KMD Kathmandu Brands

[winner (n)]

Seems yesterday's fall took share price below MA100

Couldn't be right so I looked at EMA100 (some TA gurus say EMA better guide than MA because it puts more weight on more recent events)

Bugger share price even more below that ... EMA100 a bit over 1.09

No worries because todays Friday and that often is a good day and KMD will go to 1.10

Failing that there's a lunar eclipse net week and that's a good omen

[winner (n)]

The MA100 still going down

It seems to be saying to the share price wait for me to catch up ,,,,, but that's not how the maths go is it ..... declining share price usually leads to a declining MA100

Next week it all might be different so no worries

[BlackPeter]

Applying your favourite extrapolation technique - given that SP went up by 3 cents in the last 2 months, it will be no doubt around $1.20 in a year from now ;

If it doesn't - blame linear extrapolation ;

Anyway - I see they appointed a new director:

https://announcements.nzx.com/detail/402109

Zion commenced his career with adidas in New Zealand as Product Manager for Footwear in 1998 before moving to the adidas headquarters in Germany in 2002. From 2005 to 2014, Zion held various leadership roles in Asia-Pacific including President & Managing Director adidas Group South Korea. Since 2015, he served as General Manager of adidas North America and in 2018 was promoted to President - adidas North America.

heavenly news indeed ...

It appears that Zions career with adidas might add some quite invaluable experience and insights to the Kathmandu board. Good choice.

 

[winner (n)]

Hopefully getting new people on Boad so they can ask Captain Kirk to 'retire'

Well past his use by date is David

In saying that he has taken a small ANZ outfit to a global giant --- but I don't knpw if shareholders are much richer (not checked that out)

Zion might be the man

[winner (n)]

Hopefully getting new people on Boad so they can ask Captain Kirk to 'retire'

Well past his use by date is David

In saying that he has taken a small ANZ outfit to a global giant --- but I don't knpw if shareholders are much richer (not checked that out)

Zion might be the man

Using Morningstar here's how punters have done if they bet $10,000 on KMD in 2013 - includes divies which are reinvested - worth $4,446 now

Good thing about this chart - it can't really go down any more can it

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[Shareguy]

Great chart Winner. I feel for long term holders.

I spoke to a mate of mine this morning who was speaking to his mate who is a partner at one of the top two largest accounting firms in NZ. He apparently said cracks are starting to show in several of the big retail chains they are involved with.

[Shareguy]

Allan Gray buys another 7m

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/KMD/402191/383165.pdf

[winner (n)]

Allan Gray buys another 7m

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/KMD/402191/383165.pdf

They seem to like NZ at the moment

Must use BlackPeter as their NZ advisor - they be buying into OCA next 

[Shareguy]

They seem to like NZ at the moment

Must use BlackPeter as their NZ advisor - they be buying into OCA next 

Wouldn't that be good. It needs some love

[Shareguy]

KMD Brands update today.

Achieved a positive result in Q1 FY23, with strong sales growth across all brands compared to both prior year and pre-COVID levels. Pleasingly, gross margin and profitability are holding up well, with group underlying operating profit for the first quarter of FY23 improving by nearly $30 million year-on-year.

https://www.nzx.com/announcements/402435

[winner (n)]

KMD Brands update today.

Achieved a positive result in Q1 FY23, with strong sales growth across all brands compared to both prior year and pre-COVID levels. Pleasingly, gross margin and profitability are holding up well, with group underlying operating profit for the first quarter of FY23 improving by nearly $30 million year-on-year.

https://www.nzx.com/announcements/402435

Bloody good -

Q1 FY23 underlying operating profit has improved by nearly $30m year-on-year


All back to normal

A broker had a $1.75 target not long ago --- share price heading back that way ..... middle of next year

[winner (n)]

Share price burst through MA100 - that's a good sign

[winner (n)]

KMD say - group underlying operating profit for the first quarter of FY23 improving by nearly $30 million year-on-year."

Jeez - full year 22 was $36m

So after Q1 $30m ahead of last year - makes you wonder what full year will be eh

Bonanza year on way .... might see that $1.75 share price yet

[winner (n)]

Give Forbar full marks for loyalty to KMD

You'd think that one day (soon) their and many others view of where the KMD share price should be will become reality

Who had a target of $1.75 a year or so ago?

One day the charts will look better - won't they

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[Shareguy]

Agree Winner. 2023 will be the year.  Im picking SP should rerate on next results.

My only retail stock.