KTD chart, page-709

Excuse the delay in reply

I don't see value yet.

I read your post that you left BUB in exchange for a position here, are you seeing the common trend with these milk startups? receipts < costs? 

As KTD expand on their own range margins won't increase, they will decrease. You can put lipstick on a pig with huge % gains, but the end of the day it's still burning money. 

I'm actually surprised this wasn't sold down on announcement. 

I maintain this is very much in a down trend.