KDY 0.00% 2.7¢ kaddy limited

This is just a comment for any potential new investors who would...

  1. 380 Posts.
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    This is just a comment for any potential new investors who would be deterred by TT trash tier comments.

    TT writes: "The acquisitions are great but doesn't that show that the original business model wasn't enough. Digitial WINE wasn't going to make it; so they bought other businesses in beer / logistics to increase market share".

    The DW8 summary is literally:'...Australian Publicly listed company that aims to identify and INVEST in early stage technology-driven ventures..." The summary is very transparent in showing their model to rely on the acquisition & conglomeration of various ventures achieving '1 + 1= 3' scenarios... WINE market is just one sliver of the business that in all regards is still in infancy- so to expect it to pivot to industry leadership in just a few quarters just shows incredible investing immaturity.

    re partons being garbage- this is a good thing: buying something that is garbage and making it good is how money is made and value is delivered to shareholders. Ideally assets are bought when no one wants them and sold/ capitalised on later when everyone does.


 
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