Australia's largest stock trading and investment forum Australia's #1 stock forum

KDY

Click for more information

0.00%

2.7¢ kaddy limited

Thanks Liefix, appreciate your time to post that. Hope this...

First 22 Last

Share
Profile

Follow
Beebob

265 Posts.

121

04/12/22

20:36

Post #: 65143629
Share

Originally posted by LiefiX: ↑

It’s a gamble, insolvency is on the cards if they do nothing or very little and can’t get the costs down enough and revenue high enough. This is standard.

Growth and increasing relevance in the wine logistics industry is growing steadily. It’s all going to be about how fast they can scale the business with what resources they have.

That will in time, will determine the validity of the approach. Clearly plenty of people with money to burn are happy to make that punt short term particularly at 1/10 of a cent. Some are definitely taking a shot on market as indicated in course of sales.

I work in hospitality, the New year and Xmas bells haven’t rung yet but when they do it’s big business.

Alcohol can also be a steady bet in unsteady economic conditions for obvious reasons.

All my thoughts and opinions DYOR.

Expand

Thanks Liefix, appreciate your time to post that. Hope this works out for holders.

DW8 Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

ABY

Adore Beauty FY24 revenues up 7.4% YoY to $196M

ASX Market Open: Aussie futures fall on overall weak night in the US

AI stocks: What to expect in 2024-25

CC9

Wyoming could be America's next hard rock battery metal province – and Chariot Corporation can help

Talking Australia's very competitive property landscape: Realty Talks

There are more pages in this discussion • 33 more messages in this thread...

First 22 Last

Add KDY (ASX) to my watchlist