KGN 0.58% $5.17 kogan.com ltd

Ann: 2021 AGM Presentation, page-48

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  1. 9,255 Posts.
    lightbulb Created with Sketch. 893
    This is a perfect example of the following fruit (lemon) and animal (dog with fleas).

    I'm sorry to be so honest, but management in 4 months in FY22 have failed to show progress:
    1. Inventory levels in Oct21 were not disclosed
    2. NPAT for Oct21 is likely to be negative (hence not disclosed)
    3. Kogan original business is in the decline
    4. Nothing inspiring in the read out - perfect fuel for shorters.
 
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