Went into their Sylvia Park store on the weekend. You might consider it their premier store. Not a lot of traffic at prime time around lunch. I might add that right next door is Macpac, and they were humming. Perhaps kiwi shoppers are more discerning about quality?
the Ripper happen months ago when KMD's issued shares multiply exponentally in front of everyone's eyes (to keep worried banker happy) , enough to make any Dividend Hunter's eyes water badly..
Have Sales ripped up all past records yet - by at least 200% to make up for this increased EPS spread ? or not likely ?
Last edited by nztx; 01-12-2020 at 03:11 PM.
Reason: add more
Jeez, this is a busy thread ... just hope for them that their Christmas sales have been better than the respective hype around share trader :
On a more positive note: Just noticed that NZ Superfund smashed one week ago through the magical 5% barrier (http://nzx-prod-s7fsd7f98s.s3-websit...110/338686.pdf) - they are now a proud substntial share holder and are holding 5.001% of all KMD shares. Recon they hope for a busy summer ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Jeez, this is a busy thread ... just hope for them that their Christmas sales have been better than the respective hype around share trader :
On a more positive note: Just noticed that NZ Superfund smashed one week ago through the magical 5% barrier (http://nzx-prod-s7fsd7f98s.s3-websit...110/338686.pdf) - they are now a proud substntial share holder and are holding 5.001% of all KMD shares. Recon they hope for a busy summer ...
If they hadn’t bought those 4000 odd extra shares they could avoided the bother of filing notices.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
I'm actually quite surprise that given the booming retail sector (HGL, WHS etc) we are not seeing some of that sentiment spilling over into KMD. Acknowledged that it does have heavy international exposure via RC and has been worst hit by the lack of tourists then most but I would have expected some momentum toward a SP of 1.40. Having said that, anytime I go near our local store it does seem fairly dead (like this thread).
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