KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-8541

  1. 645 Posts.
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    Yes, although the move to in-house logistics via Parton is not so much a pivot as it is a natural progression in line with the underlying architecture/design plan.

    Parton acq was a necessary move to ensure we can acquire the bigger supplier accounts, and has been planned for some time.

    It is true that the deal has synthesized a big jump in revenue and volume for the firm, but the real benefit is the above: the ability to now sign the monsters of the industry (monsters in terms of volume, underlying labels and associated brand equity, and total SKU offerings). I expect there will be an overnight change in industry perception of the platform/firm when this happens.

    'Market' will take a while to gain traction, Covid aside, but our sticky supplier base trajectory is looking better than ever.
    Last edited by tas_mc_investor: 24/07/21
 
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