Can't see why SMX post was removed. He was speculating that today's news was published by KTD to counteract bad news coming out in the next C4. Pure speculation, of course. But if that is his opinion ... and he vaguely remembers a similar situation ... fine by me. I didn't think so, and I hope I don't get removed.
To me, today's announcement rang true. ... and of course, one would like to see better growth than 10% yoy. I live very sheltered, wife and all 4 kids have continuous employment, but I can see how the lockdowns have affected sales, sales growth, marketing activities, sales avenue and prospects.
Anecdotally, my gym membership expired 18 months ago, my 130ks rides on the weekend have morphed into 5km loops,... only 1 person in our household goes shopping, car gets fueled every 2 months ... all good for the bank account, not good for GDP.
Some guys here do really good tables of KTD's accounting figures; I will wait for them. But for today, this is neither here or there. KTD is not out of the woods, the cash position will again be scrutinised soon, along with a close look at margins and staff costs.
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