You sound much more educated than everyone hyping this up not...

You sound much more educated than everyone hyping this up not knowing what they even sell.

NTD is a much larger operation with multiple brands from Europe, India and China under their belt. They have a mixed type of operation, with wholesale and retail. Their retail chain is the biggest (franchise and company-owned) in WA with smaller operations countrywide. NTD is doing what RPM is talking about doing. They are also using cash than creating wealth by diluting existing shares. The operational efficiencies will greatly benefit NTD them in the long run with their takeovers. Their last take over in WA is also a very successful business with a reputation in the market that added something unique to their operation. They have a purpose with what their buying rather than just buying whatever is available.

In terms of cannibalising, if you have a big brands you can afford to wholesale and retail as there is a need for that brand in the market. If you have a 3rd tier brand and you try to do both other retailers won't touch that brand as your now competing against another wholesaler rather than a retailer. In regards to acquisitions being good, I agree with you. Especially when they are the right one that fits your operational needs. which I feel NTD are doing. I feel they will acquire a few more companies and drop a few brands to achieve the right balance. RPM seem to be picking up rather strange pick ups for people in the industry and putting lipstick on them.

Not sure how people can say who cares what they sell as long they are building an empire and in the same breathe talk about the long term rewards. Sounds like bitcoin owners again. And like I said before, as long as you exit at the right time there's money to be made in bitcoin too. Just for RPM, not sure howling they can keep putting on the lipstick until someones see-through (in my opinion).