KMD - Kathmandu

[Maxtrade]

charts looks like a slow train wreck... and the bottom should at the dollar mark.

P/E suggests it fully priced for slow growth and the DIV is actually higher than it should be

you would need to have a good look at the consolidated cash flow statement and see how much and where was the div financed from and cant remember the numbers off hand

there are simply to many companies to check financial health this year.

winner usually has these numbers to hand.

Unlikely will see those levels, SP it's currently still down 50 to 60% from pre pandemic. Those investors and traders still looking to catch a 'bargain' still have eyes on picking up stocks for solid returns when it recovers. Everything is cyclical, the KMD group are still well positioned, not going to disappear far too established. There will be enough support ready to pounce on these low SP's as soon as any uptick in more positive outlooks. Seems to have formed a pretty solid support level where it currently is 1.08. Even amongst the previous weeks poor news events, one after the other yet SP has held steady. SP has more upside gains than down from where it is currently positioned.