s.s3-websit...928/416026.pdf

[Rawz]

Punters should be indebted to Alan Gray forvsupporting the share price of the likes of KMD and Fletchers

Without them wonder where share price would be

http://nzx-prod-s7fsd7f98s.s3-websit...928/416026.pdf

Incredible conviction. Bad update follows bad update and they continue to buy all the way down. Against all the rules of investing lol