And, next few days on this HC forum will be a place for people with a high level of stress tolerance.
It's likely there's going to be a lot of misery posted on this forum by the roving doom-and-gloomers who blow in and out of HC forums to spread famine and pestilence and get off on schadenfreude - and I daresay there's going to be a whole bunch of SH baleing on Monday and take the hit.
I must confess I've been considering it myself - but, luckily, there's a few more sleeps until I can. This needs careful consideration not knee-jerk fear reaction.
My observation is ... last year all you needed to get on the T20 list was about 400k shares.
This year, you'll need at least 1.1 mill and, likely, most of these holding was bought on-market by the SH on the list. I wouldn't be surprised if a lot of these shares have been bought cheaply of late but obviously can't say that for sure - but IMO there seems to be a lot of confidence in KTDs future prospects. Maybe it is all planned for a TO - who knows.
The fact is, there's a bunch of people with a big a big vested interest in the success of KTD or whatever it's going to be called into the future - and they're likely more in the 'know' than any poster on HC.
Also - this has been an unusual year of settling in of the new 'management' who, even if I'm not sure I trust them to be transparent in their reporting, I'm sure are seriously looking to clean up financially for themselves. It makes sense for them to have a miserable 1st year financial report because then it's easier for them to smell roses in the future with their brilliant 'management' skills that SH have paid for in advance.
And, let's face it - they've been pretty 'active' with the re-design of KTD over less than 12 months. Who knows, it could be that KTDs master plan is actually working and next year is going to be a boomer.
As an aside, right now, if I was going to invest in a company, I'd probably avoid one in a country China might decide to spank - and NZ seems to be one of the few countries not on China's hit list, this week.
It's s dilemma - stay or go?
I have no idea what the right answer is but, right now, I'm leaning towards not abandoning KTD.
Even if the SP takes a dive next week, I'm pretty sure it'll recover to better than what it is now.
It's fun - I think.
KTD Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
(20min delay)