KMD kmd brands limited

Back to $2 (end of COVID in NZ coming) and Interim Dividend

  1. 686 Posts.
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    I see the Interim Dividend announcement is on 7 June - anyone know if it is still happening?

    Also see that border re-opening is imminent between both KMD's key markets too.

    New Zealand government flagged yesterday afternoon an announcement coming - looks like the shift to Level 1 in NZ is happening - in a week instead of another month. This means they are confident COVID threat and existence of COVID in NZ has gone. https://www.stuff.co.nz/national/300025851/jacinda-ardern-brings-forward-level-1-decision-to-next-monday

    This means BIG business for KMD and return to normal trading. Their audience can start activities, travel and holidays again. It will mean border re-opening to OZ and the NZ snow season between Oz and NZ getting major lift off. Australians are by far NZ's greatest visitor numbers and keep the country humming in Winter. There isn't even a close second. And most go to the Sth Island of NZ where it's cold - KMD again.

    1.47 million visitors to NZ are from Australia
    595k specifically to holiday (leisure)
    564k to visit family (leisure)
    Stay average of 11 days
    SPEND $2.4 BILLION

    Back to $2.
    Last edited by KiwiCheek: 03/06/20
 
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Last
24.0¢
Change
0.015(6.67%)
Mkt cap ! $170.8M
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24.0¢ 25.0¢ 24.0¢ $431.1K 1.771M

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Price($) Vol. No.
24.5¢ 12000 1
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Last trade - 16.10pm 05/09/2025 (20 minute delay) ?
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