KDY 0.00% 2.7¢ kaddy limited

DW8 - Wine Tech Stock or just a logistic company with a website?, page-29

  1. 150 Posts.
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    what I said was spot on. look at the annual report, take the statutory gross profit, bin it.

    So what I am saying is

    1.Calculate a more accurate gross margin yourself
    2. The market will value the business properly based on this gross margin

    take note that the above is entirely unbiased towards making a statement on DW8 value.

    now onto my biased part. When I realised gross margin is very uninteresting still after holding for just shy of 2 years I thought the stock would fall, because this is the metric the market looks at in my opinion, and I was right. If true gross margin turns around I will be buying back in. even before it shows in STATUTORY gross margin. If case sales go sideways for a couple of quarters of course margin collapses, the company is in a massive expansion phase.

    an investor is permitted to sell and buy, I can't believe I needed to say this.

    If you disagree with any of the above you need to re-read it.
 
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