KMD - KMD Brands
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Re: Kathmandu IPO
I'd also like to see what strategy the management have in place to counter the growth of competitors like Anaconda who will target their margins and aim to match quality (believe this when I see it).
Cheers,
Kenny
I'd also like to see what strategy the management have in place to counter the growth of competitors like Anaconda who will target their margins and aim to match quality (believe this when I see it).
Cheers,
Kenny
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Re: Kathmandu IPO
From what I've read in AFR she has a restrictive clause until 2012 not to compete against Kathmandu...but she's of the opinion she'll be up and running by the end of 2010.
From what I've read in AFR she has a restrictive clause until 2012 not to compete against Kathmandu...but she's of the opinion she'll be up and running by the end of 2010.
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Re: Kathmandu IPO
I find this discussion of this magic women very amusing.....If Roger Corbett said, I've missed managing Woolworths and making it Australia's top 'essentials' grocer.......I'm going to start Australian Walmart in Competition...how would we react......how about JB Hifi
The whole concept is just ridiculous
1. Kathmandu is Kathmadu......if you look at what's being sold in the prospectus.......it's pretty much just intangible asset which debt attached to it!!!
2. Kathmandu is a machine now......it's not the company Ms whatever her name started........the private equiteers have put the 'modern management touch on it'.........that's no magic but its now a corporate machine that dominates the market and the only way to beat it will be another corporate machine
3. Sadly, this lady is obviously a very energetic, fiesty and very, very astute retail mind......but that won't be enough on her own....she is dreaming
It's a bit sad really, that, when a company 'turns into a machine'.....it's almost impossible for one person to come along and bring it down......
The Kathmandu machine is ageless......it has no conscience....it will compete ferociously........she is not
Unfortunately for all her blusterings, she's going to have to let go.......if she wanted to see it go to a good home, she should have organised a leveraged ESOP and sold it to her employees.....
I find this discussion of this magic women very amusing.....If Roger Corbett said, I've missed managing Woolworths and making it Australia's top 'essentials' grocer.......I'm going to start Australian Walmart in Competition...how would we react......how about JB Hifi
The whole concept is just ridiculous
1. Kathmandu is Kathmadu......if you look at what's being sold in the prospectus.......it's pretty much just intangible asset which debt attached to it!!!
2. Kathmandu is a machine now......it's not the company Ms whatever her name started........the private equiteers have put the 'modern management touch on it'.........that's no magic but its now a corporate machine that dominates the market and the only way to beat it will be another corporate machine
3. Sadly, this lady is obviously a very energetic, fiesty and very, very astute retail mind......but that won't be enough on her own....she is dreaming
It's a bit sad really, that, when a company 'turns into a machine'.....it's almost impossible for one person to come along and bring it down......
The Kathmandu machine is ageless......it has no conscience....it will compete ferociously........she is not
Unfortunately for all her blusterings, she's going to have to let go.......if she wanted to see it go to a good home, she should have organised a leveraged ESOP and sold it to her employees.....
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Re: Kathmandu IPO
Comsec share allocation has closed 3 days early........what does that mean? Are they calling it off........doubt it
They have probably used up their allocation, which is a bit odd since their allocation would be the biggest of all
Comsec share allocation has closed 3 days early........what does that mean? Are they calling it off........doubt it
They have probably used up their allocation, which is a bit odd since their allocation would be the biggest of all
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Re: KMD - Kathmandu
Team NZ should have had this on their sales.
A bricks and mortar retailer, that sells genuine quality clothes, serves you well, and is well worth the the prices offered.
Stunning!
Team NZ should have had this on their sales.
A bricks and mortar retailer, that sells genuine quality clothes, serves you well, and is well worth the the prices offered.
Stunning!
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Re: KMD - Kathmandu
Still on the up. Closed at $3.15 today.
Still on the up. Closed at $3.15 today.
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Re: KMD - Kathmandu
Had a nice little run up over the last 6 months or so and has now retraced to that 61.8 and holding.
Compared to the TRS you'd think KMD should have gone through the floor if you believed the TRS justification for their falling to lows not seen since December 2006!!!.
What was the reason offered by management? - Unseasonably warm weather!!!
How that would stop me from buying some junk from the Reject shop I am not sure. :silly:
See monthly chart -
I could understand warm weather preventing me from getting some thermal warming cloths from KMD however.
Both have been aggressively expanding stores and been pretty well praised over the last two years for their efforts. See KMD Daily chart -
I'm not sure what the point of this post is other than the Reject Shop is in some kind of strife given warm weather aint hurting KMD that much.
KMD Monthly Chart -
Had a nice little run up over the last 6 months or so and has now retraced to that 61.8 and holding.
Compared to the TRS you'd think KMD should have gone through the floor if you believed the TRS justification for their falling to lows not seen since December 2006!!!.
What was the reason offered by management? - Unseasonably warm weather!!!
How that would stop me from buying some junk from the Reject shop I am not sure. :silly:
See monthly chart -
I could understand warm weather preventing me from getting some thermal warming cloths from KMD however.
Both have been aggressively expanding stores and been pretty well praised over the last two years for their efforts. See KMD Daily chart -
I'm not sure what the point of this post is other than the Reject Shop is in some kind of strife given warm weather aint hurting KMD that much.
KMD Monthly Chart -
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Re: KMD - Kathmandu
KMD came out with a profit warning today. Smack down about 14%
Guess we all should of seen that coming!!!!
Shot down through that 61.8 but bouncing for the moment back up.
Testing times!!
Meanwhile after the unseasonably warm winter so far, we now have blizzard conditions all over the Alps.
~ Best KMD hit the air waves and have a bumper recovery!
KMD came out with a profit warning today. Smack down about 14%
Guess we all should of seen that coming!!!!
Shot down through that 61.8 but bouncing for the moment back up.
Testing times!!
Meanwhile after the unseasonably warm winter so far, we now have blizzard conditions all over the Alps.
~ Best KMD hit the air waves and have a bumper recovery!
Wysiwyg
Everyone wants money
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Re: KMD - Kathmandu
Bit untimely news if one jumped on the trend early June. Instant K.O. but experience wise it could teach to avoid reporting periods. Unless one knows the company is raking it in.
Bit untimely news if one jumped on the trend early June. Instant K.O. but experience wise it could teach to avoid reporting periods. Unless one knows the company is raking it in.
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Re: KMD - Kathmandu
Wait for the turn.
It'll be a cracker!
[video]http://www.news.com.au/travel/travel-ideas/best-snowfalls-in-a-decade-forecast-for-eastern-australia-strap-yourselves-in-for-the-megablizzard/story-e6frfqdr-1226963855196[/video]
Even today should be pointed as it's so far done a hard reversal blow off style, though news of the downgrade needs to filter out for tomorrows traders on yesterdays news. If todays low isn't broken timing is right as consumers are getting over the budget girly screams and retail in general seems to be getting the thumbs up from the likes of Solom Lou and The DJ Enthusiasts (It's a new band).
Rock on retail - it's bottom picking time.
Wait for the turn.
It'll be a cracker!
[video]http://www.news.com.au/travel/travel-ideas/best-snowfalls-in-a-decade-forecast-for-eastern-australia-strap-yourselves-in-for-the-megablizzard/story-e6frfqdr-1226963855196[/video]
Even today should be pointed as it's so far done a hard reversal blow off style, though news of the downgrade needs to filter out for tomorrows traders on yesterdays news. If todays low isn't broken timing is right as consumers are getting over the budget girly screams and retail in general seems to be getting the thumbs up from the likes of Solom Lou and The DJ Enthusiasts (It's a new band).
Rock on retail - it's bottom picking time.
McCoy Pauley
Get out of here Budweiser!
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Re: KMD - Kathmandu
I walked into a Kathmandu store at Doncaster Shoppingtown a couple of weekends ago looking for a new winter coat to replace one that's lasted me almost 10 years (I actually bought the coat at the Australian Formula One Grand Prix when I was caught short by some terrible Melbourne weather, but that's a different story).
Had a quick browse then walked straight back out. I'm not an adventure person, so I don't go in for all that stuff - I was after a coat that could keep me reasonably warm when I go to the footy and keep me reasonably waterproof if I'm caught in the rain.
But I thought that for what Kathmandu was selling, they seemed overpriced and fairly unfashionable (not that I'm a fashionable person). And that was with the sale that was going on.
I wouldn't make my investment decision based on my sole experience of a Kathmandu store but to me it seems to confirm my impression that again Australian retailers are generally overpriced compared to what I could buy online through Amazon or another retailer.
I walked into a Kathmandu store at Doncaster Shoppingtown a couple of weekends ago looking for a new winter coat to replace one that's lasted me almost 10 years (I actually bought the coat at the Australian Formula One Grand Prix when I was caught short by some terrible Melbourne weather, but that's a different story).
Had a quick browse then walked straight back out. I'm not an adventure person, so I don't go in for all that stuff - I was after a coat that could keep me reasonably warm when I go to the footy and keep me reasonably waterproof if I'm caught in the rain.
But I thought that for what Kathmandu was selling, they seemed overpriced and fairly unfashionable (not that I'm a fashionable person). And that was with the sale that was going on.
I wouldn't make my investment decision based on my sole experience of a Kathmandu store but to me it seems to confirm my impression that again Australian retailers are generally overpriced compared to what I could buy online through Amazon or another retailer.
Re: KMD - Kathmandu
i went into my local one today for a change seeing it was a sale, found a plastic bottle with kathmandu logo with the normal price of $20.. seriously - its something that should be given away as promotion. i regularly haunt online cycling retailers and after 50% and more off they're still not in the ballpark.
i suspect their target market is not online shoppers (although they do have an online club) but people with cash to burn who will gear up for overseas trips etc. justifying that they've already spent a few K on their holiday and now its time to buy the accessories all in one place.
i went into my local one today for a change seeing it was a sale, found a plastic bottle with kathmandu logo with the normal price of $20.. seriously - its something that should be given away as promotion. i regularly haunt online cycling retailers and after 50% and more off they're still not in the ballpark.
i suspect their target market is not online shoppers (although they do have an online club) but people with cash to burn who will gear up for overseas trips etc. justifying that they've already spent a few K on their holiday and now its time to buy the accessories all in one place.
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Re: KMD - Kathmandu
Most stuff these days is appalling quality and cheep.
KMD stuff aint cheep but the quality is good and you can get stuff that does actually keeps you warm!
Like real wool.
Even their warm drink holders work better than anything I've ever tried which makes it worth paying 4 times as much because they work!!! Having three peaces of crap that don't keep your drink warm is useless!
I do think they have a fairly loyal customer base who know what they are doing.
The proof is that they have done extremely well compared to most retailers in the last 5 years.
I don't think the stock is cheap at these levels and there is not much snow in NZ yet so they will be suffering over their too.
Price action pretty good for 2 days if you were not in prior.
Most stuff these days is appalling quality and cheep.
KMD stuff aint cheep but the quality is good and you can get stuff that does actually keeps you warm!
Like real wool.
Even their warm drink holders work better than anything I've ever tried which makes it worth paying 4 times as much because they work!!! Having three peaces of crap that don't keep your drink warm is useless!
I do think they have a fairly loyal customer base who know what they are doing.
The proof is that they have done extremely well compared to most retailers in the last 5 years.
I don't think the stock is cheap at these levels and there is not much snow in NZ yet so they will be suffering over their too.
Price action pretty good for 2 days if you were not in prior.
Re: KMD - Kathmandu
There products aren't fashionable, but they're clothing is generally high quality and wins hands down in the function stakes. Something is not quite right at the moment with their business model and I suspect it is their pricing being out of sync with current market conditions. I attended one of their sales recently where they were offering supposedly heavy discounts and some sort of incentive for the first 25 people etc.
It wasn't well frequented and most appeared to split quite quickly.
Surprising majority were middle aged and older.
Something needs refining but overall it's a good business model on the quality front.
There products aren't fashionable, but they're clothing is generally high quality and wins hands down in the function stakes. Something is not quite right at the moment with their business model and I suspect it is their pricing being out of sync with current market conditions. I attended one of their sales recently where they were offering supposedly heavy discounts and some sort of incentive for the first 25 people etc.
It wasn't well frequented and most appeared to split quite quickly.
Surprising majority were middle aged and older.
Something needs refining but overall it's a good business model on the quality front.
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Re: KMD - Kathmandu
Their price (on sales) on the same items are nearly twice as much as Anaconda on sale (recent experience purchasing a rain pant (trekking) for my son)
As the right size was missing in Anaconda, ended up ordering online from the uk (not even cheap chinese) for a further 50% off
As to their audience; you need to be wealthy and not be price conscious to shop at KMD, quality may be good but you can get the same quality for less elsewhere IMHO.
Not a share holder.
Their price (on sales) on the same items are nearly twice as much as Anaconda on sale (recent experience purchasing a rain pant (trekking) for my son)
As the right size was missing in Anaconda, ended up ordering online from the uk (not even cheap chinese) for a further 50% off
As to their audience; you need to be wealthy and not be price conscious to shop at KMD, quality may be good but you can get the same quality for less elsewhere IMHO.
Not a share holder.
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Re: KMD - Kathmandu
That's more like it.
That's more like it.
McCoy Pauley
Get out of here Budweiser!
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Re: KMD - Kathmandu
The CEO suddenly resigned, as announced today to the market. Will stay in the job until late November but wants to take a break of up to a year off and then look for a fresh challenge.
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01545796
Interesting timing. Holders have ditched the stock - it's down about 4.6% today.
The CEO suddenly resigned, as announced today to the market. Will stay in the job until late November but wants to take a break of up to a year off and then look for a fresh challenge.
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01545796
Interesting timing. Holders have ditched the stock - it's down about 4.6% today.
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Re: KMD - Kathmandu
Kathmandu Holdings Ltd
(ASX/NZX:KMD) advises same store sales and gross margins in the first five weeks of the company’s Christmas sale promotion in our largest market, Australia, have been below the levels achieved last year. Same store sales in New Zealand and the United Kingdom are currently up. At last month’s Annual General Meeting Kathmandu advised that YTD FY2015 to 16 November 2014 sales had increased by 18.6% 20.5% at constant exchange rates)...
Not surprisingly the stock fell 21.5% on larger than normal volume - it closed at $2.07
The rest of the release can be read by double clicking the link below
http://www.stocknessmonster.com/news-item?S=KMD&E=ASX&N=836066
Kathmandu Holdings Ltd
(ASX/NZX:KMD) advises same store sales and gross margins in the first five weeks of the company’s Christmas sale promotion in our largest market, Australia, have been below the levels achieved last year. Same store sales in New Zealand and the United Kingdom are currently up. At last month’s Annual General Meeting Kathmandu advised that YTD FY2015 to 16 November 2014 sales had increased by 18.6% 20.5% at constant exchange rates)...
Not surprisingly the stock fell 21.5% on larger than normal volume - it closed at $2.07
The rest of the release can be read by double clicking the link below
http://www.stocknessmonster.com/news-item?S=KMD&E=ASX&N=836066
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