Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
I was busy earlier and when I read the first paragraph 'Sales from all stores exceeded the forecast sales
per the prospectus issued by Kathmandu at the time of its IPO last October by NZ$5.5 million. i assumed great thats good ....... but obviously not as it transpired
I could never see what the attraction was here. You've had two players, being Cameron and private equity squeeze all the value they think they can extract from KMD in the last 5 years. On top of that you have a retail environment which is soft plus increased competition in this leisure/outdoor market.
Not too mention that i think everyone has got their head around this "sale" business and that the retail price in KMD is a joke. THe sale price is the retail price and if you are dumb enough to buy there outside of the sales then you deserve whats coming.
“If you're worried about falling off the bike, you’d never get on.”
I could never see what the attraction was here. You've had two players, being Cameron and private equity squeeze all the value they think they can extract from KMD in the last 5 years. On top of that you have a retail environment which is soft plus increased competition in this leisure/outdoor market.
Not too mention that i think everyone has got their head around this "sale" business and that the retail price in KMD is a joke. THe sale price is the retail price and if you are dumb enough to buy there outside of the sales then you deserve whats coming.
I could never see what the attraction was here. You've had two players, being Cameron and private equity squeeze all the value they think they can extract from KMD in the last 5 years. On top of that you have a retail environment which is soft plus increased competition in this leisure/outdoor market.
Not too mention that i think everyone has got their head around this "sale" business and that the retail price in KMD is a joke. THe sale price is the retail price and if you are dumb enough to buy there outside of the sales then you deserve whats coming.
Wait till JC starts up her own adventure retail store. The margins will be squeezed further.
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
I could never see what the attraction was here. You've had two players, being Cameron and private equity squeeze all the value they think they can extract from KMD in the last 5 years. On top of that you have a retail environment which is soft plus increased competition in this leisure/outdoor market.
Not too mention that i think everyone has got their head around this "sale" business and that the retail price in KMD is a joke. THe sale price is the retail price and if you are dumb enough to buy there outside of the sales then you deserve whats coming.
Yep cudnt agree more Footsie.....in fact cudnt have put it much better myself......."SALE", my bottom!
Not too mention that i think everyone has got their head around this "sale" business and that the retail price in KMD is a joke.
Well its SALE day on the NZX. A million shares sold at $1.76, which is a good discount of the RRP of $2.50. Better be quick, these shares are racing out the door. Store is open till 5.00pm tonight so get in quick for a bargain at never to be repeated prices - until the next sale that is.
Originally Posted by cycat64
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