Amazon Australia has been around for a few years now. But yes, still fairly early days for them. Yes, they're a threat. KGN's warehousing & logistics issues were extreme in the pandemic reversal, but I thought were very well managed prior. KGN uses 3rd party warehousing. This has benefit of reducing fixed costs & investment - which in prior years has been very effective for KGN. But yes, during the latest hiccup has resulted in additional costs. Swings & roundabouts, no? I'd rather not assume hiccups are permanent.
In truth, I'm not sure what's a bigger threat to KGN, Amazon or the legacy retailers (as they increasingly flex their 'omni' muscle).
Amazon Australia has been around for a few years now. But yes,...
Add KGN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.22 |
Change
0.040(0.96%) |
Mkt cap ! $424.6M | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.28 | $4.17 | $1.344M | 317.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9701 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 578 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| KGN (ASX) Chart |