KGN 1.18% $4.18 kogan.com ltd

Kogan, really cheap given the growth profile, page-270

  1. 184 Posts.
    lightbulb Created with Sketch. 52
    hmm disagree

    sg&a loks good in my opinion with synergies via mightyape
    also other cost synergies

    I don't have a problem with the valuation based on nasdaq benchmarks ( no real benchmarks in Aus or NZ)

    all other metrics look strong though I'd like to see the feb Half FCF conversion

    business model is solid and inperson shopping is now at steady state asymptotic to the pre covid levels so I don't see kgn being additionally hit

    all looking solid to me
 
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