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Thread: KMD - Kathmandu

  1. #701
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    Damn, I was so close to buying this the other day. Congrats all.

  2. #702
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    Still undervalued IMO and has a lot of price recovery to go, especially with Briscoes on board.

  3. #703
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    Quote Originally Posted by TheHunter View Post
    Congrats to all who got in within the $1.30's
    I think it was luck for me than chart reading. Any how...I did not buy at 1.3 but bought some at 1.4 last week. I have no idea that this was coming but was purely based on lines on the chart that said I should buy some. Well it pays off this time around. Happy.

  4. #704
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    Charts will never tell you these things. I bought on on the basis of the half year 'loss' being extremely overplayed IMO and the stock being well undervalued.... & it still is I think.

    Regarding the notice, what does the offer of cash & scrip to all holders mean exactly?

  5. #705
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    Lets not forget Mr Xavier Simonet! He's starting work today

  6. #706
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    Jun 2015
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    "The group said it intended to lodge a takeover bid for the remaining 80.1 per cent of Kathmandu immediately."

    What does a "takeover bid" mean exactly? As a holder will I be presented with an offer of some sort?

  7. #707
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    Quote Originally Posted by hey_homes View Post
    "The group said it intended to lodge a takeover bid for the remaining 80.1 per cent of Kathmandu immediately."

    What does a "takeover bid" mean exactly? As a holder will I be presented with an offer of some sort?
    Well I hope if they do make an offer, it'll be more than $1.80.
    I bought over $2, so I don't wanna sell for a loss.

  8. #708
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    Quote Originally Posted by JayRiggs View Post
    Well I hope if they do make an offer, it'll be more than $1.80.
    I bought over $2, so I don't wanna sell for a loss.
    In the same boat at $2.80 buy in.

  9. #709
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    More than happy to sell my shares to Mr Duke for $2.80.

  10. #710
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    Quote Originally Posted by hey_homes View Post
    "The group said it intended to lodge a takeover bid for the remaining 80.1 per cent of Kathmandu immediately."

    What does a "takeover bid" mean exactly? As a holder will I be presented with an offer of some sort?
    Notice says shares and scrip... so cash and shares in the new group. As for price/quantity of this offer, will have to wait and see.

    Surprised people are selling for under $1.80, given the immediate lodge for a take over and 20% purchase @ $1.80 - surely the offer will be at a higher price than that.
    Last edited by TheHunter; 30-06-2015 at 09:50 AM.

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