Ann: KMD Brands Trading Update, page-17

firstly the volume for this company is small, so you will have big movements if institutions change sentiment, which they are currently. Institutions only care about results qtr to qtr, and it doesn’t look like this company will be making good bucks in the next 2-3 qtrs hence they r selling and buying tech stocks again. You just need to do your own valuation, in the next 3-5years will thing go back to pre covid? If they will then what’s the cashflow and discount it back to today. Is current P/E at historic low or mid point? Do u see this company going bankrupt? Is there too much debt and not enough cash? Don’t worry about the SP and short term macros.