I share your views on this one. KMD is a strong stock for...

I share your views on this one. KMD is a strong stock for exactly the reasons you listed.

I have been a buyer since the low .80s, I'm comfortable topping up here as the shops look busy every time I walk past & there are plenty of people wearing the new jackets (the ones with bright color's).

I think you have missed a few items in your analysis though:

• Last years capital raise still holds this stock back
• International Travel is important for some segments (backpacks mainly) & this will continue to affect KMD
• Ripcurl, although it has a strong surfing pedigree, will do best when international travel is back & people who aren't committed surfers also add to the bottom line (Flip Flops & Boardies for that bali holiday anyone?)

That said - I am planning on doing a number of multi-day hikes over the summer which requires a large amount of new gear which i will need to buy from somewhere....