Kathmandu (KMD): Out of the Whitewater
Kathmandu (KMD): Out of the Whitewater. We believe KMD's strong brand, coupled with a vertically integrated business model, is a key competitive advantage. We believe KMD is well positioned to lift brand penetration in Australia & explore significant new offshore market growth opportunities through online. At current price levels, we consider KMD's valuation as undemanding (FY15e/FY16e PE 13.2x/11.1x) & retain our Buy with a largely unchanged PT of $3.47. View our report by Sam Haddad here: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Comments
Comments
Sign In or Join Free to comment