KGN
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1.11% $4.54 kogan.com ltd

What's missing in the discussion is the effect of the higher...

  1. powertool
    689 Posts.
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    11/09/17
    10:28
    Post #: 27123732
    What's missing in the discussion is the effect of the higher AUD.

    It should transfer immediately to higher margin on the physical items business side. Margins are skinny in the online world but an extra 3% or so will boost cashflow considerably. I am sure they will do well regardless of the AUD but getting a little tailwind is a nice boost to an already good news story.
    KGN Price at posting: $3.23 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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