KMD - Kathmandu

[percy]

]

Anybody who borrows more than they can afford deserve what they get eh ... as well as the greedy suppliers of that dosh ..... they deserve to lose as well

The worlds gone mad with debt and now we (all) are suffering ..... the world needs to stop borrowing as much and get back to old fashioned values[/QUOTE]

The over debted companies make things very difficult for a numder of people; landlords,staff,and suppliers.Staff look for safer jobs.Landlords look for stronger tnants.Suppliers are just left to pray. !!!

[percy]

But,wait there's more.!
www.theaustralian.com.au/business.
Tough times for our retailers. Rebel joins the list.

[winner69]

But,wait there's more.!
www.theaustralian.com.au/business.
Tough times for our retailers. Rebel joins the list.

Oh dear oh dear ..... private equity and greedy lenders to take another hit


Shame really as Rebel actually trading quite well and would be doing OK if run on old fashioned principles

[winner69]

Percy - things seem to be on a roll in Australia

http://www.theage.com.au/national/re...108-19jgk.html

[percy]

Yeah,right.
May be ?
Sorry if I am doubtfull.

[h2so4]

A little off subject but I get the feeling KMD could well be a takeover candidate in 2011.

[Balance]

A little off subject but I get the feeling KMD could well be a takeover candidate in 2011.

And who would want to takeover an entity that was heavily geared up and sold back to the market for a huge profit just a year ago?

[h2so4]

A company that wants a bigger presence in the Aust market enter the NZ market and take advantage of a low NZ dollar and low valuation.

[Balance]

A company that wants a bigger presence in the Aust market enter the NZ market and take advantage of a low NZ dollar and low valuation.

Low NZ$? The kiwi just hit a 5 year high against the Euro!

[h2so4]

Ha! yes you are right.