KMD 3.90% 37.0¢ kmd brands limited

I tried DSH and didn't get far. I did long on the news at the...

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  1. 7,719 Posts.
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    I tried DSH and didn't get far. I did long on the news at the open today. Bit surprised it pulled back so far - silly me - didn't take a quick big profit. I strongly suspect buyers are interested here. Can't see why it will not add another 20% or so from here. Upside risk of another takeover offer I guess.

    The guidance is unchanged, and q1 (roughly) is a quiet season, but css sales were up 4.8%, and on a big comparative of 16% last year, when they were liquidating stock. So certainly some background to at least evaluate the guidance given as "not unreasonable". If guidance works out, PE now would be about 8.4x. You might think that a more optimistic market might easily give this a 14x PE, which would be about $2.50 ish, if this is still on track at HY.
 
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Last
37.0¢
Change
-0.015(3.90%)
Mkt cap ! $334.4M
Open High Low Value Volume
37.5¢ 38.5¢ 36.5¢ $113.2K 302.3K

Buyers (Bids)

No. Vol. Price($)
5 74089 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 24072 1
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
KMD (ASX) Chart
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