Q: KITS is up big recently. Should I still be adding more?
5i Research Answer:
We can't get personal, but it is a solid small cap, with a management team that has done it all before (Coastal Contacts) and growth looks very good. Insiders own 26%. It is expensive, and a small cap, so there are risks in the type of market we have right now. But we would be fine owning some of this, with a position size related to one's own risk profile. The momentum is very positive right now, which we do like. It is also net debt-free.