KMD 4.48% 35.0¢ kmd brands limited

Update is that stores reopened, likely going okay ATM but one...

  1. 32 Posts.
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    Update is that stores reopened, likely going okay ATM but one should probably be realistic. Think about what is happening in the economy, the real economy, not the fantasy world the stocks appear to live in driven by bots, large corporations and the get rich quick retailers.

    What do you think will honestly happen in the next few months when the stimulus packages run dry and the jobs are continually down?

    You have an economy with large unemployment, a significant amount of jobs that in the short to medium term will likely disappear, changed consumer buying behaviour and you're investing in a company selling a premium product. The product is also very well catered to the travel and leisure market which is not going particularly great.......

    Please don't get me started on the Ripcurl brand either.

    I was a previous holder of KMD. I am not currently.

    GL to you though.

    All my opinion obviously. Clearly not financial advice.
 
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