KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-10454

  1. 200 Posts.
    lightbulb Created with Sketch. 96

    DW8 is a wait and see for me right now.

    I'm all for the acquisitions but it’s time to consolidate processes and procedures and start winning customers and grow organically.

    I have spoken with two of my clients heavily involved in the liquor industry they have both dealt with Partons in the past and both said that they are well known for being a terrible operator to quote my client "their vans are crap, the stock arrived hot like boiling, there always mess up orders, lost stock wrong stock etc" this indicates partons is going to need a huge overhaul. they had significant debt and not making any profit.

    Take this with a grain of salt but my client also said that hes head whispers a big account or two are planning to leave.

    With so much M&A activity happening its going to take time for results to come out in the wash.

    The stratergy is there lets see if it works, I don't expect any substantial developments in the short term, Dean has his 100mil shares now its time to put the head down and get to work.


 
watchlist Created with Sketch. Add KDY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.