KMD - Kathmandu

[winner69]

Hey Percey ... does look like all the gloom and doom in the papers is just in the minds of the journos looking for a story

KMD on fire .... same store sales up heaps ..... and heck those fantastic margins even getting better

From the announcement -

Kathmandu's Chief Executive Officer Peter Halkett said that strong sales erformance in December and for the month to date in January in both Australia and New Zealand, coupled with improved gross margins have been the primary reasons for the year on year increase. "We have been pleased with our trading performance throughout the Christmas period", said Mr Halkett,

[percy]

Hey Percey ... does look like all the gloom and doom in the papers is just in the minds of the journos looking for a story

KMD on fire .... same store sales up heaps ..... and heck those fantastic margins even getting better

From the announcement -

Kathmandu's Chief Executive Officer Peter Halkett said that strong sales erformance in December and for the month to date in January in both Australia and New Zealand, coupled with improved gross margins have been the primary reasons for the year on year increase. "We have been pleased with our trading performance throughout the Christmas period", said Mr Halkett,

It is good to be proven wrong.!!!!!

[minimoke]

KMD on fire .... same store sales up heaps ..... and heck those fantastic margins even getting better

KMD remains 10% below IPO list price and still well of the high of $2.57

[winner69]

KMD remains 10% below IPO list price and still well of the high of $2.57

Almost back to IPO price now and the NZX see,s to have only gone up 5% in the same time period

maybe a long hard road who bought into the hype of the IPO but a great buy for those who could see through the crap that was being written about KMD then

Suppose that's what investing is all about .... buying when medium/long term returns are liekly to be above average (but managing the downside in the process)

I would say over the next year KMD will still outperform most retail stocks ... thats my story and i am sticking to it

[minimoke]

A
I would say over the next year KMD will still outperform most retail stocks ... thats my story and i am sticking to it

But what if retail doesn't do very well - out performing non performers isn't much of an aspiration.

Haven't really followed KMD for a while but will put back on watchlist. As an aside any idea why KMD isn't part of the NZX Consumer Index?

[winner69]

But what if retail doesn't do very well - out performing non performers isn't much of an aspiration.

Haven't really followed KMD for a while but will put back on watchlist. As an aside any idea why KMD isn't part of the NZX Consumer Index?

Good point ... seem to be classed a Textiles and Apparel company alongside CAV .... prob seen as a manufacturwe and not a retailer ...... even though PPL is in the consumer sector

[minimoke]

Good point ... seem to be classed a Textiles and Apparel company alongside CAV .... prob seen as a manufacturwe and not a retailer ...... even though PPL is in the consumer sector

Well theres a quote for the "NZX What a Joke" Thread

[winner69]

ASX has it as a retailer

[minimoke]

Goes to show where the brains and common sense are. And NZX wanted to take over the NSX. Laughable!

[Toulouse - Luzern]

Fisherfunds NZ growth hold KMD - should provide a boost overnight ...