KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-12189

  1. 47 Posts.
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    Withoutan explanation of the increased PMOC, it looks to me like things are trendingin the wrong direction.

    • Operating Expenses up per case ($26 to $28.2 based on my maths)
    • Operating Revenue down per case (only slightly)
    • And they achieved a significant case/order increase from 2.92 to 3.74.


    Based onthe above, increasing scale is not assisting the profit margin. Seems prettypoor that DW8 didn't try to explain this in the Quarterly Report...

    Changingmy sentiment to 'Hold', but 'Sell' is not out of the question...

 
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